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Health Care Distributors Industry Stocks Technical Analysis - BMYArchive
- 1/30/2026 -
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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 for the Bristol-Myers Squibb (BMY). During the week, the BMY climbed 0.40 points, or 0.73%, and closed at 55.05 on Friday, January 30, 2026. Weekly volume was -15% below average.
 Long-term trend: [See BMY long-term trend chart]
A long-term downtrend had started on December 1, 2022 at 81.44 and reached 39.35 on July 5, 2024. BMY lost 42.09 points, or 51.68%, in 83 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (56.19). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See BMY medium-term trend chart]
A medium-term downtrend had started on March 11, 2025 at 63.33 and reached 42.52 on October 29, 2025. BMY lost 20.81 points, or 32.86%, in 33 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (42.08) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See BMY weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. 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.
The weekly MACD line is above its signal line since October 31, 2025. 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 January 14, 2026 at 57.04 and reached 53.55 on January 21, 2026. BMY lost 3.49 points, or 6.12%, in 7 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 54.32 and resistance is at 55.77. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
 Daily Technical Indicators: [See BMY daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since January 15, 2026. This is an indication that the short-term trend is down.
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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 |
5 |
| Industry |
Health Care Distributors |
79 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
53.55 |
| Low Date |
01/21/2026 |
| High |
56.12 |
| High Date |
01/27/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Valid |
| Resistance |
55.77 |
| Support |
54.32 |
| High |
57.04 |
| High Date |
01/14/2026 |
| Low |
53.55 |
| Low Date |
01/21/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
59.13 |
| Support |
53.97 |
| Low |
42.52 |
| Low Date |
10/29/2025 |
| High |
57.04 |
| High Date |
01/14/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Descending Triangle |
| Status |
Broken Resistance |
| Resistance |
35.83 |
| Support |
42.08 |
| High |
63.33 |
| High Date |
03/11/2025 |
| Low |
42.52 |
| Low Date |
10/29/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Test Resistance |
| Resistance |
56.19 |
| Support |
43.12 |
| High |
81.44 |
| High Date |
12/01/2022 |
| Low |
39.35 |
| Low Date |
07/05/2024 |
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