BEST BUY CO INC (BBY) Stock Technical Analysis
NYSE:BBY • US0865161014
Overall BBY gets a technical rating of 0 out of 10. BBY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, BBY is a bad performer in the overall market: 84% of all stocks are doing better.
- BBY is part of the Specialty Retail industry. There are 120 other stocks in this industry, of which 73% are performing better than BBY.
- BBY has an average volume of 4539200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BBY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BBY is lagging the market.
- In the last month BBY has a been trading in the 62.77 - 70.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BBY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 69.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 65.10, a Stop Loss order could be placed below this zone.
More info and screens
63.48
We found 1 important support area.
- A support zone ranging from 64.12 to 65.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 69.64 to 70.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @72.22 from a horizontal line in the daily time frame.
- Resistance @77.83 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for BBY is neutral. |
| ChartMill Relative Strength | 16.13 | NEGATIVE | BBY has a low relative strength, it was outperformed by 83.87% 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) | 47.04 | NEUTRAL | The RSI value for BBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests BBY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.74 | NEUTRAL | The Stochastics value for BBY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for BBY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.12 | NEGATIVE | The low ADX value for BBY suggests a weak or negative trend. |
NYSE:BBY (2/12/2026, 3:30:08 PM)
65.23
-1.85 (-2.76%)
BEST BUY CO INC / BBY 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.
What is the RSI signal for BEST BUY CO INC (BBY) stock?
BEST BUY CO INC (BBY) has an RSI value of 47.043. This indicates that the stock is currently neutral.
What is the MACD signal for BEST BUY CO INC (BBY) stock?
The MACD indicator for BEST BUY CO INC (BBY) has a value of 0.391875, indicating a bearish trend.