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Best Buy Co., Inc.

BBY Technical Analysis Summary (NYSE)

Analyze BBY on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BBY●NYSE
Consumer CyclicalSpecialty Retail
$88.75
$1.16(1.29%)
U.S. Market opens in 10h 25m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BBY Technical Analysis Summary (NYSE)

Best Buy Co., Inc. (NYSE: BBY) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.12)
Trend Strength:Weak (ADX: 15.59)
Volatility:Medium (ATR: 3.08)
Support/Resistance:$84.55 – $96.50 (Bollinger Bands)

Technical conditions suggest Best Buy Co., Inc. on the NYSE is awaiting a decisive move. Technical conditions suggest Best Buy Co., Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.12

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.23

Bearish
Momentum remains weak below midpoint.

Williams %R: -79.82

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.81

Neutral
Price change is minimal.

Takeaway:Best Buy Co., Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.19

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.59

Weak
Weak trend, market trading sideways.

ATR (14): 3.08

Medium
Medium volatility, healthy price movement.

CCI (14): -111.11

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Best Buy Co., Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$96.50
Middle Band (SMA 20)
$90.53
Lower Band
$84.55
Current Position
Within Bands

Takeaway:Best Buy Co., Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$96.33
Middle Line (EMA 20)
$90.17
Lower Channel
$84.01
Squeeze Status
Squeeze On

Takeaway:Best Buy Co., Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume27.98M
Money Flow Index37.97Bearish, selling pressure outweighs inflows.
Relative Vigor Index43.58Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BBY shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Best Buy Co., Inc. (NYSE: BBY), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Best Buy Co., Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: BBY) Technical Analysis FAQ