(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 2024-11-26 View latest technical analysis
10 day averaged volume of Best Buy is 4646940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 88.48 | 86.56 | 88.90 | 83.81 | 2.281 times |
| 26 Tue Nov 2024 | 88.48 | 86.56 | 88.90 | 83.81 | 2.281 times |
| 25 Mon Nov 2024 | 93.03 | 92.88 | 95.49 | 91.97 | 1.873 times |
| 22 Fri Nov 2024 | 89.54 | 87.36 | 90.22 | 87.00 | 0.98 times |
| 21 Thu Nov 2024 | 86.51 | 86.80 | 87.88 | 86.11 | 0.709 times |
| 20 Wed Nov 2024 | 86.77 | 85.96 | 87.46 | 85.31 | 0.872 times |
| 19 Tue Nov 2024 | 87.02 | 87.74 | 87.91 | 86.10 | 0.62 times |
| 18 Mon Nov 2024 | 89.00 | 92.93 | 92.93 | 88.90 | 0.753 times |
| 15 Fri Nov 2024 | 92.66 | 91.77 | 92.97 | 91.74 | 0.811 times |
| 14 Thu Nov 2024 | 91.58 | 90.87 | 92.70 | 90.50 | 0.575 times |
Stock of Best Buy (BBY) has showed a significant fall. This could be a good time to exit from this stock.
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 88 as stoploss in an intra day buy trade for a target of 89.95. However, stock will show a bearish move below 88.
Share price targets for Best Buy (BBY)
| Target Type | Value |
| Downside Target | 78.55 |
| Downside Target | 80.53 |
| Downside Target | 83.81 |
| Downside Target | 88.19 |
| Upside Target | 92.93 |
| Upside Target | 94.18 |
| Upside Target | 94.83 |
| Upside Target | 95.49 |
| 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 | 85.23 |
| Downside Intraday Target | 81.97 |
| Upside Intraday Target | 90.32 |
| Upside Intraday Target | 92.15 |
| Downside Intraday Target | 87.06 |
Weekly technical analysis of Best Buy (BBY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 88.48 | 86.56 | 88.90 | 83.81 | 0.549 times |
| 26 Tue Nov 2024 | 88.48 | 92.88 | 95.49 | 83.81 | 1.056 times |
| 22 Fri Nov 2024 | 89.54 | 92.93 | 92.93 | 85.31 | 1.281 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 |
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 |
| 26 Tue Nov 2024 | 88.48 | 90.53 | 95.49 | 83.81 | 1.53 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, and volume has increased substantially. This means that the move can 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 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 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 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 BUY signal for Best Buy in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
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
RSI is generating a SELL signal in short term but selling is losing 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 89.44 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 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 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 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 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 BUY signal for Best Buy in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
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
RSI is generating a SELL signal in short term but selling is losing 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 89.44 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.