(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 2024-10-23 View latest technical analysis
10 day averaged volume of Best Buy is 2156770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 93.35 | 93.31 | 93.96 | 92.60 | 0.696 times |
| 22 Tue Oct 2024 | 93.77 | 92.80 | 93.87 | 91.86 | 0.943 times |
| 21 Mon Oct 2024 | 93.17 | 95.96 | 96.31 | 92.94 | 1.077 times |
| 18 Fri Oct 2024 | 96.14 | 96.51 | 96.77 | 95.97 | 0.865 times |
| 17 Thu Oct 2024 | 96.28 | 99.00 | 99.00 | 96.09 | 1.109 times |
| 16 Wed Oct 2024 | 98.68 | 98.24 | 99.80 | 97.86 | 1.138 times |
| 15 Tue Oct 2024 | 97.57 | 97.15 | 99.38 | 97.13 | 1.099 times |
| 14 Mon Oct 2024 | 96.91 | 96.62 | 97.05 | 95.45 | 1.076 times |
| 11 Fri Oct 2024 | 97.44 | 97.57 | 98.79 | 97.05 | 0.991 times |
| 10 Thu Oct 2024 | 97.52 | 97.89 | 98.33 | 96.73 | 0.919 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 92.2, for a target of 95.4 or 98
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 |
| Upside Target | 93.72 |
| Upside Target | 99.80 |
| Upside Target | 100.09 |
| 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 | 91.37 |
| Downside Intraday Target | 89.39 |
| Upside Intraday Target | 95.82 |
| Upside Intraday Target | 98.29 |
| Upside Intraday Target | 93.84 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 93.35 | 95.96 | 96.31 | 91.86 | 0.514 times |
| 18 Fri Oct 2024 | 96.14 | 96.62 | 99.80 | 95.45 | 1.055 times |
| 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 |
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 |
| 23 Wed Oct 2024 | 93.35 | 102.62 | 103.10 | 91.86 | 0.7 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Best Buy in short term and the sell signal is strong.
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 coming down
CCI has generated a buy signal for Best Buy in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 96.2 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Best Buy in short term and the sell signal is strong.
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 coming down
CCI has generated a buy signal for Best Buy in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 96.2 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.