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Archive
- 10/10/2025 -
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Bristol-Myers Squibb (BMY) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Bristol-Myers Squibb (BMY). During the week, the BMY dropped -1.49 points, or -3.28%, and closed at 43.96 on Friday, October 10, 2025. It was the worst weekly loss since August 1, 2025. Weekly volume was 12% above 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 July 5, 2024 at 39.35 and reached 63.33 on March 11, 2025. BMY gained -23.98 points, or -60.94%, in 35 weeks. The price is now at the 80.78% retracement level.
 Medium-term trend: [See BMY medium-term trend chart]
A medium-term downtrend had started on August 20, 2025 at 49.58 and reached 43.19 on September 25, 2025. BMY lost 6.39 points, or 12.89%, in 5 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 41.21 and resistance is at 48.57. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See BMY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since August 15, 2025. The distance between MACD and the signal line is low and getting smaller. 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 October 1, 2025 at 48.58 and reached 43.77 on October 10, 2025. BMY lost 4.81 points, or 9.90%, in 9 days. Price is near the trend low.
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.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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