(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 2024-11-19 View latest technical analysis
10 day averaged volume of Best Buy is 3006140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 87.02 | 87.74 | 87.91 | 86.10 | 0.958 times |
| 18 Mon Nov 2024 | 89.00 | 92.93 | 92.93 | 88.90 | 1.165 times |
| 15 Fri Nov 2024 | 92.66 | 91.77 | 92.97 | 91.74 | 1.253 times |
| 14 Thu Nov 2024 | 91.58 | 90.87 | 92.70 | 90.50 | 0.888 times |
| 13 Wed Nov 2024 | 90.70 | 90.75 | 91.71 | 90.20 | 0.816 times |
| 12 Tue Nov 2024 | 90.20 | 89.68 | 91.24 | 89.09 | 0.923 times |
| 11 Mon Nov 2024 | 89.29 | 89.16 | 90.06 | 88.19 | 0.868 times |
| 08 Fri Nov 2024 | 89.20 | 90.78 | 90.85 | 88.33 | 0.875 times |
| 07 Thu Nov 2024 | 90.11 | 89.97 | 91.54 | 89.74 | 0.816 times |
| 06 Wed Nov 2024 | 89.40 | 88.87 | 90.00 | 85.81 | 1.644 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 87.1, for a target of 89.2 or 90.91
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 78.55 |
| Downside Target | 80.53 |
| Downside Target | 85.81 |
| Upside Target | 88.19 |
| Upside Target | 93.97 |
| Upside Target | 94.18 |
| Upside Target | 94.83 |
| Upside Target | 96.31 |
| 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 | 84.44 |
| Downside Intraday Target | 81.85 |
| Upside Intraday Target | 91.27 |
| Upside Intraday Target | 95.51 |
| Upside Intraday Target | 88.68 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 87.02 | 92.93 | 92.93 | 86.10 | 0.447 times |
| 15 Fri Nov 2024 | 92.66 | 89.16 | 92.97 | 88.19 | 0.959 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 |
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 |
| 19 Tue Nov 2024 | 87.02 | 90.53 | 94.18 | 85.81 | 0.724 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 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 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 to mid 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 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 gaining momentum.
MACD generated a SELL signal for Best Buy in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Best Buy in short term and SELL 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 89.93 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 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 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 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 to mid 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 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 gaining momentum.
MACD generated a SELL signal for Best Buy in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Best Buy in short term and SELL 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 89.93 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.