US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

12 hoursBullish83%
12h Upside probability 83%Bullish

BBY 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $79 and reclaim $91.23.

Invalidation Trigger

Lose $79 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateRange
Momentum mixed

RSI 49.4, MACD 0.042

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.05 (2.39%)

12h

EMA Structure

Bullish
EMA 8$86.39Bearish
EMA 21$85.9Bearish
EMA 50$84.36Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.4 · MACD 0.042

Neutral zone

Strength
Range
Volatility
ATR $2.05 · BB 10.99%

Medium volatility

Strength
Range
Volume
MFI 62.7 · OBV 1.08%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$79 - $91.23

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.11% · 3.8 ATR above latest close

$93.28
Nearest resistance

+6.72% · 2.8 ATR above · 34-bar high

$91.23
Current price

Price shown is delayed

$85.48
Nearest support

-7.59% · 3.2 ATR below · 34-bar low

$79
Deeper support zone

-9.98% · 4.2 ATR below latest close

$76.95
ATR zone

Latest close ± ATR14

$83.44 - $87.53

Indicators

Trend

Dow Theory Structure

Confirmation $90.13, invalidation $85.29

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

28.8 / 44.2 / 23.0Bullish
Supertrend (10,3)

Price is above Supertrend

$80.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.12 / $85.12Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

Medium volatility

$2.05 (2.39%)Range
Bollinger Bands (20,2)

Width 10.99%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$90.09 / $81.77Range
ATR channel lower / upper

Current Volatility Envelope

$83.44 / $87.53Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.23Range
Support

Nearest Downside Decision Level

$79Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is positive

0.042Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.7 / 46.4Bearish
Williams %R (14)

Neutral zone

-59.3Range
CCI (20)

Balanced zone

41.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.7Bullish
OBV slope

20-period OBV slope

1.08%Bullish
Volume ratio

Relative to 20-period average volume

1.43xBullish

Trend

Dow Theory Structure

Confirmation $90.13, invalidation $85.29

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

28.8 / 44.2 / 23.0Bullish
Supertrend (10,3)

Price is above Supertrend

$80.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.12 / $85.12Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is positive

0.042Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.7 / 46.4Bearish
Williams %R (14)

Neutral zone

-59.3Range
CCI (20)

Balanced zone

41.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$2.05 (2.39%)Range
Bollinger Bands (20,2)

Width 10.99%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$90.09 / $81.77Range
ATR channel lower / upper

Current Volatility Envelope

$83.44 / $87.53Range

Volume / Money Flow

MFI (14)

Money flow is strong

62.7Bullish
OBV slope

20-period OBV slope

1.08%Bullish
Volume ratio

Relative to 20-period average volume

1.43xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.23Range
Support

Nearest Downside Decision Level

$79Range

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