US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

4 hoursBullish59%
4h Upside probability 59%Bullish

BBY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $93.61 and reclaim $106.83.

Invalidation Trigger

Lose $93.61 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBearish
Momentum soft

RSI 52.6, MACD -0.396

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.32 (1.28%)

4h

EMA Structure

Bullish
EMA 8$104.1Bearish
EMA 21$103.29Bullish
EMA 50$100.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.6 · MACD -0.396

Neutral zone

Strength
Bearish
Volatility
ATR $1.32 · BB 8.19%

Low volatility

Strength
Bullish
Volume
MFI 55.3 · OBV 61.45%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$93.61 - $106.83

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.59% · 3.6 ATR above latest close

$108.15
Nearest resistance

+3.31% · 2.6 ATR above · 34-bar high

$106.83
Current price

Price shown is delayed

$103.41
Nearest support

-9.48% · 7.4 ATR below · 34-bar low

$93.61
Deeper support zone

-10.76% · 8.4 ATR below latest close

$92.28
ATR zone

Latest close ± ATR14

$102.09 - $104.73

Indicators

Trend

Dow Theory Structure

Confirmation $106.1, invalidation $102.99

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

Trend strength is active

28.0 / 7.5 / 47.3Bearish
Supertrend (10,3)

Price is above Supertrend

$99.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$102.59 / $100.01Bullish
Donchian Channel (20)

20-period breakout channel position

64%Bullish

Volatility

ATR (14)

Low volatility

$1.32 (1.28%)Bullish
Bollinger Bands (20,2)

Width 8.19%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$105.92 / $100.85Bullish
ATR channel lower / upper

Current Volatility Envelope

$102.09 / $104.73Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.83Range
Support

Nearest Downside Decision Level

$93.61Range

Momentum

RSI (14)

Neutral zone

52.6Range
MACD (12,26,9)

Histogram is negative

-0.396Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.1 / 34.6Bearish
Williams %R (14)

Neutral zone

-72.9Range
CCI (20)

Balanced zone

-22.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.3Bullish
OBV slope

20-period OBV slope

61.45%Bullish
Volume ratio

Relative to 20-period average volume

1.51xBullish

Trend

Dow Theory Structure

Confirmation $106.1, invalidation $102.99

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

Trend strength is active

28.0 / 7.5 / 47.3Bearish
Supertrend (10,3)

Price is above Supertrend

$99.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$102.59 / $100.01Bullish
Donchian Channel (20)

20-period breakout channel position

64%Bullish

Momentum

RSI (14)

Neutral zone

52.6Range
MACD (12,26,9)

Histogram is negative

-0.396Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.1 / 34.6Bearish
Williams %R (14)

Neutral zone

-72.9Range
CCI (20)

Balanced zone

-22.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.32 (1.28%)Bullish
Bollinger Bands (20,2)

Width 8.19%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$105.92 / $100.85Bullish
ATR channel lower / upper

Current Volatility Envelope

$102.09 / $104.73Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.3Bullish
OBV slope

20-period OBV slope

61.45%Bullish
Volume ratio

Relative to 20-period average volume

1.51xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.83Range
Support

Nearest Downside Decision Level

$93.61Range

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