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(BMY) Bristol Myers complete technical analysis [charts+indicators] | Buy/Sell Bristol Myers | (BMY) share price targets

Complete technical analysis of Bristol Myers (BMY) by charts plus indicators, forecast predictions and share price targets for Bristol Myers (BMY)

Bristol Myers trades in USA in Health Care sector.

10 day averaged volume of Bristol Myers is 12315510

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 58.78 59.98 60.68 58.63 1.146 times
22 Fri Nov 2024 58.87 58.35 58.92 57.62 0.602 times
21 Thu Nov 2024 58.23 58.16 58.48 57.47 0.604 times
20 Wed Nov 2024 57.88 58.60 58.83 57.67 0.913 times
19 Tue Nov 2024 58.23 56.50 58.65 56.10 1.066 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.7, but if it comes below 58.7, then a intra day sell could be more profitable.
If you take a sell trade below 58.7, then use 58.7 as stoploss and 56.58 as target. However if you take a buy trade in stock , then use 58.7 as stoploss and 61.3 as target.

Share price targets for Bristol Myers (BMY)

Target Type Value
Downside Target 39.35
Downside Target 46.22
Downside Target 47.55
Downside Target 50.24
Downside Target 53.97
Downside Target 55.82
Downside Target 56.20
Downside Target 56.80
Downside Target 58.63
Upside Target 58.92
Upside Target 60.68
Upside Target 61.08

Intraday share price targets for Bristol Myers (BMY)

Target Type Value
Downside Intraday Target 58.05
Downside Intraday Target 57.31
Upside Intraday Target 60.1
Upside Intraday Target 61.41
Upside Intraday Target 59.36

Weekly technical analysis of Bristol Myers (BMY)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 58.78 59.98 60.68 58.63 0.283 times
22 Fri Nov 2024 58.87 56.18 58.92 55.84 0.574 times
15 Fri Nov 2024 56.22 60.72 61.08 55.82 1.638 times
08 Fri Nov 2024 54.14 54.33 56.80 53.97 0.913 times
01 Fri Nov 2024 54.32 51.95 56.20 51.81 1.788 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bristol Myers (BMY)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 58.78 55.88 61.08 53.97 0.943 times
31 Thu Oct 2024 55.77 51.95 56.20 51.31 0.986 times
30 Mon Sep 2024 51.74 49.71 52.16 47.55 0.903 times
30 Fri Aug 2024 49.95 47.80 50.24 46.22 0.715 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bristol Myers (BMY)

Indicator Name Indicator Value Indicator Signal
ADX 40, 16, 42 Buy
MACD 3, 3Buy
Stochastics 60None
CCI 103Buy
RSI 60Buy
OBV 7820100Sell
VWAP 58Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Bristol Myers ( (BMY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bristol Myers ( (BMY) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bristol Myers ( (BMY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bristol Myers ( (BMY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bristol Myers stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bristol Myers in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bristol Myers Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Bristol Myers in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bristol Myers is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.97 and Bristol Myers (BMY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Bristol Myers (BMY) stock. Volume based technical analysis of Bristol Myers (BMY) stock is negative.

Bristol Myers Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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