(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 2341380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 74.47 | 73.20 | 74.68 | 73.12 | 0.879 times |
| 02 Thu May 2024 | 72.44 | 73.08 | 73.23 | 71.73 | 0.809 times |
| 01 Wed May 2024 | 72.03 | 73.59 | 73.75 | 71.67 | 1.053 times |
| 30 Tue Apr 2024 | 73.64 | 74.57 | 75.15 | 73.40 | 1.465 times |
| 29 Mon Apr 2024 | 75.00 | 75.32 | 75.81 | 74.69 | 0.794 times |
| 26 Fri Apr 2024 | 75.05 | 75.20 | 76.15 | 75.01 | 0.908 times |
| 25 Thu Apr 2024 | 75.24 | 73.52 | 75.29 | 73.08 | 0.793 times |
| 24 Wed Apr 2024 | 74.43 | 74.60 | 74.91 | 73.54 | 1.493 times |
| 23 Tue Apr 2024 | 75.04 | 75.13 | 76.00 | 74.34 | 1.03 times |
| 22 Mon Apr 2024 | 75.12 | 76.58 | 76.80 | 74.53 | 1.07 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 73.5 as stoploss in an intra day buy trade for a target of 76.14. However, stock will show a bearish move below 73.5.
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 69.66 |
| Downside Target | 71.67 |
| Upside Target | 74.68 |
| Upside Target | 78.37 |
| Upside Target | 79.54 |
| Upside Target | 79.58 |
| Upside Target | 82.91 |
| 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 | 72.16 |
| Downside Intraday Target | 69.84 |
| Upside Intraday Target | 76.3 |
| Upside Intraday Target | 78.12 |
| Downside Intraday Target | 73.98 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 74.47 | 75.32 | 75.81 | 71.67 | 0.945 times |
| 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 |
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 |
| 03 Fri May 2024 | 74.47 | 73.59 | 74.68 | 71.67 | 0.116 times |
| 30 Tue Apr 2024 | 73.64 | 82.10 | 83.32 | 73.08 | 0.725 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 |
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 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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Best Buy in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 74.21 and Best Buy (BBY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Best Buy in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 74.21 and Best Buy (BBY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.