Bristol-Myers Squibb Company ($BMY): The Good, The Bad, The Ugly (2019-11-11)

REPORTING FOR 2019-11-11 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BMY has been trading over the last 2 weeks and the past day especially. On its latest session, Bristol-Myers Squibb Company ($BMY) opened at 57.61, reaching a high of 58.055 and a low of 57.29 before closing at a price of 58.02. There was a total volume of 11418626.

VOLUME INDICATORS FOR BRISTOL-MYERS SQUIBB COMPANY ($BMY): We saw an accumulation-distribution index of 224.41873, an on-balance volume of -57.58, chaikin money flow of 2.4382 and a force index of 1.219. There was an ease of movement rating of 0.0052, a volume-price trend of 10.71384 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR BRISTOL-MYERS SQUIBB COMPANY ($BMY): We noted an average true range of 0.54899, bolinger bands of 57.64654, an upper bollinger band of 56.54346, lower bollinger band of 57.29, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 57.65167, high band keltner channel of 57.20667, low band keltner channel of 58.09667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 57.29, a donchian channel low band of 57.29, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR BRISTOL-MYERS SQUIBB COMPANY ($BMY): We calculated a Moving Average Convergence Divergence (MACD) of -0.00875, a MACD signal of -0.00486, a MACD difference of -0.00389, a fast Exponential Moving Average (EMA) indicator of 57.29, a slow Exponential Moving Average (EMA) indicator of 57.29, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.40983, a trix of 12.99526, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -8.9116, a KST Oscillator (KST) of 184.20625 and a KST Oscillator (KST Signal) of 184.20625 (leaving a KST difference of -2.01536). We also found an Ichimoku rating of 57.8325, an Ichimoku B rating of 57.8325, a Ichimoku visual trend A of 49.98409, an Ichimoku visual trend B of 51.78694, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR BRISTOL-MYERS SQUIBB COMPANY ($BMY): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 96.53365, a stochastic oscillator of 171.91011, a stochastic oscillator signal of 171.91011, a Williams %R rating of 71.91011 and an awesome oscillator of -0.09292.

RETURNS FOR BRISTOL-MYERS SQUIBB COMPANY ($BMY): There was a daily return of 18.42062, a daily log return of -0.68307 and a cumulative return of -0.68075.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-11 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Bristol-Myers Squibb Company ($BMY)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Bristol-Myers Squibb Company ($BMY) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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