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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 2024-10-11 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.

Daily charts

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Daily chart
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