(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 2024-10-11 View latest technical analysis
10 day averaged volume of Best Buy is 2545080
Date | Daily Closing Price | Open | High | Low | Volume |
11 Fri Oct 2024 | 97.44 | 97.57 | 98.79 | 97.05 | 0.84 times |
10 Thu Oct 2024 | 97.52 | 97.89 | 98.33 | 96.73 | 0.778 times |
09 Wed Oct 2024 | 98.64 | 98.20 | 98.72 | 97.57 | 0.664 times |
08 Tue Oct 2024 | 98.33 | 97.72 | 98.81 | 97.59 | 0.781 times |
07 Mon Oct 2024 | 97.82 | 99.81 | 100.09 | 96.85 | 1.184 times |
04 Fri Oct 2024 | 99.61 | 99.21 | 101.04 | 98.66 | 0.853 times |
03 Thu Oct 2024 | 98.19 | 98.91 | 99.26 | 96.60 | 1.418 times |
02 Wed Oct 2024 | 99.71 | 100.62 | 101.42 | 99.32 | 0.7 times |
01 Tue Oct 2024 | 101.35 | 102.62 | 103.10 | 100.30 | 0.933 times |
30 Mon Sep 2024 | 103.30 | 102.56 | 103.48 | 102.24 | 1.103 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 97.5, but if it comes above 97.5, then a intra day buy could be more profitable.
If you take a sell trade below 97.5, then use 97.5 as stoploss and 95.6 as target. However if you take a buy trade in stock , then use 97.5 as stoploss and 99.1 as target.
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 | 96.08 |
Downside Intraday Target | 94.73 |
Upside Intraday Target | 99.44 |
Upside Intraday Target | 101.45 |
Upside Intraday Target | 98.09 |
Weekly technical analysis of Best Buy (BBY)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Fri Oct 2024 | 97.44 | 99.81 | 100.09 | 96.73 | 0.848 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 |
11 Fri Oct 2024 | 97.44 | 102.62 | 103.10 | 96.60 | 0.382 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 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 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 99.24 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 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 99.24 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.