(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 2024-03-13 View latest technical analysis
10 day averaged volume of Best Buy is 4394430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 77.52 | 77.72 | 79.28 | 77.38 | 0.573 times |
| 12 Tue Mar 2024 | 77.34 | 76.37 | 78.98 | 76.35 | 0.643 times |
| 11 Mon Mar 2024 | 76.40 | 78.61 | 78.61 | 76.25 | 0.559 times |
| 08 Fri Mar 2024 | 78.58 | 79.89 | 80.39 | 78.29 | 0.75 times |
| 07 Thu Mar 2024 | 79.52 | 78.40 | 79.61 | 78.10 | 0.631 times |
| 06 Wed Mar 2024 | 78.21 | 75.83 | 78.99 | 74.92 | 0.961 times |
| 05 Tue Mar 2024 | 75.96 | 75.97 | 76.51 | 75.10 | 1.19 times |
| 04 Mon Mar 2024 | 77.54 | 78.49 | 79.32 | 77.40 | 1.013 times |
| 01 Fri Mar 2024 | 77.92 | 81.31 | 81.78 | 77.52 | 1.118 times |
| 29 Thu Feb 2024 | 80.88 | 83.01 | 86.11 | 80.19 | 2.053 times |
My analysis of stock is bullish for shortterm, and stock might move up till 78.9 or till 81.4. Use a stoploss of 76.85 and if this stock hits its stoploss, then it can fall down till 74.76
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 62.30 |
| Downside Target | 69.66 |
| Downside Target | 74.92 |
| Downside Target | 77.15 |
| Upside Target | 78.95 |
| Upside Target | 79.28 |
| Upside Target | 79.54 |
| Upside Target | 80.39 |
| Upside Target | 81.78 |
| Upside Target | 86.11 |
Intraday share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Intraday Target | 76.09 |
| Downside Intraday Target | 74.65 |
| Upside Intraday Target | 79.12 |
| Upside Intraday Target | 80.71 |
| Upside Intraday Target | 77.68 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 77.52 | 78.61 | 79.28 | 76.25 | 0.39 times |
| 08 Fri Mar 2024 | 78.58 | 78.49 | 80.39 | 74.92 | 0.803 times |
| 01 Fri Mar 2024 | 77.92 | 76.07 | 86.11 | 75.78 | 2.862 times |
| 23 Fri Feb 2024 | 76.28 | 73.22 | 76.96 | 72.44 | 0.754 times |
| 16 Fri Feb 2024 | 73.75 | 75.79 | 77.15 | 72.43 | 1.284 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 |
| 13 Wed Mar 2024 | 77.52 | 81.31 | 81.78 | 74.92 | 0.606 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 |
| 29 Fri Dec 2023 | 78.28 | 70.96 | 78.95 | 70.68 | 0.833 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Best Buy ( (BBY) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Best Buy ( (BBY) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Best Buy in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 78.31 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 positive
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Best Buy ( (BBY) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Best Buy ( (BBY) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Best Buy in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 78.31 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.