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Archive - 9/5/2025 - 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 the negative week for the Bristol-Myers Squibb (BMY). During the week, the BMY gave back -0.04 points, or -0.08%, and closed at 47.14 on Friday, September 5, 2025. Weekly volume was -24% below average.
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 67.51% retracement level.
Medium-term trend: [See BMY medium-term trend chart] A medium-term uptrend had started on July 31, 2025 at 42.96 and reached 49.58 on August 20, 2025. BMY gained -6.62 points, or -15.41%, in 2 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (47.57) is broken. A broken support is considered to be a long-term bearish signal. 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 support 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. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See BMY short-term trend chart] A short-term downtrend had started on August 20, 2025 at 49.58 and reached 46.31 on September 4, 2025. BMY lost 3.27 points, or 6.60%, in 15 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance 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. The daily MACD line is below its signal line since August 27, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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