BMY NEWS why is Bristol-myers Squibb Company price falling or rising

BMY NEWS reasons for why stock price of Bristol-myers Squibb Company is falling or rising

BMY Bristol Myers is falling or rising technical reasons

Technical analysis forecast for Bristol Myers Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bristol Myers BMY at this time. Stock is falling and might fall more.

It appears as if Bristol Myers BMY gave a large move recently.

Stock of Bristol Myers (BMY) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Bristol Myers is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bristol Myers stays below 56.5, but if it comes above 56.5, then a intra day buy could be more profitable.
If you take a sell trade below 56.5, then use 56.5 as stoploss and 54 as target. However if you take a buy trade in Bristol Myers, then use 56.5 as stoploss and 58.51 as target.

BMY Bristol Myers is falling or rising NEWS fundamental reasons

More announcements and NEWS

BMY Bristol-myers Squibb Company current price & indicator signals

Moving Averages for Bristol-myers Squibb Company

  • 5Day Average: 56.64
  • 12Day Average: 58.79
  • 20Day Average: 59.46
  • 50Day Average: 58.49
  • 100Day Average: 57.93
  • 150Day Average: 55.9
  • 200Day Average: 53.26

BMY Indicators & signals

Indicator MACD (12,26,9)

57.96, 58.61, 0.06
Indicator MACD is in negative zone

Indicator ADX (14)

38.64, 14.14, 31.94
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 39
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of BMY Bristol-myers Squibb Company are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
07 Mon Apr 2025 55.19 52.69 to 55.30 -0.2% 1.27 times
04 Fri Apr 2025 55.30 54.72 to 57.17 0% 1.11 times
04 Fri Apr 2025 55.30 54.72 to 57.17 -4.36% 1.11 times
03 Thu Apr 2025 57.82 57.66 to 60.80 -2.99% 1 times
02 Wed Apr 2025 59.60 59.16 to 60.24 0.08% 0.63 times
01 Tue Apr 2025 59.55 59.24 to 61.10 -2.36% 0.73 times
31 Mon Mar 2025 60.99 59.37 to 61.64 1.62% 0.88 times
28 Fri Mar 2025 60.02 58.23 to 60.11 1.37% 0.82 times
26 Wed Mar 2025 59.21 58.53 to 59.69 -3.01% 0.88 times
24 Mon Mar 2025 61.05 59.97 to 61.25 -0.03% 0.91 times
21 Fri Mar 2025 61.07 59.84 to 61.34 1.08% 1.95 times
20 Thu Mar 2025 60.42 59.78 to 61.07 0.57% 0.92 times

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BMY NEWS why is Bristol-myers Squibb Company price falling or rising

 

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