⚠️Uptrend Under PressureSevere risk · 99·Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY)Full briefing →Jul 28
Thursday, July 30, 2026Time not confirmed
No sourced report session or clock time
Ordinary position sizing suppressed.
Earnings are less than three full trading sessions away; treat the gap as event risk, not ordinary stop-distance risk.
Deterministic evidence
BMY+0.76%
Sector proxy · XLV+0.51%
Broad market · SPY+0.02%
Same completed session window ending 2026-07-27.
BMY was +0.25 points vs XLV.
+0.74 points vs SPY.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
AI interpretation (optional)
Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
Interpret this evidence
AI output is commentary, not scanner evidence or a sizing recommendation.
Price$62.56Jul 27 close
52W High$63.44-1.4%
52W Low$42.52
Wks Since High0w
Tight Wks1
BaseB2
SMA 50$57.57
SMA 200$55.17
Avg Vol11,931,550
RS Rank64
RS vs High-10.4%
RS Slope+7.1% ▲
Grp Rank#17/66
ADR%2.5%
ATR(14)$1.51 (2.4%)
Rel Vol (today)0.86×
Vol PaceN/A
U/D Vol1.19
A/D Days12A / 10D
A/D RatingB
VDU Bars0/10 d
Power Trend9d
Earnings
2d
$42.52
$63.4496%
BMY Chart
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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
🟡 4 of 6 legends are Watching — building, not yet a confirmed buy.
No active breakout tracked — Legend AI monitors daily for pivot-point breaks.
What's a breakout?
🕯 Latest candle: Shooting Star — Long upper shadow with a small body near the low — sellers rejected higher prices. A caution flag when price is extended above a pivot.
Separate score from the 8-point Trend Template (6/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
O'Neil D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro level
Published-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied. Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot. Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry. Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower. Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent. Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
Right side of cup nearly rebuilt (97% recovered). Watch for a shallow handle to form near ~62.89 before a breakout attempt — buying here, ahead of the handle, is premature.
Pivot Watch0.52% away
Tightness / volumeTightening · No VDU
Recent-pace band1–2 sessions
Confirms above62.89
Invalidates at58.16
Rim62.89
Cup Low53.44
Pivot62.89
Mid Cup58.16
Cup depth 15%, recovery 97%, handle=not yet
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$62.56 vs SMA150 $57.81 / SMA200 $55.17
✓
SMA 150 above SMA 200SMA150 $57.81 vs SMA200 $55.17
✓
SMA 200 trending upSlope +1.37 over 20 days
✗
SMA 50 above SMA 150 & 200SMA50 $57.57
✓
Price above SMA 50$62.56 vs SMA50 $57.57
✓
30%+ above 52W low+47.1% from $42.52
✓
Within 25% of 52W high-1.4% from $63.44
✗
RS score above 70RS 63
Fundamentals
52W Range
96%
Mkt Cap SEC
127.8B
EPS QoQ
+25%
Rev YoY
-0%
ROE
42%
Gross Margin
54%
D/E
2.44
EPS TTM
$3.46
P/E TTM
18.1x
Float
2.0B
Insider
No Buy
Company
Legend AI snapshot
Bristol-Myers Squibb Company
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