US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

3 monthsBearish64%
3M Downside probability 64%Bearish

BBY 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $82.56 and stabilize above resistance $141.97.

Invalidation Trigger

Break above $141.97 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

3M
Momentum StateRange
Momentum mixed

RSI 42.6, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $19.14 (25.47%)

3M

EMA Structure

Range
EMA 8$73.99Bullish
EMA 21$82.56Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 42.6 · MACD --

Momentum is weak

Strength
Range
Volatility
ATR $19.14 · BB 62.81%

High volatility

Strength
Bearish
Volume
MFI 49.9 · OBV -2228.11%

Relative to 20-period average volume

Strength
Range
Price Levels
$55.01 - $141.97

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+114.41% · 4.5 ATR above latest close

$161.11
Nearest resistance

+88.94% · 3.5 ATR above · 24-bar high

$141.97
Current price

Price shown is delayed

$75.14
Nearest support

-26.79% · 1.1 ATR below · 24-bar low

$55.01
Deeper support zone

-52.26% · 2.1 ATR below latest close

$35.87
ATR zone

Latest close ± ATR14

$56 - $94.28

Indicators

Trend

Dow Theory Structure

Confirmation $55.01, invalidation $84.92

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$7.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

High volatility

$19.14 (25.47%)Bearish
Bollinger Bands (20,2)

Width 62.81%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$121.66 / $42.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$56 / $94.28Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$141.97Range
Support

Nearest Downside Decision Level

$55.01Range

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

--Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.5 / 28.3Bullish
Williams %R (14)

Neutral zone

-58.5Range
CCI (20)

Balanced zone

-73.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.9Range
OBV slope

20-period OBV slope

-2228.11%Bearish
Volume ratio

Relative to 20-period average volume

1.31xBullish

Trend

Dow Theory Structure

Confirmation $55.01, invalidation $84.92

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$7.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

--Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.5 / 28.3Bullish
Williams %R (14)

Neutral zone

-58.5Range
CCI (20)

Balanced zone

-73.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$19.14 (25.47%)Bearish
Bollinger Bands (20,2)

Width 62.81%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$121.66 / $42.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$56 / $94.28Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.9Range
OBV slope

20-period OBV slope

-2228.11%Bearish
Volume ratio

Relative to 20-period average volume

1.31xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$141.97Range
Support

Nearest Downside Decision Level

$55.01Range

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