Bristol-myers Squibb Company Ce Stock Forecast

Sell candidate since Aug 04, 2026

No changes to the price of Bristol-myers Squibb Company Ce stock on the last trading day (Wednesday, 5th Aug 2026). During the last trading day the stock fluctuated 0% from a day low at $0.103 to a day high of $0.103. The price has risen in 4 of the last 10 days but is still down by -13.06% for this period.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.58% during the next 3 months and, with a 90% probability hold a price between $0.0724 and $0.107 at the end of this 3-month period.

CELG-RI Signals & Forecast

There are mixed signals in the stock today. The Bristol-myers Squibb Company Ce stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.103. On a fall, the stock will find some support from the short-term average at $0.0942. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, August 03, 2026, and so far it has fallen -3.30%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Bristol-myers Squibb Company Ce stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0902 and $0.0900. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Bristol-myers Squibb Company Ce finds support just below today's level at $0.0902. If this is broken, then the next support from accumulated volume will be at $0.0900 and $0.0813.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 6.93%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CELG-RI) For The Upcoming Trading Day Of Thursday 6th

For the upcoming trading day on Thursday, 6th we expect Bristol-myers Squibb Company Ce to open at $0.103, and during the day (based on 14 day Average True Range), to move between $0.0953 and $0.110, which gives a possible trading interval of +/-$0.0145 (+/-15.20%) up or down from last closing price. If Bristol-myers Squibb Company Ce takes out the full calculated possible swing range there will be an estimated 15.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.104 (1.37%) than the support at $0.0902 (12.00%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Bristol-myers Squibb Company Ce stock A Buy?

Bristol-myers Squibb Company Ce holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.273 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 6, 2026 - $0.103 ( 0%).

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