Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

Bristol-Myers Squibb Company (NYSE:BMY)

Long-Term Downtrend (-90) - BMY is in a strong downtrend that is likely to continue. While BMY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BMY?

MarketClub looks at technical strength and momentum to determine if the timing is right for BMY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BMY
Open High Low BMY Price Change
44.360 44.420 43.333 43.970 -0.240
Entry Signal

MarketClub’s Trade Triangles for BMY

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 47.58

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 51.27

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 48.55

Smart Scan Analysis for BMY

Based on our trend formula, BMY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BMY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.360 44.420 43.333 43.970 -0.240
Prev. Close Volume Bid Ask Time
44.210 7991289 2024-05-02 13:30:35
Year High70.05Year High Date2018-02-16
Year Low46.94Year Low Date2018-10-25
52wk High69.152wk High Date2023-05-11
52wk Low43.72852wk Low Date2024-05-01
Year End Close32.59Average Volume14,063,534
Shares Outstanding2,027,100Short Interest38,454,316
% Institutional65.8Market Cap80,545M
Assets990,310,000MLiabilities825,410,000M
P/E Ratio16.9797Beta0.14
Volatility36.34
Get a free daily analysis and signals for Bristol-Myers Squibb Company (BMY) - Request Your Free Report.