US stock / ETF

Best Buy Company, Inc.

BBY · NYSE · USD

4 hoursBearish75%
4h Downside probability 75%Bearish

BBY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $86.78 and stabilize above resistance $91.23.

Invalidation Trigger

Break above $91.23 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.3, MACD -0.576

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.09 (1.28%)

4h

EMA Structure

Range
EMA 8$85.83Bearish
EMA 21$86.78Bearish
EMA 50$85.91Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.3 · MACD -0.576

Momentum is weak

Strength
Bearish
Volatility
ATR $1.09 · BB 8.98%

Low volatility

Strength
Bullish
Volume
MFI 29.6 · OBV -3.66%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$82.87 - $91.23

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.3% · 6.5 ATR above latest close

$92.32
Nearest resistance

+7.01% · 5.5 ATR above · 34-bar high

$91.23
Current price

Price shown is delayed

$85.25
Nearest support

-2.79% · 2.2 ATR below · 34-bar low

$82.87
Deeper support zone

-4.07% · 3.2 ATR below latest close

$81.78
ATR zone

Latest close ± ATR14

$84.16 - $86.34

Indicators

Trend

Dow Theory Structure

Confirmation $82.87, invalidation $86.8

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

Trend strength is active

48.6 / 6.6 / 53.6Bearish
Supertrend (10,3)

Price is above Supertrend

$81.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.22 / $87.05Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Volatility

ATR (14)

Low volatility

$1.09 (1.28%)Bullish
Bollinger Bands (20,2)

Width 8.98%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.11 / $84.42Bullish
ATR channel lower / upper

Current Volatility Envelope

$84.16 / $86.34Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.23Range
Support

Nearest Downside Decision Level

$82.87Range

Momentum

RSI (14)

Momentum is weak

42.3Bearish
MACD (12,26,9)

Histogram is negative

-0.576Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 20.5Bullish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Weak expansion

-107.6Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.6Bearish
OBV slope

20-period OBV slope

-3.66%Bearish
Volume ratio

Relative to 20-period average volume

1.91xBullish

Trend

Dow Theory Structure

Confirmation $82.87, invalidation $86.8

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

Trend strength is active

48.6 / 6.6 / 53.6Bearish
Supertrend (10,3)

Price is above Supertrend

$81.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.22 / $87.05Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Momentum

RSI (14)

Momentum is weak

42.3Bearish
MACD (12,26,9)

Histogram is negative

-0.576Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 20.5Bullish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Weak expansion

-107.6Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volatility

ATR (14)

Low volatility

$1.09 (1.28%)Bullish
Bollinger Bands (20,2)

Width 8.98%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.11 / $84.42Bullish
ATR channel lower / upper

Current Volatility Envelope

$84.16 / $86.34Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.6Bearish
OBV slope

20-period OBV slope

-3.66%Bearish
Volume ratio

Relative to 20-period average volume

1.91xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.23Range
Support

Nearest Downside Decision Level

$82.87Range

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