US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

12 hoursBearish61%
12h Downside probability 61%Bearish

BBY 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $89.97 and stabilize above resistance $96.46.

Invalidation Trigger

Break above $96.46 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 41.8, MACD -0.663

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.06 (2.34%)

12h

EMA Structure

Range
EMA 8$88.84Bearish
EMA 21$89.97Bearish
EMA 50$89.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.8 · MACD -0.663

Momentum is weak

Strength
Bearish
Volatility
ATR $2.06 · BB 10.65%

Medium volatility

Strength
Range
Volume
MFI 39.8 · OBV -4.48%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$86.1 - $96.46

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.99% · 5.1 ATR above latest close

$98.52
Nearest resistance

+9.65% · 4.1 ATR above · 34-bar high

$96.46
Current price

Price shown is delayed

$87.97
Nearest support

-2.13% · 0.9 ATR below · 34-bar low

$86.1
Deeper support zone

-4.47% · 1.9 ATR below latest close

$84.04
ATR zone

Latest close ± ATR14

$85.91 - $90.03

Indicators

Trend

Dow Theory Structure

Confirmation $90.5, invalidation $91.38

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.1 / 16.8 / 39.9Bearish
Supertrend (10,3)

Price is above Supertrend

$82.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.16 / $86.58Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

Medium volatility

$2.06 (2.34%)Range
Bollinger Bands (20,2)

Width 10.65%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$93.69 / $86.21Range
ATR channel lower / upper

Current Volatility Envelope

$85.91 / $90.03Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$96.46Range
Support

Nearest Downside Decision Level

$86.1Range

Momentum

RSI (14)

Momentum is weak

41.8Bearish
MACD (12,26,9)

Histogram is negative

-0.663Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.1 / 13.3Bullish
Williams %R (14)

Oversold zone

-81.9Bullish
CCI (20)

Balanced zone

-97.6Range
TD Sequential

Exhaustion setup is near completion

buy 12Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.8Bearish
OBV slope

20-period OBV slope

-4.48%Bearish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Trend

Dow Theory Structure

Confirmation $90.5, invalidation $91.38

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.1 / 16.8 / 39.9Bearish
Supertrend (10,3)

Price is above Supertrend

$82.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.16 / $86.58Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

41.8Bearish
MACD (12,26,9)

Histogram is negative

-0.663Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.1 / 13.3Bullish
Williams %R (14)

Oversold zone

-81.9Bullish
CCI (20)

Balanced zone

-97.6Range
TD Sequential

Exhaustion setup is near completion

buy 12Bullish

Volatility

ATR (14)

Medium volatility

$2.06 (2.34%)Range
Bollinger Bands (20,2)

Width 10.65%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$93.69 / $86.21Range
ATR channel lower / upper

Current Volatility Envelope

$85.91 / $90.03Range

Volume / Money Flow

MFI (14)

Money flow is weak

39.8Bearish
OBV slope

20-period OBV slope

-4.48%Bearish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$96.46Range
Support

Nearest Downside Decision Level

$86.1Range

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