Technical Analysis for BBY - Best Buy Co., Inc.

Grade Last Price % Change Price Change
D 73.03 -0.25% -0.19
BBY closed up 0.43 percent on Friday, June 2, 2023, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It ran into resistance at its 50 day moving average.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up

Date Alert Name Type % Chg
50 DMA Resistance Bearish -0.25%
NR7 Range Contraction -0.25%
Gapped Up Strength -0.25%
20 DMA Support Bullish 0.17%
20 DMA Support Bullish 0.49%
Gapped Down Weakness 0.49%
200 DMA Resistance Bearish -0.51%
Fell Below 50 DMA Bearish -0.51%
Gapped Up Strength -0.51%
Upper Bollinger Band Touch Strength -0.51%

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Alert Time
Rose Above 50 DMA about 4 hours ago
50 DMA Resistance about 4 hours ago
Fell Below Previous Day's Low about 4 hours ago
Possible NR7 3 days ago
60 Minute Opening Range Breakdown 3 days ago

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Best Buy Co., Inc. Description

Best Buy Co., Inc. operates as an e-commerce and physical retailer of consumer electronics in the United States, Europe, Canada, and China. The company's stores offer video products, including televisions, e-readers, navigation products, digital cameras and accessories, digital camcorders and accessories, and DVD and Blu-ray players; audio products, such as MP3 players and accessories, home theater audio systems and components, and musical instruments; and mobile electronics comprising car stereo and satellite radio products. Its stores also provide computing and mobile phone products consisting of notebook and desktop computers, tablets, monitors, mobile phones and related subscription service commissions, hard drives and other storage devices, and networking equipment, as well as office supplies and other related accessories, such as printers; entertainment products, including video gaming hardware and software, DVDs, Blu-rays, CDs, digital downloads, and computer software; and appliances. In addition, the company offers service contracts, extended warranties, computer-related services, and product repair, as well as delivery and installation services for home theaters, and mobile audio and appliances; and provides snacks and beverages. It operates retail stores and call centers, as well as online retail operations under various brand names, such as Best Buy, Best Buy Mobile, The Carphone Warehouse, Five Star, Future Shop, Geek Squad, Magnolia Audio Video, Pacific Sales, Cell Shop, Connect Pro, Best Buy Express, and The Phone House. The company also operates,,,,, and Best Buy Co., Inc. has a strategic partnership with Microsoft Corporation to create the Windows Stores. The company was formerly known as Sound of Music, Inc. and changed its name to Best Buy Co., Inc. in 1983. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.


Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: S&P 500 Computing Telecommunications Retail Store Information And Communications Technology Consumer Electronics E-Commerce Camera Mobile Phone Videotelephony Online Retail Cellular Telephone Installation Services Subscription Services Satellite Radio Digital Camera Video Gaming Audio Systems Computer Software Storage Devices Office Supplies Video Products Entertainment Products MP3 Audio Products Retail Operations E-Reader E Readers Physical Retail Best Buy Blu Ray Navigation Products

Is BBY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 92.2111
52 Week Low 60.0659
Average Volume 2,116,943
200-Day Moving Average 75.44
50-Day Moving Average 73.30
20-Day Moving Average 72.10
10-Day Moving Average 71.73
Average True Range 2.13
RSI (14) 52.15
ADX 13.11
+DI 26.45
-DI 20.29
Chandelier Exit (Long, 3 ATRs) 69.59
Chandelier Exit (Short, 3 ATRs) 74.82
Upper Bollinger Bands 74.93
Lower Bollinger Band 69.26
Percent B (%b) 0.7
BandWidth 7.86
MACD Line -0.20
MACD Signal Line -0.54
MACD Histogram 0.3398
Fundamentals Value
Market Cap 18.95 Billion
Num Shares 259 Million
EPS 6.56
Price-to-Earnings (P/E) Ratio 11.16
Price-to-Sales 0.63
Price-to-Book 6.90
PEG Ratio 1.42
Dividend 2.20
Dividend Yield 3.01%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 74.97
Resistance 3 (R3) 75.13 74.70 74.68
Resistance 2 (R2) 74.70 74.25 74.62 74.58
Resistance 1 (R1) 73.96 73.97 73.74 73.80 74.48
Pivot Point 73.53 73.53 73.42 73.45 73.53
Support 1 (S1) 72.78 73.08 72.57 72.62 71.94
Support 2 (S2) 72.35 72.80 72.27 71.84
Support 3 (S3) 71.61 72.35 71.74
Support 4 (S4) 71.45