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Stock Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

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

Strong Downtrend (-100) - BBY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BBY continues to fall. Traders should use caution and set stops.

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.

Open High Low BBY Price Change
70.56 70.76 69.03 69.25 -1.20
Entry Signal

MarketClub’s Trade Triangles for BBY

long term down The long-term trend has been DOWN since Sep 18th, 2023 at 70.391

intermediate term down The intermediate-term trend has been DOWN since Aug 8th, 2023 at 79.360

short term down The short-term trend has been DOWN since Sep 5th, 2023 at 74.640

Smart Scan Analysis for BBY

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

Smart Scan Analysis for BBY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.56 70.76 69.03 69.25 -1.20
Prev. Close Volume Bid Ask Time
69.25 1890274 2023-09-22 15:59:59
Year High84.37Year High Date2018-08-22
Year Low60.07Year Low Date2018-11-20
52wk High93.321552wk High Date2023-02-02
52wk Low60.78552wk Low Date2022-10-13
Year End Close11.85Average Volume2,603,452
Shares Outstanding217,638Short Interest34,723,784
% Institutional69.3Market Cap18,116M
P/E Ratio12.1465Beta1.66
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