US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

4 hoursRange48%
4h Range probability 96%Range

BBY 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $82.27 - $90.13 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 46.5, MACD -0.321

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.35 (1.57%)

4h

EMA Structure

Bullish
EMA 8$86.53Bearish
EMA 21$86.51Bearish
EMA 50$85.82Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.5 · MACD -0.321

Neutral zone

Strength
Bearish
Volatility
ATR $1.35 · BB 6.20%

Low volatility

Strength
Range
Volume
MFI 52.0 · OBV 0.22%

Relative to 20-period average volume

Strength
Range
Price Levels
$82.27 - $90.13

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.01% · 4.5 ATR above latest close

$91.48
Nearest resistance

+5.43% · 3.5 ATR above · 34-bar high

$90.13
Current price

Price shown is delayed

$85.48
Nearest support

-3.76% · 2.4 ATR below · 34-bar low

$82.27
Deeper support zone

-5.33% · 3.4 ATR below latest close

$80.92
ATR zone

Latest close ± ATR14

$84.14 - $86.83

Indicators

Trend

Dow Theory Structure

Confirmation $88, invalidation $85.29

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

Trend strength is active

31.3 / 42.9 / 29.8Bullish
Supertrend (10,3)

Price is above Supertrend

$82.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.92 / $84.57Bearish
Donchian Channel (20)

20-period breakout channel position

6%Range

Volatility

ATR (14)

Low volatility

$1.35 (1.57%)Range
Bollinger Bands (20,2)

Width 6.20%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.03 / $84.04Range
ATR channel lower / upper

Current Volatility Envelope

$84.14 / $86.83Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.13Range
Support

Nearest Downside Decision Level

$82.27Range

Momentum

RSI (14)

Neutral zone

46.5Range
MACD (12,26,9)

Histogram is negative

-0.321Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.1 / 23.8Bearish
Williams %R (14)

Oversold zone

-95.9Bullish
CCI (20)

Balanced zone

-79.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.0Range
OBV slope

20-period OBV slope

0.22%Bullish
Volume ratio

Relative to 20-period average volume

1.85xBullish

Trend

Dow Theory Structure

Confirmation $88, invalidation $85.29

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

Trend strength is active

31.3 / 42.9 / 29.8Bullish
Supertrend (10,3)

Price is above Supertrend

$82.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.92 / $84.57Bearish
Donchian Channel (20)

20-period breakout channel position

6%Range

Momentum

RSI (14)

Neutral zone

46.5Range
MACD (12,26,9)

Histogram is negative

-0.321Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.1 / 23.8Bearish
Williams %R (14)

Oversold zone

-95.9Bullish
CCI (20)

Balanced zone

-79.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.35 (1.57%)Range
Bollinger Bands (20,2)

Width 6.20%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.03 / $84.04Range
ATR channel lower / upper

Current Volatility Envelope

$84.14 / $86.83Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.0Range
OBV slope

20-period OBV slope

0.22%Bullish
Volume ratio

Relative to 20-period average volume

1.85xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.13Range
Support

Nearest Downside Decision Level

$82.27Range

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