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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Best Buy Co., Inc. (NYSE:BBY)
Sidelines Mode (-50) - BBY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BBY can gain momentum.
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.
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MarketClub’s Trade Triangles for BBY
The long-term trend has been UP since Jun 3rd, 2024 at 84.83
The intermediate-term trend has been DOWN since Jun 26th, 2024 at 85.09
The short-term trend has been DOWN since Jul 26th, 2024 at 86.96
Smart Scan Analysis for BBY
Based on our trend formula, BBY is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 88.1000 | 88.7000 | 86.7781 | 87.3250 | -0.0250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 87.3500 | 1440864 | 2024-07-26 15:59:51 |
| Year High | 84.37 | Year High Date | 2018-08-22 |
| Year Low | 60.07 | Year Low Date | 2018-11-20 |
| 52wk High | 93.72 | 52wk High Date | 2024-06-18 |
| 52wk Low | 62.3001 | 52wk Low Date | 2023-11-10 |
| Year End Close | 11.85 | Average Volume | 3,017,735 |
| Shares Outstanding | 215,714 | Short Interest | 34,723,784 |
| % Institutional | 69.3 | Market Cap | 18,116M |
| Assets | 147,520,000M | Liabilities | 116,700,000M |
| P/E Ratio | 15.3246 | Beta | 1.66 |
| Volatility | 41.58 |