US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

3 monthsBullish64%
3M Upside probability 64%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 53.9, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $18.99 (22.11%)

3M

EMA Structure

Range
EMA 8$76.6Bullish
EMA 21$80.31Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 53.9 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $18.99 · BB 56.44%

High volatility

Strength
Bearish
Volume
MFI 51.5 · OBV -294.76%

Relative to 20-period average volume

Strength
Range
Price Levels
$48.11 - $141.97

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+87.4% · 4.0 ATR above latest close

$160.96
Nearest resistance

+65.29% · 3.0 ATR above · 29-bar high

$141.97
Current price

Price shown is delayed

$85.89
Nearest support

-43.99% · 2.0 ATR below · 29-bar low

$48.11
Deeper support zone

-66.1% · 3.0 ATR below latest close

$29.12
ATR zone

Latest close ± ATR14

$66.9 - $104.88

Indicators

Trend

Dow Theory Structure

Confirmation $84.99, invalidation $55.1

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

Trend strength is moderate

11.0 / 20.0 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$23.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.1 / --Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

High volatility

$18.99 (22.11%)Bearish
Bollinger Bands (20,2)

Width 56.44%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.46 / $40.48Bearish
ATR channel lower / upper

Current Volatility Envelope

$66.9 / $104.88Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$141.97Range
Support

Nearest Downside Decision Level

$48.11Range

Momentum

RSI (14)

Neutral zone

53.9Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

63.4 / 41.7Bullish
Williams %R (14)

Neutral zone

-36.6Range
CCI (20)

Balanced zone

33.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

-294.76%Bearish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Trend

Dow Theory Structure

Confirmation $84.99, invalidation $55.1

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

Trend strength is moderate

11.0 / 20.0 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$23.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.1 / --Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Neutral zone

53.9Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

63.4 / 41.7Bullish
Williams %R (14)

Neutral zone

-36.6Range
CCI (20)

Balanced zone

33.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$18.99 (22.11%)Bearish
Bollinger Bands (20,2)

Width 56.44%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.46 / $40.48Bearish
ATR channel lower / upper

Current Volatility Envelope

$66.9 / $104.88Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

-294.76%Bearish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$141.97Range
Support

Nearest Downside Decision Level

$48.11Range

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