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(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 2024-11-12 View latest technical analysis

10 day averaged volume of Best Buy is 2773920

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	90.20	89.68	91.24	89.09	1 times
11 Mon Nov 2024	89.29	89.16	90.06	88.19	0.941 times
08 Fri Nov 2024	89.20	90.78	90.85	88.33	0.949 times
07 Thu Nov 2024	90.11	89.97	91.54	89.74	0.884 times
06 Wed Nov 2024	89.40	88.87	90.00	85.81	1.782 times
05 Tue Nov 2024	92.84	91.76	92.84	91.08	0.815 times
04 Mon Nov 2024	92.82	91.31	94.18	91.23	0.932 times
01 Fri Nov 2024	90.90	90.53	91.56	90.22	0.712 times
31 Thu Oct 2024	90.43	89.95	90.72	89.30	0.963 times
30 Wed Oct 2024	90.41	89.98	91.32	89.57	0.794 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 89.7 as stoploss in an intra day buy trade for a target of 92.27. However, stock will show a bearish move below 89.7.

Share price targets for Best Buy (BBY)

Target Type	Value
Downside Target	78.55
Downside Target	80.53
Downside Target	85.81
Downside Target	88.19
Upside Target	93.97
Upside Target	94.83
Upside Target	95.45
Upside Target	96.31
Upside Target	99.80
Upside Target	103.10
Upside Target	103.48
Upside Target	103.71

Intraday share price targets for Best Buy (BBY)

Target Type	Value
Downside Intraday Target	88.51
Downside Intraday Target	86.83
Upside Intraday Target	91.56
Upside Intraday Target	92.93
Downside Intraday Target	89.88

Weekly technical analysis of Best Buy (BBY)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	90.20	89.16	91.24	88.19	0.362 times
08 Fri Nov 2024	89.20	91.31	94.18	85.81	1.194 times
01 Fri Nov 2024	90.90	93.25	93.97	89.21	1.353 times
25 Fri Oct 2024	92.68	95.96	96.31	91.86	0.807 times
18 Fri Oct 2024	96.14	96.62	99.80	95.45	1.055 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
12 Tue Nov 2024	90.20	90.53	94.18	85.81	0.429 times
31 Thu Oct 2024	90.43	102.62	103.10	89.21	0.955 times
30 Mon Sep 2024	103.30	100.00	103.48	94.83	0.778 times
30 Fri Aug 2024	100.40	86.74	103.71	78.55	1.019 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 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 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 90.42 and Best Buy (BBY) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.