BRISTOL-MYERS SQUIBB CO (1BMY.MI) Stock Technical Analysis
BIT:1BMY - Euronext Milan - US1101221083 - Common Stock - Currency: EUR
Taking everything into account, 1BMY scores 3 out of 10 in our technical rating. In the last year, 1BMY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of 1BMY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
40.82
When analyzing the support we notice one important area.
- A support zone ranging from 41.23 to 41.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1BMY.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1BMY.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1BMY.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 41.63 | NEUTRAL | The RSI value for 1BMY.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.11 | NEGATIVE | The MACD value suggests 1BMY.MI has a negative trend. |
| Stochastics (14,3) | 19.25 | OVERSOLD | The low Stochastics value suggests 1BMY.MI may be oversold. |
| Average Directional Index/ADX (14) | 19.89 | NEGATIVE | The low ADX value for 1BMY.MI suggests a weak or negative trend. |
BIT:1BMY (5/27/2025, 7:00:00 PM)
41.495
+0.26 (+0.63%)