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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.

10 day averaged volume of Best Buy is 2302060

Date Daily Closing Price Open High Low Volume
01 Wed May 2024 72.03 73.59 73.75 71.67 1.071 times
30 Tue Apr 2024 73.64 74.57 75.15 73.40 1.49 times
29 Mon Apr 2024 75.00 75.32 75.81 74.69 0.808 times
26 Fri Apr 2024 75.05 75.20 76.15 75.01 0.923 times
25 Thu Apr 2024 75.24 73.52 75.29 73.08 0.807 times
24 Wed Apr 2024 74.43 74.60 74.91 73.54 1.518 times
23 Tue Apr 2024 75.04 75.13 76.00 74.34 1.048 times
22 Mon Apr 2024 75.12 76.58 76.80 74.53 1.088 times
19 Fri Apr 2024 76.15 75.91 76.84 75.91 0.594 times
18 Thu Apr 2024 76.00 76.70 77.32 75.63 0.721 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 71, for a target of 74.1 or 76.73

Share price targets for Best Buy (BBY)

Target Type Value
Downside Target 69.66
Downside Target 71.67
Upside Target 77.01
Upside Target 78.37
Upside Target 79.54
Upside Target 79.58
Upside Target 82.91
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 70.53
Downside Intraday Target 69.03
Upside Intraday Target 74.67
Upside Intraday Target 77.31
Upside Intraday Target 73.17

Weekly technical analysis of Best Buy (BBY)

Date Weekly Closing Price Open High Low Volume
01 Wed May 2024 72.03 75.32 75.81 71.67 0.626 times
26 Fri Apr 2024 75.05 76.58 76.80 73.08 1.003 times
19 Fri Apr 2024 76.15 78.85 79.58 75.17 0.8 times
12 Fri Apr 2024 78.00 79.97 83.32 77.01 1.559 times
05 Fri Apr 2024 79.61 82.10 82.91 78.37 0.869 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
01 Wed May 2024 72.03 73.59 73.75 71.67 0.045 times
30 Tue Apr 2024 73.64 82.10 83.32 73.08 0.725 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

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 neutral. A longer time frame might give a better analysis.

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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 74.58 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 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 neutral. A longer time frame might give a better analysis.

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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 74.58 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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