US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

BBY 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $86.73 and stabilize above resistance $90.13.

Invalidation Trigger

Break above $90.13 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 39.5, MACD -0.104

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6301 (0.74%)

1h

EMA Structure

Range
EMA 8$86.32Bearish
EMA 21$86.73Bearish
EMA 50$86.67Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.5 · MACD -0.104

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6301 · BB 4.79%

Low volatility

Strength
Bullish
Volume
MFI 39.7 · OBV -3558.01%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$85.29 - $90.13

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.17% · 8.4 ATR above latest close

$90.76
Nearest resistance

+5.43% · 7.4 ATR above · 34-bar high

$90.13
Current price

Price shown is delayed

$85.48
Nearest support

-0.23% · 0.3 ATR below · 34-bar low

$85.29
Deeper support zone

-0.97% · 1.3 ATR below latest close

$84.65
ATR zone

Latest close ± ATR14

$84.85 - $86.11

Indicators

Trend

Dow Theory Structure

Confirmation $88, invalidation $85.35

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

Trend strength is active

44.2 / 39.0 / 48.7Bearish
Supertrend (10,3)

Price is above Supertrend

$83.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$87.19 / $87.67Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Low volatility

$0.6301 (0.74%)Bullish
Bollinger Bands (20,2)

Width 4.79%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$88.2 / $85.22Bullish
ATR channel lower / upper

Current Volatility Envelope

$84.85 / $86.11Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.13Range
Support

Nearest Downside Decision Level

$85.29Range

Momentum

RSI (14)

Momentum is weak

39.5Bearish
MACD (12,26,9)

Histogram is negative

-0.104Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.3 / 25.8Bearish
Williams %R (14)

Oversold zone

-92.7Bullish
CCI (20)

Balanced zone

-85.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

-3558.01%Bearish
Volume ratio

Relative to 20-period average volume

4.65xBullish

Trend

Dow Theory Structure

Confirmation $88, invalidation $85.35

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

Trend strength is active

44.2 / 39.0 / 48.7Bearish
Supertrend (10,3)

Price is above Supertrend

$83.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$87.19 / $87.67Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

39.5Bearish
MACD (12,26,9)

Histogram is negative

-0.104Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.3 / 25.8Bearish
Williams %R (14)

Oversold zone

-92.7Bullish
CCI (20)

Balanced zone

-85.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$0.6301 (0.74%)Bullish
Bollinger Bands (20,2)

Width 4.79%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$88.2 / $85.22Bullish
ATR channel lower / upper

Current Volatility Envelope

$84.85 / $86.11Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

-3558.01%Bearish
Volume ratio

Relative to 20-period average volume

4.65xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.13Range
Support

Nearest Downside Decision Level

$85.29Range

Related Forecasts