(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.
10 day averaged volume of Best Buy is 2533710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 75.05 | 75.20 | 76.15 | 75.01 | 0.839 times |
| 25 Thu Apr 2024 | 75.24 | 73.52 | 75.29 | 73.08 | 0.733 times |
| 24 Wed Apr 2024 | 74.43 | 74.60 | 74.91 | 73.54 | 1.379 times |
| 23 Tue Apr 2024 | 75.04 | 75.13 | 76.00 | 74.34 | 0.952 times |
| 22 Mon Apr 2024 | 75.12 | 76.58 | 76.80 | 74.53 | 0.989 times |
| 19 Fri Apr 2024 | 76.15 | 75.91 | 76.84 | 75.91 | 0.54 times |
| 18 Thu Apr 2024 | 76.00 | 76.70 | 77.32 | 75.63 | 0.655 times |
| 17 Wed Apr 2024 | 76.23 | 75.75 | 76.69 | 75.34 | 0.911 times |
| 16 Tue Apr 2024 | 75.17 | 75.99 | 76.42 | 75.17 | 1.554 times |
| 15 Mon Apr 2024 | 76.29 | 78.85 | 79.58 | 76.05 | 1.217 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 75.3, but if it comes above 75.3, then a intra day buy could be more profitable.
If you take a sell trade below 75.3, then use 75.3 as stoploss and 72.3 as target. However if you take a buy trade in stock , then use 75.3 as stoploss and 77.75 as target.
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 69.66 |
| Downside Target | 72.40 |
| Downside Target | 74.92 |
| Upside Target | 76.80 |
| Upside Target | 79.58 |
| Upside Target | 80.01 |
| Upside Target | 82.91 |
| Upside Target | 82.96 |
| Upside Target | 83.32 |
| Upside Target | 83.36 |
| Upside Target | 86.11 |
Intraday share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Intraday Target | 73.15 |
| Downside Intraday Target | 71.26 |
| Upside Intraday Target | 76.87 |
| Upside Intraday Target | 78.7 |
| Downside Intraday Target | 74.98 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 75.05 | 76.58 | 76.80 | 73.08 | 1.003 times |
| 19 Fri Apr 2024 | 76.15 | 78.85 | 79.58 | 75.17 | 0.8 times |
| 12 Fri Apr 2024 | 78.00 | 79.97 | 83.32 | 77.01 | 1.559 times |
| 05 Fri Apr 2024 | 79.61 | 82.10 | 82.91 | 78.37 | 0.869 times |
| 28 Thu Mar 2024 | 82.03 | 81.42 | 82.96 | 80.01 | 0.543 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 |
| 26 Fri Apr 2024 | 75.05 | 82.10 | 83.32 | 73.08 | 0.656 times |
| 28 Thu Mar 2024 | 82.03 | 81.31 | 83.36 | 74.92 | 1.417 times |
| 29 Thu Feb 2024 | 80.88 | 72.85 | 86.11 | 72.40 | 0.856 times |
| 31 Wed Jan 2024 | 72.49 | 78.25 | 79.54 | 69.66 | 1.06 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 75.39 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 75.39 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.