US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

BBY 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $55.1 and reclaim $91.27.

Invalidation Trigger

Lose $55.1 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 65.0, MACD 2.135

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $6.57 (7.63%)

Weekly

EMA Structure

Bullish
EMA 8$82.04Bullish
EMA 21$75.54Bullish
EMA 50$73.08Bullish

Signals

CategoryReadStrength
Momentum
RSI 65.0 · MACD 2.135

Momentum is strong

Strength
Bullish
Volatility
ATR $6.57 · BB 56.91%

High volatility

Strength
Bearish
Volume
MFI 81.3 · OBV 30.66%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$55.1 - $91.27

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+13.62% · 1.8 ATR above latest close

$97.83
Nearest resistance

+5.99% · 0.8 ATR above · 34-bar high

$91.27
Current price

Price shown is delayed

$86.11
Nearest support

-36.01% · 4.7 ATR below · 34-bar low

$55.1
Deeper support zone

-43.64% · 5.7 ATR below latest close

$48.53
ATR zone

Latest close ± ATR14

$79.54 - $92.67

Indicators

Trend

Dow Theory Structure

Confirmation $79.51, invalidation $55.1

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

Trend strength is active

45.4 / 36.6 / 6.8Bullish
Supertrend (10,3)

Price is above Supertrend

$66.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$77.1 / $73.18Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Volatility

ATR (14)

High volatility

$6.57 (7.63%)Bearish
Bollinger Bands (20,2)

Width 56.91%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$87.99 / $63.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$79.54 / $92.67Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.27Range
Support

Nearest Downside Decision Level

$55.1Range

Momentum

RSI (14)

Momentum is strong

65.0Bullish
MACD (12,26,9)

Histogram is positive

2.135Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.7 / 88.6Bearish
Williams %R (14)

Overbought zone

-14.3Bearish
CCI (20)

Strong expansion

104.2Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

81.3Bullish
OBV slope

20-period OBV slope

30.66%Bullish
Volume ratio

Relative to 20-period average volume

0.11xBearish

Trend

Dow Theory Structure

Confirmation $79.51, invalidation $55.1

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

Trend strength is active

45.4 / 36.6 / 6.8Bullish
Supertrend (10,3)

Price is above Supertrend

$66.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$77.1 / $73.18Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Momentum

RSI (14)

Momentum is strong

65.0Bullish
MACD (12,26,9)

Histogram is positive

2.135Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.7 / 88.6Bearish
Williams %R (14)

Overbought zone

-14.3Bearish
CCI (20)

Strong expansion

104.2Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$6.57 (7.63%)Bearish
Bollinger Bands (20,2)

Width 56.91%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$87.99 / $63.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$79.54 / $92.67Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

81.3Bullish
OBV slope

20-period OBV slope

30.66%Bullish
Volume ratio

Relative to 20-period average volume

0.11xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.27Range
Support

Nearest Downside Decision Level

$55.1Range

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