BMY (BMY) — Downtrend in force
BMY (BMY) is trading at $59.37, -3.49 (94.4%) on the session. Over the last 128 sessions the trend is down with a +0.1% move. Price is -12.8% from its 6-month high and +9.9% from its 6-month low. Annualised volatility (30-day) is ~21%.
Probability scenarios
Bearish bias — 2 bullish, 6 bearish, 0 neutral of 8 signals.
Trend Downtrend in force
BMY (BMY) is trading at $59.37. Over the last 128 sessions the trend is **down** with a +0.1% move.
Price is -12.8% from the 6-month high and +9.9% from the low. Annualised volatility (30-day) is ~21%.
Price is below the 15-day MA ($61.99, -4.2%) and below the 50-day SMA ($64.38).
Bollinger Bands Breakdown pressure — closing below the lower band
Bollinger Bands (20, 2): price is at $59.37, upper $65.42, middle $62.47, lower $59.52. Price is breakdown pressure — closing below the lower band.
Bandwidth is 9.4% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Below 50
RSI(14) is 30.2. 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 $-1.16, signal $-0.79, histogram -0.374.
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 1.53× 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 Below anchored VWAP — period buyers underwater
Price ($59.37) is -1.3% below the anchored VWAP ($60.13). Period buyers are underwater — overhead supply tends to cap rallies.
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 / 0 support levels
Current price $59.37. Resistance above: $61.59, $63.07, $64.13. Support below: none nearby.
Resistance
$61.59
Resistance
$63.07
Resistance
$64.13
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (+0.1% over the period).
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($64.38).
- RSI (14) Bearish RSI 30 — below 50, momentum fading.
- MACD (12,26,9) Bearish Histogram negative (-0.374) — fast line below signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B -0.03).
- Volume profile Bullish Up-day volume 1.53× down-day volume — accumulation.
- A/D line Bullish A/D line slope is rising — institutions accumulating.
- AVWAP Bearish Price below anchored VWAP ($60.13).
Generated from 128 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-06T15:32:07.232967741Z). 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.