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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

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
73.310 74.715 73.250 74.430 +0.580
Entry Signal

MarketClub’s Trade Triangles for BBY

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 78.30

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2023 at 83.92

short term down The short-term trend has been DOWN since Mar 23rd, 2023 at 75.90

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
73.310 74.715 73.250 74.430 +0.580
Prev. Close Volume Bid Ask Time
73.850 422833 2023-03-28 11:03:04
Year High84.37Year High Date2018-08-22
Year Low60.07Year Low Date2018-11-20
52wk High100.9352wk High Date2022-03-29
52wk Low60.78552wk Low Date2022-10-13
Year End Close11.85Average Volume3,043,919
Shares Outstanding218,046Short Interest34,723,784
% Institutional69.3Market Cap18,116M
P/E Ratio11.7409Beta1.66
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