Meyka AI API is live for developers.Start building.
Advertisement
Bristol-Myers Squibb Company

Bristol-Myers Squibb Company (BMY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bristol-Myers Squibb Company.

BMY●NYSE
HealthcareDrug Manufacturers - General
$55.60
$0.88(1.56%)
U.S. Market opens in 16h 27m
Advertisement

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BMY Technical Analysis Summary

Bristol-Myers Squibb Company stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.09)
Trend Strength:Weak (ADX: 16.02)
Volatility:Medium (ATR: 1.44)
Support/Resistance:$54.15 – $59.71 (Bollinger Bands)

Technical conditions suggest Bristol-Myers Squibb Company is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.09

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 37.71

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.27

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.03

Bearish
Selling pressure outweighs buying.

Takeaway:Bristol-Myers Squibb Company shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.56

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.02

Weak
Weak trend, market trading sideways.

ATR (14): 1.44

Low
Low volatility, stable price action.

CCI (14): -54.32

Bearish
Bearish, momentum remains under pressure.

Takeaway:Bristol-Myers Squibb Company shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$59.71
Middle Band (SMA 20)
$56.93
Lower Band
$54.15
Current Position
Within Bands

Takeaway:Bristol-Myers Squibb Company trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$59.71
Middle Line (EMA 20)
$56.82
Lower Channel
$53.93
Squeeze Status
Squeeze On

Takeaway:Bristol-Myers Squibb Company trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-101.40M
Money Flow Index49.72Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.20Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BMY shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Bristol-Myers Squibb Company, here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Bristol-Myers Squibb Company are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ