Bristol-Myers SquibbBMY

Bristol-Myers Squibb (BMY) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for BMY · data as of Aug 28, 2026. The chart above is live; the read below updates daily.

$66.58last close · Aug 28, 202652-week range $42.52 – $68.64 · 3% below the high

BMY falling wedge pattern

BMY is currently forming a falling wedge on the daily timeframe. Detected Aug 28, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $60.37 (+8.9%).

DirectionBullishTarget$60.37Projected move+8.9%Breakout level$55.45

New to this pattern? What a falling wedge is and how to trade it →

BMY's most recent triangle trade

BMY's most recent completed triangle resolved as a win: it broke down on Sep 8, 2026 near $65.66, then reached its target at $62.34 on Sep 18, 2026 — a 5.1% move (+1.29R) over 8 sessions. Across 174,297 backtested triangles, this setup wins 40.8% of the time.

OutcomeWinResult+5.1%R+1.29REntry$65.66Exit$62.34

Learn about triangle

BMY pattern trade history

Every completed pattern trade our nightly backtest found on BMY's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Triangle	Sep 8, 2026 @ $65.66	Sep 18, 2026 @ $62.34	Win	+5.4% · +1.29R
Rising wedge	Sep 3, 2026 @ $66.91	Sep 3, 2026 @ $68.08	Loss	+7.1% · -1.04R
Triangle	Jul 13, 2026 @ $59.36	Aug 6, 2026 @ $64.90	Win	+7.0% · +2.29R
Falling wedge	Jun 26, 2026 @ $56.97	Aug 6, 2026 @ $64.90	Win	+6.8% · +3.61R
Falling wedge	Jun 18, 2026 @ $53.67	Jun 26, 2026 @ $57.60	Loss	+6.2% · -1.00R
Rising wedge	Apr 29, 2026 @ $57.35	Apr 30, 2026 @ $60.48	Loss	+11.4% · -1.00R
Triangle	Apr 29, 2026 @ $57.38	Apr 30, 2026 @ $60.48	Loss	+7.4% · -1.00R
Rising wedge	Mar 5, 2026 @ $61.40	Mar 24, 2026 @ $56.77	Win	+7.5% · +3.10R
Rising wedge	Mar 3, 2026 @ $61.38	Mar 24, 2026 @ $56.82	Win	+7.4% · +3.02R
Rising wedge	Feb 5, 2026 @ $58.91	Feb 19, 2026 @ $59.85	Win	+5.2% · +0.27R
Rising wedge	Dec 15, 2025 @ $54.03	Feb 19, 2026 @ $59.85	Win	+8.0% · +1.62R
Rising wedge	Dec 3, 2025 @ $50.46	Dec 30, 2025 @ $54.20	Win	+10.5% · +1.67R

Falling wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Open MCD’s live chart →

TTWOTake-Two Interactive

Losing trade · −7.6%

Opened Aug 7, 2026

Closed Aug 27, 2026

Open TTWO’s live chart →

BITITrust ProShares Short Bitcoin Strategy

Winning trade · +17.3%

Opened Aug 19, 2026

Closed Aug 24, 2026

Open BITI’s live chart →

Open HLIO’s live chart →

Learn about falling wedge

BMY support and resistance levels

Price found a floor near $56.17 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $72.44 — still about 9% away.

Traders commonly watch $72.44 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $56.17 floor about 2 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

BMY recent daily prices

Date	Open	High	Low	Close
Aug 28, 2026	$66.77	$66.84	$66.19	$66.58
Aug 27, 2026	$66.59	$67.47	$66.20	$66.95
Aug 26, 2026	$67.74	$68.00	$67.32	$67.57
Aug 25, 2026	$66.42	$68.05	$66.42	$67.92
Aug 24, 2026	$67.41	$67.41	$66.45	$67.28
Aug 21, 2026	$65.79	$67.55	$65.13	$67.01
Aug 20, 2026	$67.23	$67.54	$65.45	$65.47
Aug 19, 2026	$66.80	$68.64	$66.61	$67.61
Aug 18, 2026	$65.30	$66.38	$65.00	$66.05
Aug 17, 2026	$63.60	$64.74	$63.36	$64.63

BMY frequently asked questions

What chart pattern is BMY forming right now?

As of Aug 28, 2026, TradingPal's detector identifies a falling wedge on Bristol-Myers Squibb (BMY) on the daily chart, with a measured-move target of $60.37.

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.

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 Aug 28, 2026?

Bristol-Myers Squibb (BMY) last closed at $66.58 on Aug 28, 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.