Auto-detected technical analysis for BMY · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$55.39last close · Jun 25, 2026
BMY Falling Wedge Pattern
No chart pattern is currently detected on BMY. The most recent was a Falling Wedge, detected Jun 23, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $60.37 (+8.9%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; BMY's own falling wedges have hit 57.1%.
BMY is in an open Falling Wedge setup — it broke higher near $55.00, projecting a target near $60.37, with invalidation at $53.44.
How Falling Wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
BMY win rate
57.1%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
BMY support and resistance levels
The weekly read is leaning higher. Price eased down into a floor near $55.11 about a week ago, and the rules still favor a move higher from here.
What started it: Price only had to touch that floor at some point during the week — it didn't need to close there.
What would call it off: Two weekly closes back below $54.78 — a touch below the $55.11 floor, the room the read is given before it's wrong.
Where it has room to go: There's room toward its measured target — the first price above where the move is likely to pause.
It's already come a long way in that direction.
Nearest auto-detected support sits near $53.58, resistance near $61.97. These are chart/swing-derived levels, not formula pivots.
Resistance
$61.97$63.10$81.55$83.19$100.40$121.93
Support
$53.58$53.00$51.67$43.64
BMY recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$55.37
$56.19
$55.02
$55.39
Jun 24, 2026
$56.00
$56.59
$54.78
$55.00
Jun 23, 2026
$55.39
$55.94
$54.96
$55.53
Jun 22, 2026
$54.20
$54.73
$54.00
$54.70
Jun 18, 2026
$55.20
$55.33
$53.44
$54.00
Jun 17, 2026
$55.80
$56.21
$55.01
$55.28
Jun 16, 2026
$56.41
$56.62
$55.45
$55.92
Jun 15, 2026
$56.95
$57.24
$56.01
$56.24
Jun 12, 2026
$57.45
$57.60
$56.77
$57.13
Jun 11, 2026
$55.94
$57.41
$55.74
$56.90
BMY frequently asked questions
What chart pattern is BMY forming right now?
No pattern is currently detected on BMY. The most recent was a Falling Wedge, detected Jun 23, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on BMY is a bullish pattern, projecting a measured-move target of $60.37. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for BMY?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), BMY's nearest support is around $53.58 and nearest resistance around $61.97.
What is the price target if BMY's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $60.37 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BMY's closing price on Jun 25, 2026?
Bristol-Myers Squibb (BMY) last closed at $55.39 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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