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 2024-12-23 View latest technical analysis

10 day averaged volume of Best Buy is 3531105

Date Daily Closing Price Open High Low Volume
23 Mon Dec 2024 85.32 85.41 86.15 84.53 0.576 times
20 Fri Dec 2024 85.55 83.82 85.94 83.46 1.361 times
19 Thu Dec 2024 85.20 86.63 87.07 84.17 0.806 times
18 Wed Dec 2024 86.01 87.78 89.44 85.99 0.95 times
17 Tue Dec 2024 87.48 87.08 87.79 85.88 0.739 times
16 Mon Dec 2024 88.56 88.99 91.54 87.90 1.39 times
13 Fri Dec 2024 87.60 88.47 89.20 87.02 0.63 times
12 Thu Dec 2024 88.40 86.90 89.10 86.76 0.798 times
11 Wed Dec 2024 87.07 87.27 88.27 86.84 0.802 times
10 Tue Dec 2024 86.71 86.84 87.55 85.99 1.502 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 86, but if it comes above 86, then a intra day buy could be more profitable.
If you take a sell trade below 86, then use 86 as stoploss and 83.7 as target. However if you take a buy trade in stock , then use 86 as stoploss and 87.88 as target.

Share price targets for Best Buy (BBY)

Target Type Value
Downside Target 78.55
Downside Target 83.46
Upside Target 87.95
Upside Target 91.18
Upside Target 91.54
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 84.52
Downside Intraday Target 83.71
Upside Intraday Target 86.14
Upside Intraday Target 86.95
Upside Intraday Target 85.33

Weekly technical analysis of Best Buy (BBY)

Date Weekly Closing Price Open High Low Volume
23 Mon Dec 2024 85.32 85.41 86.15 84.53 0.11 times
20 Fri Dec 2024 85.55 88.99 91.54 83.46 1.104 times
13 Fri Dec 2024 87.60 88.50 89.20 85.99 41.035 times
05 Thu Dec 2024 91.17 90.94 91.18 87.95 0.039 times
26 Tue Nov 2024 88.48 86.56 88.90 83.81 0.549 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 Mon Dec 2024 85.32 90.94 91.54 83.46 0.476 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 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 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.

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 red color and prices are below the red 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 positive zone. This is a BUY zone

Stock of Best Buy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.82 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 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.

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 red color and prices are below the red 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 positive zone. This is a BUY zone

Stock of Best Buy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.82 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