Stock Analysis: Bristol myers Squibb Co (BMY)

Stock Analysis for Bristol myers Squibb Co (BMY)

The Interpreter
Hey Friend, I'm analysing BRISTOL MYERS SQUIBB CO (BMY), and it is between the Support of $ 47.59 (0% of Fibonacci) and the Resistance of $ 48.65 (PivotS2). The stock is falling and may come close and reach $ 47.59 soon.

Bristol myers Squibb Co (BMY)

$ 48.30 +1.0%

Last Close 18-Apr-24

Trade BMY Now

Supports

Next Support: $ 47.59

Pivot S3: $ 46.52
Fibonacci 0%: $ 47.59
Triangle Level (0): $ 45.54

Resistances

Next Resistance: $ 48.65

Pivot S2: $ 48.65
Fibonacci 38.2%: $ 50.44
Triangle Level (0): $ 48.93

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 21 Mar 2024	Sell Price: 51.59	Loss: Close Day2 ($ 52.26)	Engulfing	Sell
002 25 Jan 2024	Sell Price: 49.61	Loss: Close Day2 ($ 49.87)	Engulfing	Sell
003 27 Nov 2023	Sell Price: 49.02	Profit: Close Day1 ($ 48.92)	Abandoned Baby	Sell
004 09 Aug 2023	Buy Price: 60.74	Profit: Open Day1 ($ 61.09)	Engulfing	Buy
005 09 Aug 2023	Buy Price: 60.62	Profit: Open Day1 ($ 61.09)	Piercing Line	Buy
006 25 Apr 2023	Sell Price: 70.24	Profit: Open Day1 ($ 69.60)	Engulfing	Sell
007One Year Average	Both Sides Result for 6 Signals	Profit: $ 0.64 ($ 0.11 / Signal) +1.1% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for BMY Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	48.07	BUY	2	48.20	BUY
3	48.13	BUY	3	48.24	BUY
5	48.24	BUY	5	48.50	SELL
8	49.03	SELL	8	49.00	SELL
13	50.07	SELL	13	49.69	SELL
21	51.03	SELL	21	50.34	SELL
34	51.63	SELL	34	50.75	SELL
55	50.89	SELL	55	50.99	SELL
90	50.90	SELL	90	51.56	SELL
200	54.57	SELL	200	54.83	SELL

Company Info +

Name & IPO

Bristol-myers Squibb Co
IPO: 1929-07-05

Stock Ticker & Exchange

Ticker: BMYIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.bms.com/
Phone:

Stock Type

Common Stock

SIC Office

Life Sciences ()

Industry

Pharmaceutical Preparations

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.