US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

12 hoursBearish55%
12h Downside probability 55%Bearish

BBY 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $86.29 and stabilize above resistance $91.23.

Invalidation Trigger

Break above $91.23 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 48.5, MACD -0.592

12h
Volatility EnvironmentRange
Low volatility

ATR is $1.64 (1.92%)

12h

EMA Structure

Bullish
EMA 8$86.91Bearish
EMA 21$86.29Bearish
EMA 50$82.74Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.5 · MACD -0.592

Neutral zone

Strength
Bearish
Volatility
ATR $1.64 · BB 8.35%

Low volatility

Strength
Range
Volume
MFI 53.8 · OBV 0.62%

Relative to 20-period average volume

Strength
Range
Price Levels
$76.65 - $91.23

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.94% · 4.6 ATR above latest close

$92.87
Nearest resistance

+7.01% · 3.6 ATR above · 34-bar high

$91.23
Current price

Price shown is delayed

$85.25
Nearest support

-10.09% · 5.2 ATR below · 34-bar low

$76.65
Deeper support zone

-12.01% · 6.2 ATR below latest close

$75.01
ATR zone

Latest close ± ATR14

$83.61 - $86.89

Indicators

Trend

Dow Theory Structure

Confirmation $91.23, invalidation $83.45

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

Trend strength is moderate

15.6 / 36.4 / 32.3Bullish
Supertrend (10,3)

Price is above Supertrend

$79.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.39 / $81.66Bearish
Donchian Channel (20)

20-period breakout channel position

28%Range

Volatility

ATR (14)

Low volatility

$1.64 (1.92%)Range
Bollinger Bands (20,2)

Width 8.35%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.61 / $83.18Range
ATR channel lower / upper

Current Volatility Envelope

$83.61 / $86.89Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.23Range
Support

Nearest Downside Decision Level

$76.65Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is negative

-0.592Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 33.4Bearish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Balanced zone

-79.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.8Range
OBV slope

20-period OBV slope

0.62%Bullish
Volume ratio

Relative to 20-period average volume

2.46xBullish

Trend

Dow Theory Structure

Confirmation $91.23, invalidation $83.45

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

Trend strength is moderate

15.6 / 36.4 / 32.3Bullish
Supertrend (10,3)

Price is above Supertrend

$79.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.39 / $81.66Bearish
Donchian Channel (20)

20-period breakout channel position

28%Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is negative

-0.592Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 33.4Bearish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Balanced zone

-79.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$1.64 (1.92%)Range
Bollinger Bands (20,2)

Width 8.35%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.61 / $83.18Range
ATR channel lower / upper

Current Volatility Envelope

$83.61 / $86.89Range

Volume / Money Flow

MFI (14)

Money flow is neutral

53.8Range
OBV slope

20-period OBV slope

0.62%Bullish
Volume ratio

Relative to 20-period average volume

2.46xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.23Range
Support

Nearest Downside Decision Level

$76.65Range

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