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- 8/14/2026 -
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Bristol-Myers Squibb (BMY) Technical Analysis

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Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtBroken trend resistance lineTrend support at 63.78
Daily :Daily  MACD line has moved below its signal line
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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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.83
Williams' Percentage Range (W%R) 47.80
Lane's Stochastic (%D-Slow) 27.83
Greed/Fear Indicator (GFI) 45.28
Moving Average Converg./Diverg. (MACD) 1.60
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.80
Williams' Percentage Range (W%R) 27.10
Lane's Stochastic (%D-Slow) 81.19
Overbought
Greed/Fear Indicator (GFI) 69.76
Moving Average Converg./Diverg. (MACD) 1.39
Trading Signals
Description Value Chart
Parabolic System 66.31
Upper Bollinger Band 66.28
Monthly Trendline Resistance 65.90
Weekly Stochastic Crossing 65.40
Price 63.83
Monthly Trendline Support 63.78
Daily Stochastic Crossing 63.57
20 Day Moving Average 63.47
Lower Bollinger Band 59.81
50 Day Moving Average 59.58
Quarterly Trendline Resistance 57.56
Quarterly Trendline Support 51.87
Sector and Industry
Description Name Rank
Sector Health Care 11
Industry Health Care Distributors 105
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
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 68.10
High Date 08/03/2026
Low 63.00
Low Date 08/12/2026
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
Quarterly Trend
Yearly Trend
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
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 39.35
Low Date 07/05/2024
High 68.10
High Date 08/03/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.