Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

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

Long-Term Downtrend (-90) - BBY is in a strong downtrend that is likely to continue. While BBY is showing intraday strength, it remains in the confines of a bearish trend. 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
66.11 68.00 65.90 67.65 +0.88
Entry Signal

MarketClub’s Trade Triangles for BBY

long term down The long-term trend has been DOWN since May 11th, 2022 at 85.58

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2022 at 88.88

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 70.03

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).

Smart Scan Analysis for BBY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.11 68.00 65.90 67.65 +0.88
Prev. Close Volume Bid Ask Time
66.77 1168889 2022-07-05 11:59:32
Year High84.37Year High Date2018-08-22
Year Low60.07Year Low Date2018-11-20
52wk High141.9752wk High Date2021-11-22
52wk Low64.2952wk Low Date2022-06-30
Year End Close11.85Average Volume3,542,194
Shares Outstanding225,168Short Interest34,723,784
% Institutional69.3Market Cap18,116M
P/E Ratio7.4189Beta1.66
Get a free daily analysis and signals for Best Buy Co., Inc. (BBY) - Request Your Free Report.