BEST BUY CO INC (BBY) Technical Analysis
NYSE:BBY • US0865161014
Current stock price
BBY Technical Rating and Analysis
Taking everything into account, BBY scores 0 out of 10 in our technical rating. BBY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BBY is a bad performer in the overall market: 81% of all stocks are doing better.
- BBY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BBY has a been trading in the 58.17 - 68.20 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BBY has an average volume of 4609520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BBY is an average performer in the Specialty Retail industry, it outperforms 40% of 123 stocks in the same industry.
BBY Weekly and Daily overview Charts
BBY Setup Rating and Analysis
The technical rating of BBY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BBY Support and Resistance Analysis
59.32
We can see 5 important resistance areas.
- A resistance zone ranging from 62.65 to 63.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 65.28 to 65.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 66.94 to 67.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @74.10 from a trend line in the weekly time frame.
- Resistance @77.38 from a trend line in the weekly time frame.
BBY Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BBY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBY is down. |
| ChartMill Relative Strength | 19.48 | NEGATIVE | BBY has a low relative strength, it was outperformed by 80.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BBY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.13 | NEUTRAL | The RSI value for BBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests BBY has a negative trend. |
| Stochastics (14,3) | 4 | OVERSOLD | The low Stochastics value suggests BBY may be oversold. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for BBY suggests some volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for BBY suggests a weak or negative trend. |
BBY Chart- and CandleStick Pattern Analysis
BBY Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:BBY (4/30/2026, 11:20:10 AM)
59.92
+1.19 (+2.03%)
BEST BUY CO INC / BBY TA FAQ
What is the ChartMill technical rating of BEST BUY CO INC (BBY) stock?
ChartMill assigns a technical rating of 0 / 10 to BBY.
What is the current trend direction of BEST BUY CO INC (BBY) stock?
The current trend direction for BEST BUY CO INC (BBY) is Bearish.
Can you provide the RSI signal for BEST BUY CO INC?
BEST BUY CO INC (BBY) has an RSI value of 35.1299. This indicates that the stock is currently neutral.
What is the short term momentum for BBY stock?
The short term momentum for BEST BUY CO INC (BBY) is negative.
Can you provide the support and resistance levels for BEST BUY CO INC?
BEST BUY CO INC (BBY) has a resistance level at 62.65. Check the full technical report for our detailed analysis of BBY support and resistance levels.