Stand aside — setup invalidated
Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
BMY · Bristol-Myers Squibb Company
$61.61 +0.21% Oct 26 close
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$BMY
Bristol-Myers Squibb CompanyBristol-Myers Squibb Company is a large-cap Pharmaceuticals: Major company in the Health Technology sector with a market cap of $126B.
Market Structure
Trend structure: downtrend
Latest event: bos
(bearish)
Support
60.25–60.80
· 5 touches · strong
Support
56.78–57.22
· 4 touches · moderate
Resistance
62.05–62.29
· 4 touches · moderate
Support
54.80–55.04
· 3 touches · moderate
Support
57.60–57.81
· 3 touches · moderate
Historical verdict · setup score 55/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 1.5 Price > 50-day MA — Price $61.61 vs MA50 $63.15
- Minervini 1.8 RS rank ≥ 70 (prefer ≥ 85) — RS rank 61
- O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 61
- O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
- Weinstein Stage 2 (Advancing phase) confirmed — Stage 3 (Topping)
- Weinstein Volume expansion above average — Volume ratio 0.70x
Minority view — the council disagrees here
- Minervini: avoid Trend-template read: fails Price > 50-day MA.
- O'Neil: avoid CANSLIM read: fails L: RS rank ≥ 80 (IBD leadership).
- Weinstein: avoid Stage-analysis read: topping (Stage 3) is not an advancing Stage 2.
50
Neutral
Legend Score · rates the stock
Neutral (50/100) — held back by eps growth
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 61
- Trend Template (25%) 75
- Institutional Footprint (20%) 35
- EPS Growth (15%) 30
- Quality (SMR-like) (15%) 33
RS rank 61: above-average strength. Trend template 6/8: passes the uptrend screen, structure intact. Institutional score 35: mild distribution — sellers active. EPS up +0% — growing, but below the 25% leadership bar. Quality 33: weak fundamentals (sales growth 30, return on equity 42, leverage 20). Updated 2026-10-22.
Earnings
Pre-earnings setup
Next earnings
Thursday, October 29, 2026
Before market open
Exact clock time not supplied by source
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+0.21%
Sector proxy · XLV+0.00%
Broad market · SPY+0.71%
CatalystPending
Stock reactionPositive
Sector reactionWeak
Opening surgePending
Event riskEarnings-driven
Session internals Mixed
Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.
Vs prior close+0.21%
From the open+0.36%
Range position52%
GapNo gap
QQQ confirmationConfirming (+1.11%)
SMH confirmationConfirming (+2.74%)
Short-term conviction -1 points.
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.
- A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$42.52
Tight Wks
0
1 today
Base
B2
SMA 200
$59.84
RS Line vs High
-16.4%
RS Line Slope
-1.4% ▼
Group Rank
#12/66
ADR%
2.8%
ATR(14)
$1.97 (3.2%)
Vol Pace (live)
N/A
A/D Days
14A / 12D
A/D Rating
B
VDU Bars
0/10 d
Earnings
in 2d
BMY Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$BMY · $61.61 · as of 2026-10-26 · multi-factor read
56
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▬ Sideways / consolidating
Weekly
▬ Sideways / consolidating
Monthly
▬ Sideways / consolidating
Moving Averages
50-day$63.15 ↓
100-day$61.37 ↑
200-day$59.84 ↑
Bullish (50 > 200)
RSI (14)
Reading51.5 · Neutral
Neutral — momentum is balanced between buyers and sellers.
MACD (12/26/9)
StateImproving
Histogram+0.468
Improving — MACD crossed above its signal line but still below zero. Histogram contracting.
Bollinger Bands (20,2)
%B / Width69% · 11.3%
Mid-band — no directional band edge in play.
Volume · Buyer vs Seller
Up/Down vol0.64 · Distribution
Rel volume0.7×
Pocket pivots · 10d0
5d vs 50d vol97%
Heavy vol up / down0 / 2
Distribution — volume is concentrated on down days; sellers dominate. Recent volume is expanding versus its baseline.
- 2 heavy-volume down days vs 0 up in the last 20 sessions — supply is showing.
Support & Resistance
R · $62.23swing level
R · $64.13swing level
R · $68.4152-week high
Price · $61.61now
S · $60.59swing level
S · $57.22swing level
S · $56.47swing level
Fibonacci · Uptrend swing
23.6%$65.05
38.2%$62.83
50.0% ◄ price here$61.04
61.8%$59.25
78.6%$56.69
Retracement support zones measured from the recent swing low up to the high.
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Above 200-day MA50/200 bullishVolume distribution
Want this read in a legend's voice?
Ask a Legend about BMY
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 Verdicts
6 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.
How to read the numbers: the setup score (55/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
5 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Avoid
C
Trend-template read: fails Price > 50-day MA.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $61.61, MA150 $60.27, MA200 $59.84
1.2 150-day MA > 200-day MAMA150 $60.27 vs MA200 $59.84
Failing evidence
1.5 Price > 50-day MAPrice $61.61 vs MA50 $63.15
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 61
O'Neil
Avoid
D
CANSLIM read: fails L: RS rank ≥ 80 (IBD leadership).
Passing evidence
C: Quarterly EPS acceleration ≥ 25%+25.4% QoQ
A: Annual earnings & revenue qualityRev -0.2% | ROE 41.6%
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 61
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
Weinstein
Avoid
C
Stage-analysis read: topping (Stage 3) is not an advancing Stage 2.
Passing evidence
Price above 30-week MA (200-day proxy)Price $61.61 vs MA200 $59.84
30-week MA trending upwardFrom weekly scan context
Failing evidence
Stage 2 (Advancing phase) confirmedStage 3 (Topping)
Volume expansion above averageVolume ratio 0.70x
dennis
Watch
C
Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $56.15
Volatility-unit sizing (1N ≈ 1% of equity)1N = $1.72 (2.79% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Avoid
C
Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Not extended (≤5% above the breakout point)Measured as passing
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $70.85-$73.93; trail the rest
Failing evidence
Named Zanger pattern onlyRecord Volume is not one of Zanger's six
Breakout volume 1.5-2.0x averageData unavailable
zweig
Watch
D
Zweig read: part of his screen passes but not all: Insider buying; Price strength (RS ≥ 70) — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
EPS growth above the market (≥15% QoQ)+25.4% QoQ — Zweig wants growth above the S&P average
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 17.8x — no PEG or forward P/E stored
Failing evidence
Insider buyingNo insider buying flagged
Price strength (RS ≥ 70)RS score 61 — Zweig buys strength, not bargains
Livermore
Watch
B
Pivotal-point read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$61.61
Distance from 52-week high10.2% below high
Failing evidence
Relative strengthRS 61
Volume vs average0.70x
Darvas
Watch
B
Box-theory read: constructive evidence is present, but relative strength is unresolved.
partialConsolidating within the box (11.0% from 52W high) — patience until it approaches the prior high.
Passing evidence
Price$61.61
Distance from 52-week high10.2% below high
Failing evidence
Relative strengthRS 61
Volume vs average0.70x
Wyckoff
Watch
B
Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.
mediumSign of Strength — breakout above trading range on expanding volume. Accumulation phase complete, markup beginning. RS 61.
Passing evidence
Price$61.61
Distance from 52-week high10.2% below high
Failing evidence
Relative strengthRS 61
Volume vs average0.70x
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▼ Falling
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net +1
Fundamentals & leadership quality — Minervini’s published criteria · 5/7 met
B
5/7 criteria
Separate score from the Minervini 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.
EPS acceleration ≥25% QoQ
+25%
Revenue growth ≥20% YoY
-0%
Gross margin ≥30%
54%
ROE ≥17%
42%
RS rating ≥80 (leadership)
61
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-10.2%
Method Playbook
Trade it like Zanger
EXACT LEVELS · PRO
Zanger C · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro levelPublished-method rule: Use the breakout point of a named pattern (flat base, bull flag, ascending triangle, cup and handle, double bottom, symmetrical triangle).
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Buy the breakout day on 150-200% of average volume. Never pay more than 5% above the breakout point.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Set the stop 2-3% below entry and sell on bad price action before it is even hit.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Sell 20-30% of the position at +15-20% from the breakout, then trail the rest on the 10/20-day moving average.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Out on a break of the 10/20-day MA, a failed breakout back below the pivot, or a reversal pattern — winners are held, laggards are sold fast.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis (historical)
55
setup score
RS Score
61
Trend template
6/8
CANSLIM
66.5* (B)
cadence: daily
lookback bars: 260
detector version: record_volume/2026-09-27
record bar ago: 7
record volume: 22566452
volume multiple: 2.01
volume ratio: 2.009
rare tier: ✗
bars since bigger: 16
since date: 2026-09-18
callout text: Highest daily volume since 2026-09-18
up day: ✗
absorbed: ✓
low held: ✗
day gain pct: -4.27
depth pct: 4.27
day range pct: 6.98
geometry: {'record_bar': {'bar': 252, 'bars_ago': 7, 'price': 57.58, 'date': '2026-10-12'}, 'record_volume': 22566452, 'callout_text': 'Highest daily volume since 2026-09-18', 'arrow_target': {'bar': 252, 'bars_ago': 7, 'price': 57.58, 'date': '2026-10-12'}}
confidence kind: heuristic_match
findings: ['Highest daily volume since 2026-09-18: 22,566,452 shares (2.0x the trailing average)', 'Price action constructive — down day fully absorbed since (record bar $60.15 -> $57.58, now $61.12)']
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly: MA stabilizing or rising — accumulation context supported
Why This Setup?
D+W Confluence
Record Volume · schematic
Highest daily volume since 2026-09-18 — 22,566,452 shares (2.0x average), 7 bars ago, and price action is constructive (down day fully absorbed since). Big volume with holding prices means institutions are involved. Research/educational only, not a buy/sell recommendation. | Moderate trend (6/8) | Good RS (61) | Moderate pattern (68%) | Readiness 62/100 (early) | CANSLIM 66.5 (B) | ⚠ Weinstein Stage 3 (topping); Not actionable yet
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
2/7
universals met
- A relative-strength leader — not met RS rank 22 — laggard
- Clear of earnings — not met in 2 days — event risk
- Asymmetric reward — partly met Partly met — levels are a Pro detail
- Not chasing (in range) — partly met Partly met — levels are a Pro detail
- Volume confirms — partly met 0.8× average — light
- In a confirmed uptrend — met Stage 2 · Trend template 6/8
- Risk is defined — met Met — levels are a Pro detail
Minervini Trend Template
6/8Grades 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
$61.61 vs SMA150 $60.27 / SMA200 $59.84
SMA 150 above SMA 200
SMA150 $60.27 vs SMA200 $59.84
SMA 200 trending up
Slope +0.64 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $63.15
Price above SMA 50
$61.61 vs SMA50 $63.15
30%+ above 52-week low
+44.9% from $42.52
Within 25% of 52-week high
-10.2% from $68.64
RS score above 70
RS 61
Fundamentals
52W Range
73%
Mkt Cap SEC
125.9B
EPS QoQ
+25%
Rev YoY
-0%
ROE
42%
Gross Margin
54%
D/E
2.44
EPS TTM
$3.46
P/E TTM
17.8x
Float
2.0B
Insider
No Buy
Company
Company profile
Bristol-Myers Squibb Company
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
66.5* CANSLIM
* disqualified on M
C · Curr. EPS
93
A · Annual EPS
84
N · New Highs
40
S · Supply/Demand
55
L · Leader RS
61
I · Inst. Spons.
96
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
5/8
W. RS
58
W. Support
$53.44
W. Resist
$68.64
W. Patterns
Cup & Handle
Weekly Structure
Trend
Neutral
Tight Weeks
1
Confirmation
Neutral
Scan History
Oct 22
Record Volume
55
Sep 16
Wyckoff SOS
✓ Gate
55
-3.1%
Aug 11
Trend Only
✓ Gate
79
-3.1%
Aug 10
Trend Only
✓ Gate
80
-5.0%
Aug 10
Trend Only
✓ Gate
79
-5.0%
Latest News
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