BEST BUY CO INC (BBY)

US0865161014 - Common Stock

85.55  +0.35 (+0.41%)

After market: 85.55 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to BBY. BBY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month BBY has a been trading in the 83.45 - 95.49 range, which is quite wide. It is currently trading near the lows of this range.
BBY has an average volume of 3246960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, BBY turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
BBY is an average performer in the Specialty Retail industry, it outperforms 55% of 121 stocks in the same industry.
BBY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BBY is lagging the market slightly.
Weekly and Daily overview Charts
BBY Weekly chart
BBY Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, BBY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 85.54, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

70.29

101.95

We found 3 important support areas.

  • A support zone ranging from 85.20 to 85.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @79.41 from a trend line in the weekly time frame.
  • Support @71.00 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 86.99 to 88.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 92.66 to 93.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @100.94 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.29
Mansfield-0.75
10 Day High91.54
10 Day Low83.45
20 Day High95.49
20 Day Low83.45
52 Week High103.71
52 Week Low69.29
Performance
1 Week-2.34%
2 Weeks-2.97%
1 Month-1.11%
3 Month-12.08%
6 Month-5.37%
12 Month12.36%
2 Year6.66%
3 Year-15.8%
5 Year-2.56%
10 Year119.47%
15 Year116.8%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)40.07
LBB84.71
UBB90.62
BBY Daily chart

BEST BUY CO INC

NYSE:BBY (12/20/2024, 8:04:00 PM)

After market: 85.55 0 (0%)

85.55

+0.35 (+0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.41%
1 Week-2.34%
2 Weeks-2.97%
1 Month-1.11%
3 Month-12.08%
6 Month-5.37%
12 Month12.36%
2 Year6.66%
3 Year-15.8%
5 Year-2.56%
10 Year119.47%
15 Year116.8%
Volatility
ATR(14)2.45
ATR(20)%3.62%
ATR Inc8.16%
Range Today2.49
ADR(20)2.64
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.29
Mansfield-0.75
10 Day High91.54
10 Day Low83.45
20 Day High95.49
20 Day Low83.45
52 Week High103.71
52 Week Low69.29
CS1 End85.54
CR1 Start86.99
Volume & EV
DER(3)0.82%
DER(5)0.61%
Volume5.21M
Volume Incr-7.96%
Vol(5)3.81M
Vol(50)3.25M