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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Best Buy Co., Inc. (NYSE:BBY)

Long-Term Uptrend (+90) - BBY is in a strong uptrend that is likely to continue. While BBY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid BBY?

MarketClub looks at technical strength and momentum to determine if the timing is right for BBY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BBY
Open High Low BBY Price Change
82.0700 82.9599 81.6700 82.0300 +0.1600
Entry Signal

MarketClub’s Trade Triangles for BBY

long term up The long-term trend has been UP since Dec 14th, 2023 at 76.88

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2024 at 76.30

short term up The short-term trend has been UP since Mar 20th, 2024 at 79.08

Smart Scan Analysis for BBY

Based on our trend formula, BBY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BBY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.0700 82.9599 81.6700 82.0300 +0.1600
Prev. Close Volume Bid Ask Time
81.8700 2012653 2024-03-28 15:59:57
Year High84.37Year High Date2018-08-22
Year Low60.07Year Low Date2018-11-20
52wk High86.1152wk High Date2024-02-29
52wk Low62.300152wk Low Date2023-11-10
Year End Close11.85Average Volume4,142,078
Shares Outstanding215,381Short Interest34,723,784
% Institutional69.3Market Cap18,116M
Assets149,670,000MLiabilities119,140,000M
P/E Ratio14.4137Beta1.66
Volatility41.58
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