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 62.3, MACD 1.484

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $7.1 (8.26%)

Weekly

EMA Structure

Bullish
EMA 8$83.1Bullish
EMA 21$77.07Bullish
EMA 50$73.93Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.3 · MACD 1.484

Momentum is strong

Strength
Bullish
Volatility
ATR $7.1 · BB 56.52%

High volatility

Strength
Bearish
Volume
MFI 86.1 · OBV 23.87%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$55.1 - $91.27

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+14.52% · 1.8 ATR above latest close

$98.36
Nearest resistance

+6.26% · 0.8 ATR above · 34-bar high

$91.27
Current price

Price shown is delayed

$85.89
Nearest support

-35.85% · 4.3 ATR below · 34-bar low

$55.1
Deeper support zone

-44.11% · 5.3 ATR below latest close

$48
ATR zone

Latest close ± ATR14

$78.79 - $92.99

Indicators

Trend

Dow Theory Structure

Confirmation $91.27, invalidation $79

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

49.5 / 37.1 / 7.1Bullish
Supertrend (10,3)

Price is above Supertrend

$69.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$77.54 / $73.18Bullish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Volatility

ATR (14)

High volatility

$7.1 (8.26%)Bearish
Bollinger Bands (20,2)

Width 56.52%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$89.41 / $65.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.79 / $92.99Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.27Range
Support

Nearest Downside Decision Level

$55.1Range

Momentum

RSI (14)

Momentum is strong

62.3Bullish
MACD (12,26,9)

Histogram is positive

1.484Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.7 / 81.9Bullish
Williams %R (14)

Overbought zone

-15.3Bearish
CCI (20)

Strong expansion

101.0Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

86.1Bullish
OBV slope

20-period OBV slope

23.87%Bullish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Trend

Dow Theory Structure

Confirmation $91.27, invalidation $79

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

49.5 / 37.1 / 7.1Bullish
Supertrend (10,3)

Price is above Supertrend

$69.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$77.54 / $73.18Bullish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Momentum

RSI (14)

Momentum is strong

62.3Bullish
MACD (12,26,9)

Histogram is positive

1.484Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.7 / 81.9Bullish
Williams %R (14)

Overbought zone

-15.3Bearish
CCI (20)

Strong expansion

101.0Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$7.1 (8.26%)Bearish
Bollinger Bands (20,2)

Width 56.52%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$89.41 / $65.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.79 / $92.99Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

86.1Bullish
OBV slope

20-period OBV slope

23.87%Bullish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.27Range
Support

Nearest Downside Decision Level

$55.1Range

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