(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 2024-10-08 View latest technical analysis
10 day averaged volume of Best Buy is 2682510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 98.33 | 97.72 | 98.81 | 97.59 | 0.741 times |
| 07 Mon Oct 2024 | 97.82 | 99.81 | 100.09 | 96.85 | 1.123 times |
| 04 Fri Oct 2024 | 99.61 | 99.21 | 101.04 | 98.66 | 0.81 times |
| 03 Thu Oct 2024 | 98.19 | 98.91 | 99.26 | 96.60 | 1.345 times |
| 02 Wed Oct 2024 | 99.71 | 100.62 | 101.42 | 99.32 | 0.665 times |
| 01 Tue Oct 2024 | 101.35 | 102.62 | 103.10 | 100.30 | 0.886 times |
| 30 Mon Sep 2024 | 103.30 | 102.56 | 103.48 | 102.24 | 1.047 times |
| 27 Fri Sep 2024 | 102.26 | 101.41 | 102.66 | 100.81 | 1.504 times |
| 26 Thu Sep 2024 | 100.00 | 98.56 | 100.18 | 98.24 | 1.059 times |
| 25 Wed Sep 2024 | 97.84 | 98.80 | 98.81 | 97.57 | 0.8 times |
My analysis of stock is bearish for shortterm, and stock might move down till 97.5 or till 95.7. Use a stoploss of 99.11 and if the stock hits stoploss, then it can shoot up till 100.67
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 78.55 |
| Downside Target | 80.53 |
| Downside Target | 83.22 |
| Downside Target | 90.57 |
| Downside Target | 93.72 |
| Upside Target | 99.46 |
| Upside Target | 100.09 |
| Upside Target | 100.94 |
| Upside Target | 102.66 |
| Upside Target | 103.10 |
| Upside Target | 103.48 |
| Upside Target | 103.71 |
Intraday share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Intraday Target | 96.76 |
| Downside Intraday Target | 95.18 |
| Upside Intraday Target | 100 |
| Upside Intraday Target | 101.66 |
| Upside Intraday Target | 98.42 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 98.33 | 99.81 | 100.09 | 96.85 | 0.392 times |
| 04 Fri Oct 2024 | 99.61 | 102.56 | 103.48 | 96.60 | 0.969 times |
| 27 Fri Sep 2024 | 102.26 | 97.87 | 102.66 | 96.70 | 0.996 times |
| 20 Fri Sep 2024 | 97.30 | 98.75 | 100.94 | 96.77 | 0.951 times |
| 13 Fri Sep 2024 | 98.45 | 98.78 | 99.46 | 94.83 | 1.236 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 |
| 08 Tue Oct 2024 | 98.33 | 102.62 | 103.10 | 96.60 | 0.275 times |
| 30 Mon Sep 2024 | 103.30 | 100.00 | 103.48 | 94.83 | 0.778 times |
| 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Best Buy in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Best Buy in short term and SELL signal is strong!
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 99.97 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Best Buy in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Best Buy in short term and SELL signal is strong!
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 99.97 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.