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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 2024-11-18 View latest technical analysis

10 day averaged volume of Best Buy is 2914550

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	89.00	92.93	92.93	88.90	1.201 times
15 Fri Nov 2024	92.66	91.77	92.97	91.74	1.292 times
14 Thu Nov 2024	91.58	90.87	92.70	90.50	0.916 times
13 Wed Nov 2024	90.70	90.75	91.71	90.20	0.841 times
12 Tue Nov 2024	90.20	89.68	91.24	89.09	0.952 times
11 Mon Nov 2024	89.29	89.16	90.06	88.19	0.895 times
08 Fri Nov 2024	89.20	90.78	90.85	88.33	0.903 times
07 Thu Nov 2024	90.11	89.97	91.54	89.74	0.842 times
06 Wed Nov 2024	89.40	88.87	90.00	85.81	1.696 times
05 Tue Nov 2024	92.84	91.76	92.84	91.08	0.776 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 89.7, but if it comes above 89.7, then a intra day buy could be more profitable.
If you take a sell trade below 89.7, then use 89.7 as stoploss and 87.8 as target. However if you take a buy trade in stock , then use 89.7 as stoploss and 91.25 as target.

Share price targets for Best Buy (BBY)

Target Type	Value
Downside Target	78.55
Downside Target	80.53
Downside Target	85.81
Downside Target	88.19
Upside Target	93.97
Upside Target	94.18
Upside Target	94.83
Upside Target	96.31
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	87.62
Downside Intraday Target	86.25
Upside Intraday Target	91.65
Upside Intraday Target	94.31
Upside Intraday Target	90.28

Weekly technical analysis of Best Buy (BBY)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	89.00	92.93	92.93	88.90	0.245 times
15 Fri Nov 2024	92.66	89.16	92.97	88.19	0.959 times
08 Fri Nov 2024	89.20	91.31	94.18	85.81	1.194 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

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
18 Mon Nov 2024	89.00	90.53	94.18	85.81	0.668 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Best Buy ( (BBY) ) based on a short 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.

Price action analysis of Best Buy ( (BBY) ) based on a short to mid 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.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Best Buy in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Best Buy in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 90.42 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.