BEST BUY CO INC (BBY)

US0865161014 - Common Stock

87.4  +0.63 (+0.73%)

Technical Rating and Analysis

1

Taking everything into account, BBY scores 1 out of 10 in our technical rating. 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 85.31 - 94.50 range, which is quite wide. It is currently trading near the lows of this range.
BBY has an average volume of 2528900 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 compared to the yearly performance of all other stocks, BBY outperforms 63% of them, which is more or less in line with the market.
BBY is part of the Specialty Retail industry. There are 123 other stocks in this industry, BBY did better than 67% of them.
BBY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BBY is lagging the market.
Weekly and Daily overview Charts
BBY Weekly chart
BBY Daily chart
Setup Rating and Analysis

6

BBY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

Support and Resistance Analysis

70.29

101.95

3 important support areas can be observed.

  • A support zone ranging from 86.76 to 86.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @78.35 from a trend line in the weekly time frame.
  • Support @71.00 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 89.65 to 92.84. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS63.65
Mansfield-0.67
10 Day High92.97
10 Day Low85.31
20 Day High94.5
20 Day Low85.31
52 Week High103.71
52 Week Low68.12
Performance
1 Week-4.33%
2 Weeks-2.94%
1 Month-7.05%
3 Month-1.57%
6 Month21.36%
12 Month24.83%
2 Year1.72%
3 Year-18.8%
5 Year7.6%
10 Year120.17%
15 Year102.59%
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)-0.18
RSI(14)34.12
LBB86.46
UBB93.89
BBY Daily chart

BEST BUY CO INC

NYSE:BBY (11/21/2024, 12:10:09 PM)

87.4

+0.63 (+0.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.73%
1 Week-4.33%
2 Weeks-2.94%
1 Month-7.05%
3 Month-1.57%
6 Month21.36%
12 Month24.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.59
ATR(20)%2.75%
ATR Inc
Range Today1.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High92.97
10 Day Low85.31
20 Day High94.5
20 Day Low85.31
52 Week High103.71
52 Week Low68.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.12M
Volume Incr38.77%
Vol(5)3.37M
Vol(50)2.53M