$BMY Bristol-Myers Squibb Company Stock Robo Analyst January 15 2020 #BMY

Bristol-Myers Squibb Company (BMY) “On a long-term technical basis, the stock (BMY) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 64.75 and 60.66. If the stock breaks down through support at 64.75 then it will probably continue lower to 60.66. The stock will meet resistance at 67.00 and 72.84. If the stock breaks up through resistance at 67.00 then it will probably continue higher to 72.84. The 200-day moving average is at 50.94. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (78.01).”