Previous Hold Today BMY.L ranks #2775 as HOLD CANDIDATE. Next Hold
Today BMY.L ranks #2775 as HOLD CANDIDATE.

BMY.L stock Bristol-Myers Squibb Company

BMY.L stock
Bristol-Myers Squibb Company

April 18, 2019
Change 1.08%
Chart period: 2019-01-21 - 2019-04-18
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will BMY.L stock price go up or down on Tue, 23 Apr 2019?

Bristol-Myers Squibb Company Forecast and Stock Analysis

Technical BMY.L stock analysis for April 18, 2019.

Hold candidate since 2019-04-17 Gain 1.08%
Shorts 2.10% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 0.78
ROA 14.36

Bristol-Myers Squibb Company gained 1.08% in the last trading day, rising from £232.00 to £234.50 The price has risen in 6 of the last 10 days and is up by 2.4% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 2 194 more shares were traded than the day before. In total, 26 083 shares bought and sold for approximately £6.12 million.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the BMY.L stock was £234.50. This is 1.08% more than the trading day before Wednesday, 17th Apr 2019.

During day the stock fluctuated 3.98% from a day low at £226.00 to a day high of £235.00.

30 day high of the BMY.L stock price was £240.00 and low was £222.00.
90 day high was £243.00 and low was £209.00.
52 week high for the Bristol-Myers Squibb Company - £257.00 and low - £172.00.

Trend

Bristol-Myers Squibb Company lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.46% during the next 3 months and, with 90% probability hold a price between £229.27 and £255.61 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Bristol-Myers Squibb Company holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at £229.93 and £232.33. A break down below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday April 16, 2019, which indicates further falls until a new bottom pivot has been found.

Access today's Top 5 Golden Star Companies

A buy signal from a double bottom formation was found on Thursday April 11, 2019 with a target of £231.33. Despite the objective of the signal formation has been reached the stock may continue to perform well.

Relative Strength Index (RSI)

RSI14 is 56 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Bristol-Myers Squibb Company finds support from accumulated volume at £229.00.

Support: £229.00 Price: £234.50 Resistance: £235.00

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £9.00 (3.98%) between high and low. For the last week, the stock has had a daily average volatility of 2.11%.

Our recommended stoploss: £224.80 (-4.14%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Previous Hold Today BMY.L ranks #2775 as HOLD CANDIDATE. Next Hold
Today BMY.L ranks #2775 as HOLD CANDIDATE.