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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.

BBYNYSE
Consumer CyclicalSpecialty Retail
$85.29
$2.19(2.50%)
U.S. Market opens in 10h 50m

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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 Bullish (RSI: 51.09)
Trend Strength:Weak (ADX: 19.03)
Volatility:Medium (ATR: 2.81)
Support/Resistance:$80.67 – $90.24 (Bollinger Bands)

Technical conditions suggest Best Buy Co., Inc. on the NYSE is awaiting a decisive move. Overall, Best Buy Co., Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 51.09

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 63.80

Bullish
Buying momentum building without extremes.

Williams %R: -45.12

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.80

Neutral
Price change is minimal.

Takeaway:Best Buy Co., Inc. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 1.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.03

Weak
Weak trend, market trading sideways.

ATR (14): 2.81

Medium
Medium volatility, healthy price movement.

CCI (14): 24.96

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$90.24
Middle Band (SMA 20)
$85.45
Lower Band
$80.67
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$90.99
Middle Line (EMA 20)
$85.36
Lower Channel
$79.74
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume57.45M
Money Flow Index55.15Neutral, balanced money flows with no clear signal.
Relative Vigor Index62.13Bullish, 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.

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