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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Weak Downtrend (-65) - BBY is showing signs of a strengthening downtrend. Monitor BBY as it may be building momentum to the downside.

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
87.740 87.910 86.100 87.045 -1.955
Entry Signal

MarketClub’s Trade Triangles for BBY

long term up The long-term trend has been UP since Jun 3rd, 2024 at 84.830

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2024 at 96.600

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 90.195

Smart Scan Analysis for BBY

Based on our trend formula, BBY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BBY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
87.740 87.910 86.100 87.045 -1.955
Prev. Close Volume Bid Ask Time
87.020 2168933 2024-11-19 15:59:29
Year High84.37Year High Date2018-08-22
Year Low60.07Year Low Date2018-11-20
52wk High103.7152wk High Date2024-08-29
52wk Low62.9252wk Low Date2023-11-21
Year End Close11.85Average Volume2,598,957
Shares Outstanding214,725Short Interest34,723,784
% Institutional69.3Market Cap18,116M
Assets156,240,000MLiabilities125,170,000M
P/E Ratio15.3713Beta1.66
Volatility41.58
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