BRISTOL-MYERS SQUIBB COMPANY (BMY) Technical Analysis

🔺 Technical Setup

🎯 Decision Map

From a roadmap perspective, the setup is boxed by support near 58.67 and resistance around 61.63. Clearing resistance would strengthen the constructive case, while a failure through support would damage the present setup.

📊 Technical Summary

BRISTOL-MYERS SQUIBB COMPANY (BMY) closed at 60.59 (+5.21%). The chart remains in a constructive trend regime, with price holding above both the 50-day and 200-day moving averages. 20-day momentum is running at -1.85%; price is trading in the upper part of its roughly 52-week range (42.60–62.37); and ATR14 volatility is running near 2.26% of price. RSI(14) stands around 57.4, which keeps the momentum picture broadly balanced. RSI has been trending higher in recent sessions, indicating improving momentum conditions. MACD is positioned above the signal line, supporting a still constructive momentum backdrop. The MACD histogram is positive and expanding, pointing to improving upside momentum. Recent trading volume is running well above its 20-day average, which suggests strong participation behind the latest price moves. The nearest decision zone is framed by support at 58.67 and resistance at 61.63. A move through resistance would improve the short-term technical tone, while a loss of support would weaken the current structure. Latest fundamentals snapshot: Revenue: 11.49B · Net income: 2.68B · EPS (basic): 1.31. The interactive view adds overlays, pattern context and broader chart structure for deeper review.

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