(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 2024-08-26 View latest technical analysis
10 day averaged volume of Best Buy is 1903463
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 88.89 | 88.43 | 89.67 | 87.79 | 1.922 times |
| 23 Fri Aug 2024 | 88.15 | 86.29 | 88.26 | 86.10 | 1.084 times |
| 22 Thu Aug 2024 | 85.75 | 86.39 | 86.75 | 85.30 | 1.147 times |
| 21 Wed Aug 2024 | 87.04 | 86.00 | 87.07 | 85.64 | 0.999 times |
| 20 Tue Aug 2024 | 84.74 | 84.64 | 85.23 | 84.20 | 0.627 times |
| 19 Mon Aug 2024 | 85.04 | 85.02 | 85.89 | 84.30 | 0.768 times |
| 16 Fri Aug 2024 | 85.24 | 84.03 | 85.35 | 83.82 | 1.009 times |
| 15 Thu Aug 2024 | 84.06 | 85.85 | 86.35 | 83.85 | 1.209 times |
| 14 Wed Aug 2024 | 82.91 | 83.88 | 84.16 | 82.54 | 0.737 times |
| 13 Tue Aug 2024 | 83.14 | 81.78 | 83.84 | 81.75 | 1.109 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 89.4, for a target of 86.6 or 84.26
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 69.29 |
| Downside Target | 73.08 |
| Downside Target | 78.55 |
| Downside Target | 80.53 |
| Downside Target | 86.35 |
| Downside Target | 87.74 |
| Downside Target | 87.79 |
| Downside Target | 88.26 |
| Upside Target | 89.67 |
| Upside Target | 90.57 |
| Upside Target | 93.72 |
Intraday share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Intraday Target | 87.9 |
| Downside Intraday Target | 86.9 |
| Upside Intraday Target | 89.78 |
| Upside Intraday Target | 90.66 |
| Downside Intraday Target | 88.78 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 88.89 | 88.43 | 89.67 | 87.79 | 0.415 times |
| 23 Fri Aug 2024 | 88.15 | 85.02 | 88.26 | 84.20 | 0.861 times |
| 16 Fri Aug 2024 | 85.24 | 82.80 | 86.35 | 81.06 | 0.902 times |
| 09 Fri Aug 2024 | 83.73 | 79.50 | 83.79 | 78.55 | 0.694 times |
| 02 Fri Aug 2024 | 82.36 | 87.42 | 87.74 | 81.89 | 1.309 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 |
| 26 Mon Aug 2024 | 88.89 | 86.74 | 89.67 | 78.55 | 0.576 times |
| 31 Wed Jul 2024 | 86.52 | 84.32 | 90.57 | 80.53 | 0.85 times |
| 28 Fri Jun 2024 | 84.29 | 85.71 | 93.72 | 83.22 | 1.094 times |
| 31 Fri May 2024 | 84.82 | 73.59 | 84.83 | 69.29 | 1.329 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Best Buy in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but buying is losing 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 85.86 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Best Buy in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but buying is losing 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 85.86 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.