Is Bristol Myers Squibb Co. technically bullish or bearish?
As of May 15, 2025, the technical trend is mildly bearish, indicated by a bearish MACD, moving averages, and momentum indicators, despite a bullish RSI on the weekly chart.
As of 15 May 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by a bearish MACD on the weekly chart and bearish moving averages on the daily timeframe. The weekly KST and Bollinger Bands also indicate bearish momentum. Although the RSI is bullish on the weekly chart, the overall indicators suggest weakness in the stock's performance, particularly in the context of its recent returns compared to the S&P 500.
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