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(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 2024-08-30 View latest technical analysis

10 day averaged volume of Best Buy is 3724103

Date Daily Closing Price Open High Low Volume
30 Fri Aug 2024 100.40 100.77 102.10 98.86 1.491 times
30 Fri Aug 2024 100.40 100.77 102.10 98.86 1.491 times
29 Thu Aug 2024 100.18 102.65 103.71 97.65 3.247 times
28 Wed Aug 2024 87.79 87.58 88.86 87.32 1.153 times
27 Tue Aug 2024 88.88 88.07 89.47 87.72 0.762 times
26 Mon Aug 2024 88.89 88.43 89.67 87.79 0.982 times
23 Fri Aug 2024 88.15 86.29 88.26 86.10 0.554 times
22 Thu Aug 2024 85.75 86.39 86.75 85.30 0.587 times
21 Wed Aug 2024 87.04 86.00 87.07 85.64 0.511 times
20 Tue Aug 2024 84.74 84.64 85.23 84.20 0.32 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 100.4, for a target of 93.2 or 87.14

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
Downside Target 83.22
Downside Target 88.26
Downside Target 90.57
Downside Target 93.72
Downside Target 98.86
Upside Target 102.10
Upside Target 103.71

Intraday share price targets for Best Buy (BBY)

Target Type Value
Downside Intraday Target 98.81
Downside Intraday Target 97.21
Upside Intraday Target 102.05
Upside Intraday Target 103.69
Upside Intraday Target 100.45

Weekly technical analysis of Best Buy (BBY)

Date Weekly Closing Price Open High Low Volume
30 Fri Aug 2024 100.40 100.77 102.10 98.86 0.195 times
30 Fri Aug 2024 100.40 88.43 103.71 87.32 3.229 times
23 Fri Aug 2024 88.15 85.02 88.26 84.20 0.861 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

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
30 Fri Aug 2024 100.40 86.74 103.71 78.55 1.019 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 up 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Best Buy in short term and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Best Buy in short term

RSI is generating a BUY signal in short term but buying is losing 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 94.76 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Best Buy in short term and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Best Buy in short term

RSI is generating a BUY signal in short term but buying is losing 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 94.76 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.

Daily charts

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