(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 2149940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 74.17 | 74.39 | 74.45 | 73.72 | 0.658 times |
| 09 Thu May 2024 | 74.16 | 73.06 | 74.20 | 73.06 | 0.597 times |
| 08 Wed May 2024 | 73.23 | 72.26 | 73.87 | 71.81 | 0.791 times |
| 07 Tue May 2024 | 73.06 | 74.47 | 75.43 | 72.90 | 1.216 times |
| 06 Mon May 2024 | 74.40 | 74.83 | 75.19 | 74.22 | 0.961 times |
| 03 Fri May 2024 | 74.47 | 73.20 | 74.68 | 73.12 | 0.957 times |
| 02 Thu May 2024 | 72.44 | 73.08 | 73.23 | 71.73 | 0.881 times |
| 01 Wed May 2024 | 72.03 | 73.59 | 73.75 | 71.67 | 1.147 times |
| 30 Tue Apr 2024 | 73.64 | 74.57 | 75.15 | 73.40 | 1.596 times |
| 29 Mon Apr 2024 | 75.00 | 75.32 | 75.81 | 74.69 | 0.865 times |
My analysis of stock is bearish for shortterm, and stock might move down till 73.4 or till 72. Use a stoploss of 74.57 and if the stock hits stoploss, then it can shoot up till 75.76
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 69.66 |
| Downside Target | 71.67 |
| Upside Target | 74.92 |
| Upside Target | 76.80 |
| Upside Target | 77.01 |
| Upside Target | 79.54 |
| Upside Target | 79.58 |
| 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 | 72.18 |
| Downside Intraday Target | 70.18 |
| Upside Intraday Target | 75.8 |
| Upside Intraday Target | 77.42 |
| Downside Intraday Target | 73.8 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 74.17 | 74.83 | 75.43 | 71.81 | 0.775 times |
| 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 |
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 |
| 10 Fri May 2024 | 74.17 | 73.59 | 75.43 | 71.67 | 0.28 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 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 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 Strong and stock is losing 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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 73.58 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 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 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 Strong and stock is losing 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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 73.58 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.