(BBY) Best Buy complete technical analysis [charts+indicators] | Buy/Sell Best Buy | (BBY) share price targets
Complete technical analysis of Best Buy (BBY) by charts plus indicators, forecast predictions and share price targets for Best Buy (BBY)
Best Buy trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-08-06 View latest technical analysis
10 day averaged volume of Best Buy is 2813602
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 82.00 | 80.59 | 82.45 | 79.82 | 1.021 times |
| 05 Mon Aug 2024 | 80.23 | 79.50 | 80.81 | 78.55 | 1.083 times |
| 02 Fri Aug 2024 | 82.36 | 84.00 | 84.16 | 81.89 | 1.022 times |
| 01 Thu Aug 2024 | 85.67 | 86.74 | 87.40 | 84.33 | 0.896 times |
| 31 Wed Jul 2024 | 86.52 | 85.40 | 87.32 | 84.84 | 2.01 times |
| 30 Tue Jul 2024 | 85.35 | 85.48 | 86.11 | 84.48 | 0.827 times |
| 29 Mon Jul 2024 | 85.48 | 87.42 | 87.74 | 84.77 | 1.057 times |
| 26 Fri Jul 2024 | 87.35 | 88.10 | 88.70 | 86.78 | 0.617 times |
| 25 Thu Jul 2024 | 87.35 | 87.43 | 88.49 | 87.12 | 0.648 times |
| 24 Wed Jul 2024 | 87.73 | 88.95 | 89.04 | 86.96 | 0.919 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 81.1, for a target of 83.9 or 86.22
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 69.29 |
| Downside Target | 73.08 |
| Downside Target | 78.55 |
| Downside Target | 80.53 |
| Upside Target | 86.78 |
| Upside Target | 87.40 |
| Upside Target | 87.74 |
| Upside Target | 87.99 |
| Upside Target | 89.48 |
| Upside Target | 90.57 |
| Upside Target | 93.72 |
Intraday share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Intraday Target | 79.55 |
| Downside Intraday Target | 77.1 |
| Upside Intraday Target | 83.45 |
| Upside Intraday Target | 84.9 |
| Downside Intraday Target | 81 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 82.00 | 79.50 | 82.45 | 78.55 | 0.362 times |
| 02 Fri Aug 2024 | 82.36 | 87.42 | 87.74 | 81.89 | 1.309 times |
| 26 Fri Jul 2024 | 87.35 | 89.34 | 89.48 | 86.78 | 0.801 times |
| 19 Fri Jul 2024 | 88.60 | 85.79 | 90.57 | 85.20 | 0.909 times |
| 12 Fri Jul 2024 | 86.27 | 83.02 | 87.99 | 83.02 | 3.365 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Best Buy (BBY)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 82.00 | 86.74 | 87.40 | 78.55 | 0.165 times |
| 31 Wed Jul 2024 | 86.52 | 84.32 | 90.57 | 80.53 | 0.85 times |
| 28 Fri Jun 2024 | 84.29 | 85.71 | 93.72 | 83.22 | 1.094 times |
| 31 Fri May 2024 | 84.82 | 73.59 | 84.83 | 69.29 | 1.329 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Best Buy (BBY)
Price action analysis of Best Buy ( (BBY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Best Buy ( (BBY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Best Buy ( (BBY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Best Buy ( (BBY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Best Buy stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Best Buy in short term and the sell signal is strong.
Best Buy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Best Buy in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Best Buy is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 84.9 and Best Buy (BBY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Best Buy (BBY) stock. Volume based technical analysis of Best Buy (BBY) stock is negative.
Best Buy Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Best Buy ( (BBY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Best Buy ( (BBY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Best Buy ( (BBY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Best Buy ( (BBY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Best Buy stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Best Buy in short term and the sell signal is strong.
Best Buy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Best Buy in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Best Buy is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 84.9 and Best Buy (BBY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Best Buy (BBY) stock. Volume based technical analysis of Best Buy (BBY) stock is negative.
Best Buy Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.