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

Best Buy Co., Inc. Technicals

Best Buy Co., Inc.(ALLUS_BBY)

$72.90▲0.32%

Market is closed - opens 7 PM, 02 Jun 2023

Insights

Best Buy Co., Inc. 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., Inc. 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., Inc. stock is Range bound.
Based on analysis of the Pivot Points, the current market trend for Best Buy Co., Inc. 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	49.71	Neutral
Stochastic	48.19, 23.88	Neutral
Ultimate Oscillator	49.95	Neutral
Stochastic Relative Strength Index	53.12, 26.31	Neutral
Moving Average Convergence Divergence	-0.7, -0.89	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	71.55	Sell
20	72.05	Sell
50	73.63	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	71.66	Sell
20	72.06	Sell
50	74.01	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	71.59	Neutral
20	71.91	Neutral
50	73.75	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	71.5	Buy
20	71.05	Buy
50	71.01	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	71.86	Buy
20	71.4	Buy
50	69.88	Sell

Pivot

Pivot	Value
Resistance L3	79.66
Resistance L2	77.24
Resistance L1	75.79
Pivot Point	73.36
Support L1	71.91
Support L2	69.49
Support L3	68.04

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