BRISTOL-MYERS SQUIBB CO (BMY) Technical Analysis
NYSE:BMY • US1101221083
Overall BMY gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BMY is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- BMY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BMY has a been trading in the 56.43 - 62.89 range, which is quite wide. It is currently trading near the high of this range.
- BMY has an average volume of 13769700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, BMY outperforms 65% of them, which is more or less in line with the market.
- BMY is an average performer in the Pharmaceuticals industry, it outperforms 61% of 193 stocks in the same industry.
Although BMY has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
42.88
We found 5 important support areas.
- Support @58.61 from a trend line in the daily time frame.
- Support @55.93 from a trend line in the daily time frame.
- A support zone ranging from 53.05 to 53.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 44.23 to 44.82. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @43.31 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 60.79 to 63.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 BMY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMY is up. |
| ChartMill Relative Strength | 65.57 | NEUTRAL | BMY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BMY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BMY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.95 | NEUTRAL | The RSI value for BMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BMY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.75 | NEUTRAL | The Stochastics value for BMY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for BMY suggests some volalility. |
| Average Directional Index/ADX (14) | 40.01 | POSITIVE | The high ADX value value for BMY suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 61.46 | 60.64 | 0.82 (1.33%) | 25.00% |
| An entry @61.46. This is a Buy Stop order right above the 10 day moving average. | An exit @60.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.82 points, which is 1.33%. | For a 0.33% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BMY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BMY Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:BMY (3/5/2026, 2:26:08 PM)
60.7641
-1.57 (-2.51%)
BRISTOL-MYERS SQUIBB CO / BMY FAQ
What is the ChartMill technical rating of BRISTOL-MYERS SQUIBB CO (BMY) stock?
ChartMill assigns a technical rating of 8 / 10 to BMY.
What is the trend direction for BMY stock?
The current trend direction for BRISTOL-MYERS SQUIBB CO (BMY) is Bullish.
What is the RSI signal for BMY stock?
BRISTOL-MYERS SQUIBB CO (BMY) has an RSI value of 64.9521. This indicates that the stock is currently neutral.
What is the MACD signal for BMY stock?
The MACD indicator for BRISTOL-MYERS SQUIBB CO (BMY) has a value of -0.0551688, indicating a bearish trend.
What is the short term momentum for BRISTOL-MYERS SQUIBB CO (BMY) stock?
The short term momentum for BRISTOL-MYERS SQUIBB CO (BMY) is positive.