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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
$85.89
$0.16(0.19%)
U.S. Market opens in 61h 23m

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 bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.82)
Trend Strength:Moderate (ADX: 20.60)
Volatility:Medium (ATR: 2.77)
Support/Resistance:$80.56 – $90.93 (Bollinger Bands)

Technical conditions suggest Best Buy Co., Inc. on the NYSE is awaiting a decisive move. This mix signals that Best Buy Co., Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.82

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 72.17

Bullish
Buying momentum building without extremes.

Williams %R: -33.93

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.40

Bullish
Steady upward momentum.

Takeaway:Best Buy Co., Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.19

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.60

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.77

Medium
Medium volatility, healthy price movement.

CCI (14): 67.72

Bullish
Bullish, momentum building upward.

Takeaway:Best Buy Co., Inc. shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$90.93
Middle Band (SMA 20)
$85.74
Lower Band
$80.56
Current Position
Within Bands

Takeaway:Best Buy Co., Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$90.74
Middle Line (EMA 20)
$85.21
Lower Channel
$79.68
Squeeze Status
Squeeze On

Takeaway:Best Buy Co., Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume67.18M
Money Flow Index55.23Neutral, balanced money flows with no clear signal.
Relative Vigor Index65.24Bullish, price momentum strongly favors buyers.

Overall Takeaway:BBY shows bullish money flow, with volume and vigor supporting buyers.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

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

(NYSE: BBY) Technical Analysis FAQ