US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

1 monthBullish80%
Monthly Upside probability 80%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 $106.1.

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 64.6, MACD 3.799

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $13.19 (12.75%)

Monthly

EMA Structure

Range
EMA 8$87.02Bullish
EMA 21$80.47Bullish
EMA 50$81.33Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.6 · MACD 3.799

Momentum is strong

Strength
Bullish
Volatility
ATR $13.19 · BB 60.92%

High volatility

Strength
Bearish
Volume
MFI 47.0 · OBV -0.96%

Relative to 20-period average volume

Strength
Range
Price Levels
$54.99 - $106.1

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+15.36% · 1.2 ATR above latest close

$119.29
Nearest resistance

+2.6% · 0.2 ATR above · 34-bar high

$106.1
Current price

Price shown is delayed

$103.41
Nearest support

-46.82% · 3.7 ATR below · 34-bar low

$54.99
Deeper support zone

-59.58% · 4.7 ATR below latest close

$41.8
ATR zone

Latest close ± ATR14

$90.22 - $116.6

Indicators

Trend

Dow Theory Structure

Confirmation $55.1, invalidation $84.99

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

Trend strength is active

42.7 / 24.4 / 8.0Bullish
Supertrend (10,3)

Price is above Supertrend

$58.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$80.57 / $80.55Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

High volatility

$13.19 (12.75%)Bearish
Bollinger Bands (20,2)

Width 60.92%

112%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$108.17 / $53.09Bearish
ATR channel lower / upper

Current Volatility Envelope

$90.22 / $116.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.1Range
Support

Nearest Downside Decision Level

$54.99Range

Momentum

RSI (14)

Momentum is strong

64.6Bullish
MACD (12,26,9)

Histogram is positive

3.799Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.7 / 88.0Bullish
Williams %R (14)

Overbought zone

-5.3Bearish
CCI (20)

Strong expansion

211.3Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.0Range
OBV slope

20-period OBV slope

-0.96%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Trend

Dow Theory Structure

Confirmation $55.1, invalidation $84.99

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

Trend strength is active

42.7 / 24.4 / 8.0Bullish
Supertrend (10,3)

Price is above Supertrend

$58.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$80.57 / $80.55Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

64.6Bullish
MACD (12,26,9)

Histogram is positive

3.799Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.7 / 88.0Bullish
Williams %R (14)

Overbought zone

-5.3Bearish
CCI (20)

Strong expansion

211.3Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

High volatility

$13.19 (12.75%)Bearish
Bollinger Bands (20,2)

Width 60.92%

112%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$108.17 / $53.09Bearish
ATR channel lower / upper

Current Volatility Envelope

$90.22 / $116.6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.0Range
OBV slope

20-period OBV slope

-0.96%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.1Range
Support

Nearest Downside Decision Level

$54.99Range

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