BMY Technical Signal Analysis
BMY have 3 buy signals and 0 sell signal now. The current trend is consolidation starting from 2025-03-11. The total price change during this trend is -2.00%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of BMY over last 5 trading day is $900,431,686.73
3 Bullish Signal
0 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.9
Bullish
Momentum (10 days)
MOM_10 > 0
1.48
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
1.02
Bullish
Name
Signal
Value
Meaning
3 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.9
Bullish
Momentum (10 days)
MOM_10 > 0
1.48
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
1.02
Bullish
BMY Support and Resistance Level
The support levels for BMY are at 58.51, 57.23, and 55.16, while the resistance levels are at 62.64, 63.92, and 65.98. With the current stock price at 60.28, it is leaning more toward the support levels.
BMY Technical Analysis
Technical Analysis of BMY Stock
Current Price and Recent Performance:
- Price: 61.050000000000004
- Timestamp: 2025-03-07
Technical Indicators:
- RSI (14): 65.92 (Neutral, approaching overbought)
- Stochastic Oscillator: %K (86.49), %D (87.98) (Overbought)
- MACD: 0.83 (Bullish, but weakening momentum)
- Fibonacci Levels: Resistance at 62.16 and 63.85; Support at 56.69 and 55.00
- Bollinger Bands: Trading near upper band, indicating overbought conditions
Price Action and Recommendations:
- The stock is nearing resistance levels and shows overbought signals.
- Recommendation: Sell at the current price of approximately 61.05, with targets at support levels for potential re-entry.
BMY FAQs
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BMY Buy or Sell
BMY has 3 buy signals and 0 sell signals now. Overall the technical rating for BMY is Buy.
Buy
Sell
0
Buy
3
BMY Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 60.28 below the SMA_5. In the short term, the stock shows a positive trend with the 61.16 above the SMA_20. In the mid term, the stock shows a positive trend with the 58.4 above the SMA_60. In the long term, the stock shows a positive trend with the 57.68 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about BMY's current trend?What are BMY's key support and resistance levels?