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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.

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of Bristol Myers is 16163600

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	40.88	40.86	41.29	40.70	0.636 times
05 Wed Jun 2024	41.24	41.68	41.68	40.92	0.767 times
04 Tue Jun 2024	41.75	41.75	42.08	41.39	0.757 times
03 Mon Jun 2024	41.77	41.16	42.39	41.13	0.846 times
31 Fri May 2024	41.09	40.25	41.16	40.13	1.819 times
30 Thu May 2024	40.25	40.14	40.60	39.91	0.997 times
29 Wed May 2024	40.25	40.28	40.70	39.94	1.02 times
28 Tue May 2024	40.49	41.22	41.33	40.38	0.908 times
24 Fri May 2024	41.24	41.41	41.68	41.07	1.078 times
23 Thu May 2024	41.54	41.92	42.27	41.46	0.77 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.9, but if it comes above 40.9, then a intra day buy could be more profitable.
If you take a sell trade below 40.9, then use 40.9 as stoploss and 38.8 as target. However if you take a buy trade in stock , then use 40.9 as stoploss and 42.53 as target.

Share price targets for Bristol Myers (BMY)

Target Type	Value
Downside Target	39.91
Upside Target	42.39
Upside Target	43.50
Upside Target	44.97
Upside Target	45.72
Upside Target	47.58
Upside Target	50.44
Upside Target	51.92
Upside Target	54.23
Upside Target	55.04

Intraday share price targets for Bristol Myers (BMY)

Target Type	Value
Downside Intraday Target	40.26
Downside Intraday Target	39.63
Upside Intraday Target	41.95
Upside Intraday Target	43.01
Upside Intraday Target	41.32

Weekly technical analysis of Bristol Myers (BMY)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	40.88	41.16	42.39	40.70	0.634 times
31 Fri May 2024	41.09	41.22	41.33	39.91	1.029 times
24 Fri May 2024	41.24	44.00	44.04	41.07	1.041 times
17 Fri May 2024	44.03	44.88	45.72	43.68	1.388 times
10 Fri May 2024	44.94	44.16	44.97	43.50	0.683 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
06 Thu Jun 2024	40.88	41.16	42.39	40.70	0.154 times
31 Fri May 2024	41.09	43.97	45.72	39.91	1.058 times
30 Tue Apr 2024	43.94	54.17	54.23	43.93	0.719 times
28 Thu Mar 2024	54.23	50.94	55.04	50.44	1.42 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Bristol Myers ( (BMY) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Bristol Myers in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.02 and Bristol Myers (BMY) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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