US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

4 hoursBullish91%
4h Upside probability 91%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 $79.02 and reclaim $91.37.

Invalidation Trigger

Lose $79.02 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 61.4, MACD 0.096

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.46 (1.61%)

4h

EMA Structure

Bullish
EMA 8$89.82Bullish
EMA 21$88.52Bullish
EMA 50$87.02Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.4 · MACD 0.096

Momentum is strong

Strength
Bullish
Volatility
ATR $1.46 · BB 5.73%

Low volatility

Strength
Range
Volume
MFI 44.5 · OBV 2.75%

Relative to 20-period average volume

Strength
Range
Price Levels
$79.02 - $91.37

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.24% · 1.4 ATR above latest close

$92.83
Nearest resistance

+0.63% · 0.4 ATR above · 34-bar high

$91.37
Current price

Price shown is delayed

$90.8
Nearest support

-12.97% · 8.1 ATR below · 34-bar low

$79.02
Deeper support zone

-14.58% · 9.1 ATR below latest close

$77.56
ATR zone

Latest close ± ATR14

$89.34 - $92.26

Indicators

Trend

Dow Theory Structure

Confirmation $90.66, invalidation $87.53

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

59.3 / 36.5 / 13.1Bullish
Supertrend (10,3)

Price is above Supertrend

$86.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$87.13 / $84.05Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Volatility

ATR (14)

Low volatility

$1.46 (1.61%)Range
Bollinger Bands (20,2)

Width 5.73%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$91.18 / $86.02Range
ATR channel lower / upper

Current Volatility Envelope

$89.34 / $92.26Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.37Range
Support

Nearest Downside Decision Level

$79.02Range

Momentum

RSI (14)

Momentum is strong

61.4Bullish
MACD (12,26,9)

Histogram is positive

0.096Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.6 / 93.6Bearish
Williams %R (14)

Overbought zone

-12.4Bearish
CCI (20)

Strong expansion

155.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.5Bearish
OBV slope

20-period OBV slope

2.75%Bullish
Volume ratio

Relative to 20-period average volume

1.65xBullish

Trend

Dow Theory Structure

Confirmation $90.66, invalidation $87.53

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

59.3 / 36.5 / 13.1Bullish
Supertrend (10,3)

Price is above Supertrend

$86.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$87.13 / $84.05Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Momentum

RSI (14)

Momentum is strong

61.4Bullish
MACD (12,26,9)

Histogram is positive

0.096Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.6 / 93.6Bearish
Williams %R (14)

Overbought zone

-12.4Bearish
CCI (20)

Strong expansion

155.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$1.46 (1.61%)Range
Bollinger Bands (20,2)

Width 5.73%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$91.18 / $86.02Range
ATR channel lower / upper

Current Volatility Envelope

$89.34 / $92.26Range

Volume / Money Flow

MFI (14)

Money flow is weak

44.5Bearish
OBV slope

20-period OBV slope

2.75%Bullish
Volume ratio

Relative to 20-period average volume

1.65xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.37Range
Support

Nearest Downside Decision Level

$79.02Range

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