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 $96.53.

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 59.1, MACD 0.539

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $6.63 (7.54%)

Weekly

EMA Structure

Bullish
EMA 8$88.12Bearish
EMA 21$82.42Bullish
EMA 50$77.2Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.1 · MACD 0.539

Momentum is strong

Strength
Bullish
Volatility
ATR $6.63 · BB 35.72%

High volatility

Strength
Bearish
Volume
MFI 67.3 · OBV 28.38%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$55.1 - $96.53

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.27% · 2.3 ATR above latest close

$103.16
Nearest resistance

+9.73% · 1.3 ATR above · 34-bar high

$96.53
Current price

Price shown is delayed

$87.97
Nearest support

-37.37% · 5.0 ATR below · 34-bar low

$55.1
Deeper support zone

-44.9% · 6.0 ATR below latest close

$48.47
ATR zone

Latest close ± ATR14

$81.34 - $94.6

Indicators

Trend

Dow Theory Structure

Confirmation $91.27, invalidation $76.7

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

Trend strength is active

43.0 / 25.5 / 21.7Bullish
Supertrend (10,3)

Price is above Supertrend

$66.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$81.22 / $75.82Bullish
Donchian Channel (20)

20-period breakout channel position

79%Bullish

Volatility

ATR (14)

High volatility

$6.63 (7.54%)Bearish
Bollinger Bands (20,2)

Width 35.72%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$97.04 / $68.53Bearish
ATR channel lower / upper

Current Volatility Envelope

$81.34 / $94.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$96.53Range
Support

Nearest Downside Decision Level

$55.1Range

Momentum

RSI (14)

Momentum is strong

59.1Bullish
MACD (12,26,9)

Histogram is positive

0.539Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.7 / 74.3Bearish
Williams %R (14)

Neutral zone

-39.3Range
CCI (20)

Balanced zone

67.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.3Bullish
OBV slope

20-period OBV slope

28.38%Bullish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Trend

Dow Theory Structure

Confirmation $91.27, invalidation $76.7

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

Trend strength is active

43.0 / 25.5 / 21.7Bullish
Supertrend (10,3)

Price is above Supertrend

$66.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$81.22 / $75.82Bullish
Donchian Channel (20)

20-period breakout channel position

79%Bullish

Momentum

RSI (14)

Momentum is strong

59.1Bullish
MACD (12,26,9)

Histogram is positive

0.539Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.7 / 74.3Bearish
Williams %R (14)

Neutral zone

-39.3Range
CCI (20)

Balanced zone

67.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$6.63 (7.54%)Bearish
Bollinger Bands (20,2)

Width 35.72%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$97.04 / $68.53Bearish
ATR channel lower / upper

Current Volatility Envelope

$81.34 / $94.6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.3Bullish
OBV slope

20-period OBV slope

28.38%Bullish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$96.53Range
Support

Nearest Downside Decision Level

$55.1Range

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