(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 2024-04-09 View latest technical analysis
10 day averaged volume of Best Buy is 2374660
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 82.55 | 80.71 | 83.32 | 80.67 | 1.42 times |
08 Mon Apr 2024 | 80.14 | 79.97 | 81.41 | 79.80 | 1.029 times |
05 Fri Apr 2024 | 79.61 | 78.88 | 79.85 | 78.80 | 0.708 times |
04 Thu Apr 2024 | 79.00 | 80.33 | 80.85 | 78.37 | 0.949 times |
03 Wed Apr 2024 | 79.31 | 80.13 | 80.50 | 79.11 | 0.869 times |
02 Tue Apr 2024 | 80.17 | 81.16 | 81.43 | 79.92 | 0.851 times |
01 Mon Apr 2024 | 81.64 | 82.10 | 82.91 | 81.61 | 0.795 times |
28 Thu Mar 2024 | 82.03 | 82.07 | 82.96 | 81.67 | 1.083 times |
27 Wed Mar 2024 | 81.87 | 80.35 | 82.69 | 80.35 | 1.645 times |
26 Tue Mar 2024 | 80.06 | 80.62 | 81.79 | 80.01 | 0.887 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 81.4, but if it comes below 81.4, then a intra day sell could be more profitable.
If you take a sell trade below 81.4, then use 81.4 as stoploss and 79.67 as target. However if you take a buy trade in stock , then use 81.4 as stoploss and 83.4 as target.
Share price targets for Best Buy (BBY)
Target Type | Value |
Downside Target | 69.66 |
Downside Target | 72.40 |
Downside Target | 74.92 |
Downside Target | 78.37 |
Downside 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 | 80.46 |
Downside Intraday Target | 78.37 |
Upside Intraday Target | 83.98 |
Upside Intraday Target | 85.41 |
Downside Intraday Target | 81.89 |
Weekly technical analysis of Best Buy (BBY)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 82.55 | 79.97 | 83.32 | 79.80 | 0.587 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 |
22 Fri Mar 2024 | 81.66 | 77.66 | 83.36 | 76.39 | 1.097 times |
15 Fri Mar 2024 | 78.02 | 78.61 | 79.28 | 76.25 | 0.958 times |
Price has moved up 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 |
09 Tue Apr 2024 | 82.55 | 82.10 | 83.32 | 78.37 | 0.206 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 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 80.85 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 rising upwards.
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 is giving positive 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 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 80.85 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 rising upwards.
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 is giving positive 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.