US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

1 monthBullish71%
Monthly Upside probability 71%Bullish

BBY 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $54.99 and reclaim $103.71.

Invalidation Trigger

Lose $54.99 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 56.8, MACD 1.986

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $11.44 (13.28%)

Monthly

EMA Structure

Range
EMA 8$76.87Bullish
EMA 21$75.7Bullish
EMA 50$79.66Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.8 · MACD 1.986

Momentum is strong

Strength
Bullish
Volatility
ATR $11.44 · BB 48.59%

High volatility

Strength
Bearish
Volume
MFI 45.8 · OBV -56.18%

Relative to 20-period average volume

Strength
Range
Price Levels
$54.99 - $103.71

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+33.73% · 2.5 ATR above latest close

$115.15
Nearest resistance

+20.45% · 1.5 ATR above · 34-bar high

$103.71
Current price

Price shown is delayed

$86.11
Nearest support

-36.14% · 2.7 ATR below · 34-bar low

$54.99
Deeper support zone

-49.42% · 3.7 ATR below latest close

$43.55
ATR zone

Latest close ± ATR14

$74.67 - $97.54

Indicators

Trend

Dow Theory Structure

Confirmation $55.1, invalidation $84.99

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

38.8 / 20.8 / 9.3Bullish
Supertrend (10,3)

Price is above Supertrend

$50.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$76.27 / $79.35Bullish
Donchian Channel (20)

20-period breakout channel position

85%Range

Volatility

ATR (14)

High volatility

$11.44 (13.28%)Bearish
Bollinger Bands (20,2)

Width 48.59%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$98.31 / $52.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$74.67 / $97.54Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$103.71Range
Support

Nearest Downside Decision Level

$54.99Range

Momentum

RSI (14)

Momentum is strong

56.8Bullish
MACD (12,26,9)

Histogram is positive

1.986Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.7 / 80.5Bullish
Williams %R (14)

Overbought zone

-14.3Bearish
CCI (20)

Strong expansion

117.8Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.8Range
OBV slope

20-period OBV slope

-56.18%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $55.1, invalidation $84.99

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

38.8 / 20.8 / 9.3Bullish
Supertrend (10,3)

Price is above Supertrend

$50.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$76.27 / $79.35Bullish
Donchian Channel (20)

20-period breakout channel position

85%Range

Momentum

RSI (14)

Momentum is strong

56.8Bullish
MACD (12,26,9)

Histogram is positive

1.986Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.7 / 80.5Bullish
Williams %R (14)

Overbought zone

-14.3Bearish
CCI (20)

Strong expansion

117.8Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$11.44 (13.28%)Bearish
Bollinger Bands (20,2)

Width 48.59%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$98.31 / $52.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$74.67 / $97.54Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.8Range
OBV slope

20-period OBV slope

-56.18%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$103.71Range
Support

Nearest Downside Decision Level

$54.99Range

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