(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 2024-08-16 View latest technical analysis
10 day averaged volume of Best Buy is 2252830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 85.24 | 84.03 | 85.35 | 83.82 | 0.852 times |
| 15 Thu Aug 2024 | 84.06 | 85.85 | 86.35 | 83.85 | 1.021 times |
| 14 Wed Aug 2024 | 82.91 | 83.88 | 84.16 | 82.54 | 0.623 times |
| 13 Tue Aug 2024 | 83.14 | 81.78 | 83.84 | 81.75 | 0.937 times |
| 12 Mon Aug 2024 | 81.20 | 82.80 | 83.25 | 81.06 | 1.107 times |
| 09 Fri Aug 2024 | 83.73 | 82.48 | 83.79 | 81.93 | 0.746 times |
| 08 Thu Aug 2024 | 82.56 | 81.07 | 82.67 | 80.93 | 0.75 times |
| 07 Wed Aug 2024 | 80.70 | 82.93 | 83.70 | 80.62 | 0.912 times |
| 06 Tue Aug 2024 | 82.00 | 80.59 | 82.45 | 79.82 | 1.275 times |
| 05 Mon Aug 2024 | 80.23 | 79.50 | 80.81 | 78.55 | 1.353 times |
My analysis of stock is bullish for shortterm, and stock might move up till 87.2 or till 90.3. Use a stoploss of 84.57 and if this stock hits its stoploss, then it can fall down till 81.95
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 | 86.35 |
| Upside Target | 86.78 |
| Upside Target | 87.40 |
| Upside Target | 87.74 |
| 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 | 82.08 |
| Downside Intraday Target | 78.93 |
| Upside Intraday Target | 87.37 |
| Upside Intraday Target | 89.51 |
| Downside Intraday Target | 84.22 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 85.24 | 82.80 | 86.35 | 81.06 | 0.902 times |
| 09 Fri Aug 2024 | 83.73 | 79.50 | 83.79 | 78.55 | 0.694 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 |
Price has moved up 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 |
| 16 Fri Aug 2024 | 85.24 | 86.74 | 87.40 | 78.55 | 0.394 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Best Buy ( (BBY) ) based on a short 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.
Price action analysis of Best Buy ( (BBY) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Best Buy ( (BBY) ) based on a mid to longer 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.
ADX buy sell signal for Best Buy stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Best Buy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Best Buy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Best Buy in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 82.39 and Best Buy (BBY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Best Buy ( (BBY) ) based on a short 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.
Price action analysis of Best Buy ( (BBY) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Best Buy ( (BBY) ) based on a mid to longer 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.
ADX buy sell signal for Best Buy stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Best Buy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Best Buy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Best Buy in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 82.39 and Best Buy (BBY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.