LON:BBY - London Exchange - GB0000961622 - Common Stock - Currency: GBX
Taking everything into account, BBY scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BBY is showing a nice and steady performance.
BBY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 502.39, a Stop Loss order could be placed below this zone.
416.45
We found 2 important support areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BBY.L is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBY.L is up. |
ChartMill Relative Strength | 88.27 | POSITIVE | BBY.L has a high relative strength, it outperformed 88.27% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of BBY.L is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBY.L is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBY.L is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.95 | NEUTRAL | The RSI value for BBY.L is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.85 | NEGATIVE | The MACD value suggests BBY.L has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 57.36 | NEUTRAL | The Stochastics value for BBY.L is a neutral value. |
Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for BBY.L suggests low volalility. |
Average Directional Index/ADX (14) | 32.52 | POSITIVE | The high ADX value value for BBY.L suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
502.09 | 497.38 | 4.71 (0.94%) | 25.00% |
An entry @502.09. This is a Buy Stop order right above the 10 day moving average. | An exit @497.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.71 points, which is 0.94%. | For a 0.23% total portfolio risk, you can invest 25.00% of your capital in this trade. |
LON:BBY (6/19/2025, 10:25:59 AM)
497.4
-6.1 (-1.21%)