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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 57.37 and 54.09. If the stock breaks down through support at 57.37 then it will probably continue lower to 54.09. The stock will meet resistance at 58.46 and 66.57. If the stock breaks up through resistance at 58.46 then it will probably continue higher to 66.57. The 200-day moving average is at 49.04. This will also act as support. The stock is neutral according to the Stochastic Indicator (43.04).”
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