BMY

BMY (BMY) — Downtrend in force

BMY (BMY) is trading at $61.15, -1.71 (52.6%) on the session. Over the last 127 sessions the trend is down with a +3.1% move. Price is -10.2% from its 6-month high and +13.2% from its 6-month low. Annualised volatility (30-day) is ~18%.

Trend Downtrend in force

BMY (BMY) is trading at $61.15. Over the last 127 sessions the trend is **down** with a +3.1% move.

Price is -10.2% from the 6-month high and +13.2% from the low. Annualised volatility (30-day) is ~18%.

Price is below the 15-day MA ($62.43, -2.1%) and below the 50-day SMA ($64.49).

Bollinger Bands Near the lower band — weakness

Bollinger Bands (20, 2): price is at $61.15, upper $65.06, middle $62.85, lower $60.65. Price is near the lower band — weakness.

Bandwidth is 7.0% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.

RSI (14) Below 50

RSI(14) is 34.5. Momentum has faded; the bullish case needs rebuilding.

Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.

MACD (12, 26, 9) Bearish — momentum slowing

MACD (12, 26, 9): line $-0.85, signal $-0.66, histogram -0.188.

The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.

Volume Analysis Accumulation — buyers in control

Over the recent 19 sessions, average up-day volume is 1.63× down-day volume. Price rises on heavier volume than it falls on — a sign buyers are more committed than sellers.

Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.

Smart Money (A/D) Smart money accumulating

The Accumulation/Distribution line is rising and sitting well off highs. Institutions are not aggressively distributing — large funds still appear net long.

A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.

Anchored VWAP Above anchored VWAP — period buyers in profit

Price ($61.15) is +1.7% above the anchored VWAP ($60.15). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.

Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.

Key Levels 3 resistance / 1 support levels

Current price $61.15. Resistance above: $61.59, $63.07, $64.00. Support below: $60.60.

Watch $61.59 as the first upside level to clear, and $60.60 as the first downside level to hold. A clean break of either often determines the next leg.

Signal breakdown

• Trend (6mo) Bearish Linear-regression slope is down (+3.1% over the period).
• Price vs 50-day SMA Bearish Price is below the 50-day SMA ($64.49).
• RSI (14) Bearish RSI 35 — below 50, momentum fading.
• MACD (12,26,9) Bearish Histogram negative (-0.188) — fast line below signal.
• Bollinger %B Bearish Price in the lower half of the bands (%B 0.11).
• Volume profile Bullish Up-day volume 1.63× down-day volume — accumulation.
• A/D line Bullish A/D line slope is rising — institutions accumulating.
• AVWAP Bullish Price above anchored VWAP ($60.15).

Generated from 127 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-03T17:02:00.885846657Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.