BMY

Bristol Myers SquibbHealthcare

$58.08+0.03%

Rectangle Descending Triangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$58.08

FEBMARAPR

BMY Chart Update

Watch the Rectangle on BMY closely. Trade with professional charting tools.

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:1.06

Entry

$55.87

Stop

$61.59

Target

$49.80

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Descending Triangle

Bearish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Traders are watching Bristol Myers Squibb (BMY) as price action tightens. Currently at $58.08, the asset is showing upward momentum (0.03%). Price action has carved out a classic Descending Triangle. This setup is supported by average volume turnover. A potential breakout level is identified at $55.87, targeting $49.8 with support near $61.59 (R:R 1.06).

Community Sentiment

What is your outlook on BMY?

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