Mobile app version of munafamantra.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-04 View latest technical analysis

10 day averaged volume of Best Buy is 5210089

Date Daily Closing Price Open High Low Volume
04 Wed Dec 2024 88.81 88.51 88.92 87.95 0.028 times
03 Tue Dec 2024 89.62 90.94 90.94 89.55 0.03 times
26 Tue Nov 2024 88.48 86.56 88.90 83.81 2.034 times
26 Tue Nov 2024 88.48 86.56 88.90 83.81 2.034 times
25 Mon Nov 2024 93.03 92.88 95.49 91.97 1.67 times
22 Fri Nov 2024 89.54 87.36 90.22 87.00 0.874 times
21 Thu Nov 2024 86.51 86.80 87.88 86.11 0.632 times
20 Wed Nov 2024 86.77 85.96 87.46 85.31 0.778 times
19 Tue Nov 2024 87.02 87.74 87.91 86.10 0.553 times
18 Mon Nov 2024 89.00 92.93 92.93 88.90 0.672 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 87.9 as stoploss in an intra day buy trade for a target of 89.8. However, stock will show a bearish move below 87.9.

Share price targets for Best Buy (BBY)

Target Type Value
Downside Target 78.55
Downside Target 83.81
Downside Target 87.95
Upside Target 92.93
Upside Target 92.97
Upside Target 94.83
Upside Target 95.49
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 87.53
Downside Intraday Target 86.24
Upside Intraday Target 90.52
Upside Intraday Target 92.22
Upside Intraday Target 89.23

Weekly technical analysis of Best Buy (BBY)

Date Weekly Closing Price Open High Low Volume
04 Wed Dec 2024 88.81 90.94 90.94 87.95 0.029 times
26 Tue Nov 2024 88.48 86.56 88.90 83.81 0.549 times
26 Tue Nov 2024 88.48 92.88 95.49 83.81 1.056 times
22 Fri Nov 2024 89.54 92.93 92.93 85.31 1.281 times
15 Fri Nov 2024 92.66 89.16 92.97 88.19 0.959 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 Wed Dec 2024 88.81 90.94 90.94 87.95 0.004 times
26 Tue Nov 2024 88.48 90.53 95.49 83.81 1.53 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

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 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 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 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 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 gaining momentum.

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

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 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 but selling is losing 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 89.07 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 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 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 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 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 gaining momentum.

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

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 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 but selling is losing 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 89.07 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme