BMY technical analysis
BMY Technical Analysis
Analysis date
August 5, 2026
Market
NYSE (USD)
Daily cutoff
August 4, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
BMY Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- BMY
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 4, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 65.89 | August 4, 2026 | - | Verified |
| Verification series | 65.89 | August 4, 2026 | 0.00% | Verified |
Bottom line
BMY Technical Analysis Summary
BMY shows a strongly bullish technical picture. On the daily timeframe, price at 65.89 trades above all key moving averages (SMA20 61.28, SMA50 58.05, SMA200 54.78) and sits near the top of its 52-week range, with a 20-day gain of 13.66%. Daily RSI at 72.79 has moved into overbought territory and price is pressing against the upper Bollinger Band (66.74), so the advance looks extended even though momentum remains positive. Daily volume came in well above the 20-day average at 181%, confirming participation behind the move. On the weekly timeframe, the long-term trend remains bullish with price above SMA50 (53.11) and SMA200 (51.25), and the weekly MACD histogram is now positive at 0.45. A sustained break above 68.10 (20-day and 60-day high) would signal renewed upside momentum, while a breakdown below 56.78 (20-day low) would suggest a pullback toward the rising moving averages.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 4, 2026)
- Trend
- Bullish. Price at 65.89 is above SMA20 (61.28), SMA50 (58.05), and SMA200 (54.78), with the moving averages stacked in bullish order and SMA200 sloping upward. Price has moved well above SMA20 as the recent rally accelerated, so the structure is strong but increasingly extended.
- Momentum
- Bullish but stretched. RSI14 at 72.79 is above the overbought threshold of 70, reflecting a strong and extended rally. MACD at 2.19 is above its signal line (1.76) with the histogram positive at 0.43, confirming upward momentum. Overbought readings can persist in strong trends but warrant caution around chasing the move.
- Volatility
- Elevated. ATR14 at 1.89 (2.87% of price) reflects wider than typical daily swings as volatility expanded with the rally. Bollinger Bands (55.81 to 66.74) show price near the upper band, consistent with a strong but extended uptrend.
- Volume
- Above average. Latest volume of 23,291,000 is 181% of the 20-period average (12,862,645), indicating strong participation behind the recent advance.
Assessment
The daily chart shows a strong bullish structure with price above all key SMAs and near the 52-week high. Positive MACD momentum and well above-average volume support the uptrend, but RSI at 72.79 in overbought territory and price near the upper Bollinger Band suggest the move is extended. The bias remains bullish as long as price holds above the 20-day low at 56.78.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 65.31 is above SMA20 (58.00), SMA50 (53.11), and SMA200 (51.25), with SMA50 above SMA200 reflecting a sustained long-term uptrend.
- Momentum
- Bullish. RSI14 at 68.32 is strong but just below the overbought threshold. MACD at 1.96 is above its signal line (1.50) with the histogram positive at 0.45, confirming improving momentum on the weekly timeframe.
- Volatility
- Elevated. ATR14 at 3.12 (4.78% of price) reflects wide weekly ranges. Bollinger Bands (53.05 to 62.96) show price closing above the upper band, indicating a powerful move that is now extended on the weekly timeframe.
- Volume
- Moderately above average. Weekly volume of 68,677,000 is 120% of the 20-week average (57,197,735), showing solid participation during the recent advance.
Assessment
The weekly timeframe confirms a strong long-term uptrend, with price at the top of its 52-week range and above all key moving averages. The positive MACD histogram and slightly above-average volume support the trend, though price closing above the upper Bollinger Band highlights an extended move. The weekly chart favors a bullish but stretched outlook, with pullbacks toward the rising moving averages offering clearer risk-reward.
Key indicators
BMY Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 72.79 | 68.32 |
| MACD (12, 26, 9) | 2.19 / 1.76 / 0.43 | 1.96 / 1.50 / 0.45 |
| ATR (14) | 1.89 (2.87%) | 3.12 (4.78%) |
| Bollinger Bands (20, 2) | 55.81 - 66.74 | 53.05 - 62.96 |
| SMA (20) | 61.28 | 58.00 |
| SMA (50) | 58.05 | 53.11 |
| SMA (200) | 54.78 | 51.25 |
Price structure
BMY Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 65.89 | 65.31 |
| 1-Period Return | +0.64% | +5.19% |
| 5-Period Return | +3.60% | +14.82% |
| 20-Period Return | +13.66% | +12.95% |
| 60-Period Return | +18.46% | +43.25% |
| 252-Period Return | +56.12% | +33.60% |
| 52-Week Low | 41.13 | 41.13 |
| 52-Week High | 68.10 | 65.66 |
| 52-Week Position | 91.81% | 98.57% |
Key levels
BMY Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 68.10 | 65.66 |
| 20-Period Low | 56.78 | 52.84 |
| 60-Period High | 68.10 | 65.66 |
| 60-Period Low | 52.84 | 40.99 |
Scenarios
BMY Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above 68.10 (20-day high / 52-week high) with above-average volume.
Invalidation
Price falls below 56.78 (20-day low).
What to watch
Sustained closes above SMA20 (61.28); daily MACD histogram continuing to expand positively.
Range-Bound
Trigger
Price oscillates between 56.78 (20-day low) and 68.10 (20-day high).
Invalidation
A decisive break of either boundary with increasing volume.
What to watch
RSI cooling from overbought levels toward the 60 to 70 zone; volume easing back toward the 20-day average.
Bearish
Trigger
Price breaks below 56.78 (20-day low) on above-average volume.
Invalidation
Price reclaims SMA20 (61.28) and holds above it.
What to watch
Sustained closes below SMA20 (61.28); rising downside volume.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.
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