US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

1 monthBullish59%
Monthly Upside probability 59%Bullish

BBY 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $54.99 and reclaim $103.71.

Invalidation Trigger

Lose $54.99 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 55.6, MACD 1.200

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $11.41 (13.64%)

Monthly

EMA Structure

Bearish
EMA 8$73.65Bullish
EMA 21$74.43Bullish
EMA 50$79.29Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.6 · MACD 1.200

Momentum is strong

Strength
Bullish
Volatility
ATR $11.41 · BB 47.64%

High volatility

Strength
Bearish
Volume
MFI 46.9 · OBV -47.96%

Relative to 20-period average volume

Strength
Range
Price Levels
$54.99 - $103.71

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+37.6% · 2.8 ATR above latest close

$115.12
Nearest resistance

+23.97% · 1.8 ATR above · 34-bar high

$103.71
Current price

Price shown is delayed

$83.66
Nearest support

-34.27% · 2.5 ATR below · 34-bar low

$54.99
Deeper support zone

-47.91% · 3.5 ATR below latest close

$43.58
ATR zone

Latest close ± ATR14

$72.25 - $95.07

Indicators

Trend

Dow Theory Structure

Confirmation $55.1, invalidation $84.99

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

Trend strength is active

37.3 / 16.3 / 9.3Bullish
Supertrend (10,3)

Price is above Supertrend

$44.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$74.45 / $79.35Bullish
Donchian Channel (20)

20-period breakout channel position

78%Range

Volatility

ATR (14)

High volatility

$11.41 (13.64%)Bearish
Bollinger Bands (20,2)

Width 47.64%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$97.63 / $50.91Bearish
ATR channel lower / upper

Current Volatility Envelope

$72.25 / $95.07Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$103.71Range
Support

Nearest Downside Decision Level

$54.99Range

Momentum

RSI (14)

Momentum is strong

55.6Bullish
MACD (12,26,9)

Histogram is positive

1.200Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

95.6 / 80.5Bullish
Williams %R (14)

Overbought zone

-4.4Bearish
CCI (20)

Balanced zone

75.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.9Range
OBV slope

20-period OBV slope

-47.96%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $55.1, invalidation $84.99

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

Trend strength is active

37.3 / 16.3 / 9.3Bullish
Supertrend (10,3)

Price is above Supertrend

$44.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$74.45 / $79.35Bullish
Donchian Channel (20)

20-period breakout channel position

78%Range

Momentum

RSI (14)

Momentum is strong

55.6Bullish
MACD (12,26,9)

Histogram is positive

1.200Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

95.6 / 80.5Bullish
Williams %R (14)

Overbought zone

-4.4Bearish
CCI (20)

Balanced zone

75.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$11.41 (13.64%)Bearish
Bollinger Bands (20,2)

Width 47.64%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$97.63 / $50.91Bearish
ATR channel lower / upper

Current Volatility Envelope

$72.25 / $95.07Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.9Range
OBV slope

20-period OBV slope

-47.96%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$103.71Range
Support

Nearest Downside Decision Level

$54.99Range

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