|
|
Archive
- 10/16/2026 -
Sign In to see current Signals. |
Bristol-Myers Squibb (BMY) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week after 5 consecutive negative weeks for the Bristol-Myers Squibb (BMY). During the week, the BMY gained 0.63 points, or 1.07%, and closed at 59.75 on Friday, October 16, 2026. It was the best weekly gain since August 21, 2026. Weekly volume was 26% above average.
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 68.64 on August 19, 2026. BMY gained -26.12 points, or -61.43%, in 42 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (59.14) line. The support is usually stronger when technical indicators are oversold. 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 support 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 68.64 on August 19, 2026. BMY gained -15.20 points, or -28.44%, in 8 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (75.27) 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 below its signal line since September 25, 2026. 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 September 30, 2026 at 64.13 and reached 56.15 on October 13, 2026. BMY lost 7.98 points, or 12.44%, in 13 days. The price is now at the 45.11% retracement level.
Daily Technical Indicators: [See BMY daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). 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.
| |
|
|