Stock Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
Best Buy Co., Inc. (NYSE:BBY)
Countertrend Down (-85) - BBY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for BBY
The long-term trend has been DOWN since Dec 1st, 2021 at 103.42
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 122.70
The short-term trend has been UP since Dec 6th, 2021 at 108.41
Smart Scan Analysis for BBY
Based on our trend formula, BBY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||84.37||Year High Date||2018-08-22|
|Year Low||60.07||Year Low Date||2018-11-20|
|52wk High||141.97||52wk High Date||2021-11-22|
|52wk Low||95.93||52wk Low Date||2021-03-04|
|Year End Close||11.85||Average Volume||3,837,212|
|Shares Outstanding||245,964||Short Interest||34,723,784|
|% Institutional||69.3||Market Cap||18,116M|