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Stock Trend Analysis Report

Prepared for you on Sunday, June 23, 2024.

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

Long-Term Uptrend (+90) - BBY is in a strong uptrend that is likely to continue. While BBY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
92.3200 92.5152 90.1900 90.3300 -2.0400
Entry Signal

MarketClub’s Trade Triangles for BBY

long term up The long-term trend has been UP since Jun 3rd, 2024 at 84.83

intermediate term up The intermediate-term trend has been UP since May 30th, 2024 at 76.49

short term up The short-term trend has been UP since Jun 17th, 2024 at 88.89

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).

+90
Smart Scan Analysis for BBY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.3200 92.5152 90.1900 90.3300 -2.0400
Prev. Close Volume Bid Ask Time
90.4000 2648225 2024-06-21 15:59:42
Year High84.37Year High Date2018-08-22
Year Low60.07Year Low Date2018-11-20
52wk High93.7252wk High Date2024-06-18
52wk Low62.300152wk Low Date2023-11-10
Year End Close11.85Average Volume4,701,238
Shares Outstanding215,714Short Interest34,723,784
% Institutional69.3Market Cap18,116M
Assets147,520,000MLiabilities116,700,000M
P/E Ratio16.2053Beta1.66
Volatility41.58
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