(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 2024-11-04 View latest technical analysis
10 day averaged volume of Best Buy is 2165800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 92.82 | 91.31 | 94.18 | 91.23 | 1.194 times |
| 01 Fri Nov 2024 | 90.90 | 90.53 | 91.56 | 90.22 | 0.912 times |
| 31 Thu Oct 2024 | 90.43 | 89.95 | 90.72 | 89.30 | 1.233 times |
| 30 Wed Oct 2024 | 90.41 | 89.98 | 91.32 | 89.57 | 1.017 times |
| 29 Tue Oct 2024 | 89.97 | 90.67 | 91.19 | 89.21 | 1.574 times |
| 28 Mon Oct 2024 | 91.54 | 93.25 | 93.97 | 91.51 | 1.015 times |
| 25 Fri Oct 2024 | 92.68 | 94.12 | 94.50 | 92.16 | 0.934 times |
| 24 Thu Oct 2024 | 94.12 | 93.59 | 94.23 | 93.00 | 0.612 times |
| 23 Wed Oct 2024 | 93.35 | 93.31 | 93.96 | 92.60 | 0.693 times |
| 22 Tue Oct 2024 | 93.77 | 92.80 | 93.87 | 91.86 | 0.939 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 91.6 as stoploss in an intra day buy trade for a target of 94.53. However, stock will show a bearish move below 91.6.
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 78.55 |
| Downside Target | 80.53 |
| Downside Target | 89.21 |
| Upside Target | 93.97 |
| Upside Target | 95.45 |
| Upside Target | 96.31 |
| Upside Target | 96.73 |
| Upside Target | 99.80 |
| Upside Target | 100.09 |
| 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 | 91.31 |
| Downside Intraday Target | 89.79 |
| Upside Intraday Target | 94.26 |
| Upside Intraday Target | 95.69 |
| Downside Intraday Target | 92.74 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 92.82 | 91.31 | 94.18 | 91.23 | 0.208 times |
| 01 Fri Nov 2024 | 90.90 | 93.25 | 93.97 | 89.21 | 1.353 times |
| 25 Fri Oct 2024 | 92.68 | 95.96 | 96.31 | 91.86 | 0.807 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 |
Price has moved up 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 |
| 04 Mon Nov 2024 | 92.82 | 90.53 | 94.18 | 90.22 | 0.088 times |
| 31 Thu Oct 2024 | 90.43 | 102.62 | 103.10 | 89.21 | 0.955 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Best Buy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Best Buy in short term and BUY signal is strong.
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 91.73 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Best Buy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Best Buy in short term and BUY signal is strong.
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 91.73 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 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.