Best Buy Co., Inc. (BBY) Technical Analysis

$85.80▲-0.06%

Market is closed - opens 8 PM, 02 Jan 2025

Insights

Best Buy Co. is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Best Buy Co. stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Best Buy Co. stock is in a downtrend↘️
Based on analysis of the Pivot Points, the current market trend for Best Buy Co. stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	43.22	Neutral
Stochastic	29.05, 38.44	Neutral
Ultimate Oscillator	45.36	Neutral
Stochastic Relative Strength Index	44.51, 64.42	Neutral
Moving Average Convergence Divergence	-0.92, -1.0	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	86.55	Sell
20	87.43	Sell
50	89.34	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	86.84	Sell
20	87.45	Sell
50	89.2	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	86.41	Neutral
20	87.68	Neutral
50	89.23	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	86.37	Buy
20	86.16	Sell
50	87.49	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	86.46	Buy
20	86.33	Buy
50	85.31	Sell

Pivot

Pivot	Value
Resistance L3	88.69
Resistance L2	88.04
Resistance L1	86.95
Pivot Point	86.3
Support L1	85.21
Support L2	84.56
Support L3	83.47

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.