(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 2780090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 75.12 | 76.58 | 76.80 | 74.53 | 0.901 times |
| 19 Fri Apr 2024 | 76.15 | 75.91 | 76.84 | 75.91 | 0.492 times |
| 18 Thu Apr 2024 | 76.00 | 76.70 | 77.32 | 75.63 | 0.597 times |
| 17 Wed Apr 2024 | 76.23 | 75.75 | 76.69 | 75.34 | 0.83 times |
| 16 Tue Apr 2024 | 75.17 | 75.99 | 76.42 | 75.17 | 1.416 times |
| 15 Mon Apr 2024 | 76.29 | 78.85 | 79.58 | 76.05 | 1.11 times |
| 12 Fri Apr 2024 | 78.00 | 79.00 | 79.15 | 77.01 | 0.975 times |
| 11 Thu Apr 2024 | 80.01 | 80.37 | 80.84 | 79.03 | 0.885 times |
| 10 Wed Apr 2024 | 79.89 | 80.92 | 82.05 | 79.76 | 1.603 times |
| 09 Tue Apr 2024 | 82.55 | 80.71 | 83.32 | 80.67 | 1.213 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 76.7, but if it comes above 76.7, then a intra day buy could be more profitable.
If you take a sell trade below 76.7, then use 76.7 as stoploss and 73.9 as target. However if you take a buy trade in stock , then use 76.7 as stoploss and 79 as target.
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 69.66 |
| Downside Target | 72.40 |
| Downside Target | 74.53 |
| 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 | 74.17 |
| Downside Intraday Target | 73.21 |
| Upside Intraday Target | 76.44 |
| Upside Intraday Target | 77.75 |
| Upside Intraday Target | 75.48 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 75.12 | 76.58 | 76.80 | 74.53 | 0.203 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 |
| 22 Mon Apr 2024 | 75.12 | 82.10 | 83.32 | 74.53 | 0.526 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 getting stronger in this stock.
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 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 77.83 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 getting stronger in this stock.
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 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 77.83 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.