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Archive - 7/31/2026 - Sign In to see current Signals. |
Bristol-Myers Squibb (BMY) Technical Analysis
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| Summary:
| | Weekly :     | | Daily :  Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Bristol-Myers Squibb (BMY). During the week, the BMY gained 3.22 points, or 5.19%, and closed at 65.31 on Friday, July 31, 2026. BMY was trading at average weekly trading volume. BMY is a member of Health Care Sector. Health Care is the 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 October 29, 2025 at 42.52 and reached 65.66 on July 31, 2026. BMY gained -23.14 points, or -54.42%, in 39 weeks. The chart has formed a Falling Channel chart pattern. The uptrend resistance line (52.34) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See BMY medium-term trend chart] A medium-term uptrend had started on June 18, 2026 at 53.44 and reached 65.66 on July 31, 2026. BMY gained -12.22 points, or -22.87%, in 6 weeks. Price is near the trend high.
Weekly Technical Indicators: [See BMY weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 July 14, 2026 at 56.78 and reached 65.66 on July 31, 2026. BMY gained -8.88 points, or -15.64%, in 17 days. Price is near the trend high.
Daily Technical Indicators: [See BMY daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. The daily MACD line is above its signal line since June 25, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
11 |
| Industry |
Health Care Distributors |
101 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
56.78 |
| Low Date |
07/14/2026 |
| High |
65.66 |
| High Date |
07/31/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
56.78 |
| Low Date |
07/14/2026 |
| High |
65.66 |
| High Date |
07/31/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
53.44 |
| Low Date |
06/18/2026 |
| High |
65.66 |
| High Date |
07/31/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Falling Channel |
| Status |
Broken Resistance |
| Resistance |
58.04 |
| Support |
52.34 |
| Low |
42.52 |
| Low Date |
10/29/2025 |
| High |
65.66 |
| High Date |
07/31/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
39.35 |
| Low Date |
07/05/2024 |
| High |
65.66 |
| High Date |
07/31/2026 |
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