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S&P 500 Oversold StocksArchive
- 1/10/2025 -
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Best Buy Co., Inc. (BBY) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Best Buy Co., Inc. (BBY). During the week, the BBY gave back -0.35 points, or -0.42%, and closed at 83.27 on Friday, January 10, 2025. Weekly volume was -23% below average.
BBY is a member of Consumer Discretionary Sector. Consumer Discretionary is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See BBY long-term trend chart]
A long-term uptrend had started on November 10, 2023 at 62.30 and reached 103.71 on August 29, 2024. BBY gained -41.41 points, or -66.47%, in 41 weeks. The price is now at the 49.36% retracement level.
 Medium-term trend: [See BBY medium-term trend chart]
A medium-term downtrend had started on August 29, 2024 at 103.71 and reached 82.74 on January 8, 2025. BBY lost 20.97 points, or 20.22%, in 18 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See BBY weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since October 25, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See BBY short-term trend chart]
A short-term downtrend had started on December 26, 2024 at 89.67 and reached 82.74 on January 8, 2025. BBY lost 6.93 points, or 7.73%, in 13 days. The price is now at the 7.65% retracement level.
 Daily Technical Indicators: [See BBY daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since January 2, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
10 |
| Industry |
Computer & Electronics Retail |
12 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
89.67 |
| High Date |
12/26/2024 |
| Low |
82.74 |
| Low Date |
01/08/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
103.71 |
| High Date |
08/29/2024 |
| Low |
82.74 |
| Low Date |
01/08/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
62.30 |
| Low Date |
11/10/2023 |
| High |
103.71 |
| High Date |
08/29/2024 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
60.79 |
| Low Date |
10/13/2022 |
| High |
103.71 |
| High Date |
08/29/2024 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
141.97 |
| High Date |
11/22/2021 |
| Low |
60.79 |
| Low Date |
10/13/2022 |
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