US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

4 hoursBullish61%
4h Upside probability 61%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 $69.73 and reclaim $79.51.

Invalidation Trigger

Lose $69.73 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 59.0, MACD -0.224

4h
Volatility EnvironmentRange
Medium volatility

ATR is $1.98 (2.55%)

4h

EMA Structure

Bullish
EMA 8$76.09Bullish
EMA 21$75.28Bullish
EMA 50$72.05Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.0 · MACD -0.224

Momentum is strong

Strength
Bullish
Volatility
ATR $1.98 · BB 7.85%

Medium volatility

Strength
Range
Volume
MFI 37.0 · OBV -134.23%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$69.73 - $79.51

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+5.15% · 2.0 ATR above latest close

$81.49
Nearest resistance

+2.6% · 1.0 ATR above · 34-bar high

$79.51
Current price

Price shown is delayed

$77.5
Nearest support

-10.02% · 3.9 ATR below · 34-bar low

$69.73
Deeper support zone

-12.57% · 4.9 ATR below latest close

$67.75
ATR zone

Latest close ± ATR14

$75.52 - $79.47

Indicators

Trend

Dow Theory Structure

Confirmation $72.56, invalidation $77.86

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

Trend strength is active

29.0 / 26.3 / 29.0Bearish
Supertrend (10,3)

Price is above Supertrend

$70.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$74.94 / $67.85Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Volatility

ATR (14)

Medium volatility

$1.98 (2.55%)Range
Bollinger Bands (20,2)

Width 7.85%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$79.71 / $71.03Range
ATR channel lower / upper

Current Volatility Envelope

$75.52 / $79.47Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.51Range
Support

Nearest Downside Decision Level

$69.73Range

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is negative

-0.224Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.0 / 59.7Bullish
Williams %R (14)

Neutral zone

-29.0Range
CCI (20)

Balanced zone

60.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.0Bearish
OBV slope

20-period OBV slope

-134.23%Bearish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Trend

Dow Theory Structure

Confirmation $72.56, invalidation $77.86

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

Trend strength is active

29.0 / 26.3 / 29.0Bearish
Supertrend (10,3)

Price is above Supertrend

$70.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$74.94 / $67.85Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is negative

-0.224Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.0 / 59.7Bullish
Williams %R (14)

Neutral zone

-29.0Range
CCI (20)

Balanced zone

60.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$1.98 (2.55%)Range
Bollinger Bands (20,2)

Width 7.85%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$79.71 / $71.03Range
ATR channel lower / upper

Current Volatility Envelope

$75.52 / $79.47Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.0Bearish
OBV slope

20-period OBV slope

-134.23%Bearish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$79.51Range
Support

Nearest Downside Decision Level

$69.73Range

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