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Archive
- 10/3/2025 -
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Bristol-Myers Squibb (BMY) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week after 6 consecutive negative weeks for the Bristol-Myers Squibb (BMY). During the week, the BMY gained 1.33 points, or 3.01%, and closed at 45.45 on Friday, October 3, 2025. It was the best weekly gain since August 15, 2025. Weekly volume was 124% above average.
BMY is a member of Health Care Sector. Health Care is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See BMY long-term trend chart]
A long-term uptrend had started on July 5, 2024 at 39.35 and reached 63.33 on March 11, 2025. BMY gained -23.98 points, or -60.94%, in 35 weeks. The price is now at the 74.56% retracement level.
 Medium-term trend: [See BMY medium-term trend chart]
A medium-term downtrend had started on August 20, 2025 at 49.58 and reached 43.19 on September 25, 2025. BMY lost 6.39 points, or 12.89%, in 5 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 42.13 and resistance is at 48.53. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See BMY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since August 15, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See BMY short-term trend chart]
A short-term uptrend had started on September 25, 2025 at 43.19 and reached 48.58 on October 1, 2025. BMY gained -5.39 points, or -12.48%, in 6 days. The price is now at the 58.07% retracement level.
Daily Technical Indicators: [See BMY daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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