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S&P 500 Overbought StocksArchive - 8/14/2026 - 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 the negative week for the Bristol-Myers Squibb (BMY). During the week, the BMY dropped -0.89 points, or -1.38%, and closed at 63.83 on Friday, August 14, 2026. It was the worst weekly loss since June 18, 2026. Weekly volume was -33% below 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 68.10 on August 3, 2026. BMY gained -25.58 points, or -60.16%, in 39 weeks. The chart has formed a Falling Channel chart pattern. The uptrend resistance line (51.87) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 68.10 on August 3, 2026. BMY gained -14.66 points, or -27.43%, in 6 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (63.78) 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 medium-term trend.
Weekly Technical Indicators: [See BMY weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since July 24, 2026. This is an indication that the medium-term trend is up. 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 3, 2026 at 68.10 and reached 63.00 on August 12, 2026. BMY lost 5.10 points, or 7.49%, in 9 days. The price is now at the 16.27% retracement level.
Daily Technical Indicators: [See BMY daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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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 |
105 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
65.02 |
| High Date |
08/13/2026 |
| Low |
63.35 |
| Low Date |
08/14/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
68.10 |
| High Date |
08/03/2026 |
| Low |
63.00 |
| Low Date |
08/12/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Test Support |
| Resistance |
65.90 |
| Support |
63.78 |
| Low |
53.44 |
| Low Date |
06/18/2026 |
| High |
68.10 |
| High Date |
08/03/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Falling Channel |
| Status |
Broken Resistance |
| Resistance |
57.56 |
| Support |
51.87 |
| Low |
42.52 |
| Low Date |
10/29/2025 |
| High |
68.10 |
| High Date |
08/03/2026 |
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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 |
68.10 |
| High Date |
08/03/2026 |
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