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Stock Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

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.

NYSE_BBY
Open High Low BBY Price Change
86.29 87.38 86.06 86.50 +0.70
Entry Signal

MarketClub’s Trade Triangles for BBY

long term down The long-term trend has been DOWN since Dec 20th, 2024 at 83.81

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2024 at 85.31

short term down The short-term trend has been DOWN since Dec 31st, 2024 at 85.66

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).

-100
Smart Scan Analysis for BBY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
86.29 87.38 86.06 86.50 +0.70
Prev. Close Volume Bid Ask Time
85.80 593401 2025-01-02 12:22:40
Year High84.37Year High Date2018-08-22
Year Low60.07Year Low Date2018-11-20
52wk High103.7152wk High Date2024-08-29
52wk Low69.2952wk Low Date2024-05-23
Year End Close11.85Average Volume3,060,648
Shares Outstanding213,796Short Interest34,723,784
% Institutional69.3Market Cap18,116M
Assets170,180,000MLiabilities139,360,000M
P/E Ratio14.8186Beta1.66
Volatility41.58
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