US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

1 weekBullish75%
Weekly Upside probability 75%Bullish

BBY 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $55.12 and reclaim $83.64.

Invalidation Trigger

Lose $55.12 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 56.7, MACD 2.001

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $6.21 (8.26%)

Weekly

EMA Structure

Range
EMA 8$71.33Bullish
EMA 21$68.48Bullish
EMA 50$69.97Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.7 · MACD 2.001

Momentum is strong

Strength
Bullish
Volatility
ATR $6.21 · BB 37.88%

High volatility

Strength
Bearish
Volume
MFI 51.6 · OBV 3.40%

Relative to 20-period average volume

Strength
Range
Price Levels
$55.12 - $83.64

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+19.58% · 2.4 ATR above latest close

$89.85
Nearest resistance

+11.31% · 1.4 ATR above · 34-bar high

$83.64
Current price

Price shown is delayed

$75.14
Nearest support

-26.64% · 3.2 ATR below · 34-bar low

$55.12
Deeper support zone

-34.91% · 4.2 ATR below latest close

$48.91
ATR zone

Latest close ± ATR14

$68.93 - $81.35

Indicators

Trend

Dow Theory Structure

Confirmation $55.12, invalidation $68.1

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

Trend strength is active

24.6 / 26.2 / 12.3Bullish
Supertrend (10,3)

Price is above Supertrend

$54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$67.32 / $70.02Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

High volatility

$6.21 (8.26%)Bearish
Bollinger Bands (20,2)

Width 37.88%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$82.07 / $54.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$68.93 / $81.35Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$83.64Range
Support

Nearest Downside Decision Level

$55.12Range

Momentum

RSI (14)

Momentum is strong

56.7Bullish
MACD (12,26,9)

Histogram is positive

2.001Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.1 / 86.9Bearish
Williams %R (14)

Overbought zone

-17.9Bearish
CCI (20)

Strong expansion

134.0Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.6Range
OBV slope

20-period OBV slope

3.40%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $55.12, invalidation $68.1

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

Trend strength is active

24.6 / 26.2 / 12.3Bullish
Supertrend (10,3)

Price is above Supertrend

$54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$67.32 / $70.02Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

56.7Bullish
MACD (12,26,9)

Histogram is positive

2.001Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.1 / 86.9Bearish
Williams %R (14)

Overbought zone

-17.9Bearish
CCI (20)

Strong expansion

134.0Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$6.21 (8.26%)Bearish
Bollinger Bands (20,2)

Width 37.88%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$82.07 / $54.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$68.93 / $81.35Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.6Range
OBV slope

20-period OBV slope

3.40%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$83.64Range
Support

Nearest Downside Decision Level

$55.12Range

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