US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

3 monthsBullish68%
3M Upside probability 68%Bullish

BBY 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $48.11 and reclaim $141.97.

Invalidation Trigger

Lose $48.11 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 54.5, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $18.5 (21.03%)

3M

EMA Structure

Range
EMA 8$79.53Bullish
EMA 21$81.2Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 54.5 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $18.5 · BB 51.96%

High volatility

Strength
Bearish
Volume
MFI 56.2 · OBV -287.24%

Relative to 20-period average volume

Strength
Range
Price Levels
$48.11 - $141.97

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+82.41% · 3.9 ATR above latest close

$160.47
Nearest resistance

+61.38% · 2.9 ATR above · 30-bar high

$141.97
Current price

Price shown is delayed

$87.97
Nearest support

-45.32% · 2.2 ATR below · 30-bar low

$48.11
Deeper support zone

-66.34% · 3.2 ATR below latest close

$29.61
ATR zone

Latest close ± ATR14

$69.47 - $106.47

Indicators

Trend

Dow Theory Structure

Confirmation $84.99, invalidation $55.1

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

Trend strength is moderate

12.3 / 22.5 / 15.8Bullish
Supertrend (10,3)

Price is above Supertrend

$32.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.76 / --Bearish
Donchian Channel (20)

20-period breakout channel position

57%Range

Volatility

ATR (14)

High volatility

$18.5 (21.03%)Bearish
Bollinger Bands (20,2)

Width 51.96%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$118.13 / $44.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$69.47 / $106.47Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$141.97Range
Support

Nearest Downside Decision Level

$48.11Range

Momentum

RSI (14)

Neutral zone

54.5Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

67.7 / 59.6Bullish
Williams %R (14)

Neutral zone

-32.3Range
CCI (20)

Balanced zone

85.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.2Bullish
OBV slope

20-period OBV slope

-287.24%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $84.99, invalidation $55.1

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

Trend strength is moderate

12.3 / 22.5 / 15.8Bullish
Supertrend (10,3)

Price is above Supertrend

$32.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.76 / --Bearish
Donchian Channel (20)

20-period breakout channel position

57%Range

Momentum

RSI (14)

Neutral zone

54.5Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

67.7 / 59.6Bullish
Williams %R (14)

Neutral zone

-32.3Range
CCI (20)

Balanced zone

85.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$18.5 (21.03%)Bearish
Bollinger Bands (20,2)

Width 51.96%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$118.13 / $44.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$69.47 / $106.47Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.2Bullish
OBV slope

20-period OBV slope

-287.24%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$141.97Range
Support

Nearest Downside Decision Level

$48.11Range

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