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BMY forms 20 Day Moving Average Resistance on June 25
On Thursday, June 25th, BMY moved up 0.74% while volume was to 0.8× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 54.89, 54.37 & 53.72, with resistance at 56.05, 56.7 & 57.22.
Current SwingTradeBot Technical Rating of BMY: C
Today’s move could mean more—check all the signals for BMY on SwingTradeBot.
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