(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 2024-08-20 View latest technical analysis
10 day averaged volume of Best Buy is 1998709
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 84.74 | 84.64 | 85.23 | 84.20 | 0.597 times |
| 19 Mon Aug 2024 | 85.04 | 85.02 | 85.89 | 84.30 | 0.732 times |
| 16 Fri Aug 2024 | 85.24 | 84.03 | 85.35 | 83.82 | 0.96 times |
| 15 Thu Aug 2024 | 84.06 | 85.85 | 86.35 | 83.85 | 1.151 times |
| 14 Wed Aug 2024 | 82.91 | 83.88 | 84.16 | 82.54 | 0.702 times |
| 13 Tue Aug 2024 | 83.14 | 81.78 | 83.84 | 81.75 | 1.056 times |
| 12 Mon Aug 2024 | 81.20 | 82.80 | 83.25 | 81.06 | 1.247 times |
| 09 Fri Aug 2024 | 83.73 | 82.48 | 83.79 | 81.93 | 0.84 times |
| 08 Thu Aug 2024 | 82.56 | 81.07 | 82.67 | 80.93 | 0.845 times |
| 07 Wed Aug 2024 | 80.70 | 82.93 | 83.70 | 80.62 | 1.029 times |
My analysis of stock is bullish for shortterm, and stock might move up till 86.4 or till 89. Use a stoploss of 84.17 and if this stock hits its stoploss, then it can fall down till 81.98
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 | 85.89 |
| 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 | 84 |
| Downside Intraday Target | 83.25 |
| Upside Intraday Target | 85.69 |
| Upside Intraday Target | 86.63 |
| Upside Intraday Target | 84.94 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 84.74 | 85.02 | 85.89 | 84.20 | 0.26 times |
| 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 |
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 |
| 20 Tue Aug 2024 | 84.74 | 86.74 | 87.40 | 78.55 | 0.433 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Best Buy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Best Buy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 83.18 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Best Buy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Best Buy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 83.18 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.