BBY Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Best Buy Co Inc (BBY) Moving Averages Convergence Divergence (MACD) indicator is -1.414, suggesting BBY is Sell.

Best Buy Co Inc (BBY) 20-Day simple moving average is 61.245, while Best Buy Co Inc (BBY) share price is $59.4, making it Sell.

Best Buy Co Inc (BBY) 60-Day simple moving average is 63.041, while Best Buy Co Inc (BBY) share price is $59.4, making it Sell.

Technical Analysis for BBY

Technical Sentiment Analysis for Best Buy Co Inc (BBY) As of 2026-05-08, Best Buy Co Inc (BBY) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 4 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BBY stands at 43.385, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.414, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 19.06 and the Commodity Channel Index (CCI) at -65.258 further confirm a -1.05 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BBY is trading below its 60-day moving average of $63.041 and below its 200-day long-term moving average of $70.154. Key price levels to watch include the immediate resistance at $61.239 and strong support at $56.639. A break above $61.239 could signal a bull continuation, while falling below $56.639 may test the next Fibonacci floor at $54.36.

Best Buy Co Inc (BBY) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	52.039	54.36	56.639	58.96	61.239	63.56	65.839
Fibonacci	54.36	56.117	57.202	58.96	60.717	61.802	63.56

Best Buy Co Inc (BBY) Technical Indicators

2026-05-08

Name	Value
RSI_14	43.385
STOCHk_14_3_3	19.06
STOCHd_14_3_3	13.285
CCI_20	-65.258
AO_5_34	-3.848
MOM_10	-1.05
MACD_12_26_9	-1.414

Best Buy Co Inc (BBY) Relative Strength Index (RSI) is 43.385, creating a Neutral signal.

Best Buy Co Inc (BBY) Stochastic Oscillator is 19.06, creating a Buy signal.

Best Buy Co Inc (BBY) Stochastic RSI is 13.285, creating a Buy signal.

Best Buy Co Inc (BBY) Commodity Channel Index (CCI) is -65.258, creating a Neutral signal.

Best Buy Co Inc (BBY) Awesome Oscillator is -3.848, creating a Sell signal.

Best Buy Co Inc (BBY) Momentum is -1.05, creating a Sell signal.

Best Buy Co Inc (BBY) MACD is -1.414, creating a Sell signal.

Best Buy Co Inc (BBY) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	58.308	Buy
MA_10	58.919	Buy
MA_20	61.245	Sell
MA_60	63.041	Sell
MA_200	70.154	Sell
MA_250	70.177	Sell

Best Buy Co Inc (BBY) 5-Day simple moving average is 58.308, while Best Buy Co Inc (BBY) share price is $59.4, making it a Buy.

Best Buy Co Inc (BBY) 10-Day simple moving average is 58.919, while Best Buy Co Inc (BBY) share price is $59.4, making it a Buy.

Best Buy Co Inc (BBY) 20-Day simple moving average is 61.245, while Best Buy Co Inc (BBY) share price is $59.4, making it a Sell.

Best Buy Co Inc (BBY) 60-Day simple moving average is 63.041, while Best Buy Co Inc (BBY) share price is $59.4, making it a Sell.

Best Buy Co Inc (BBY) 200-Day simple moving average is 70.154, while Best Buy Co Inc (BBY) share price is $59.4, making it a Sell.

Best Buy Co Inc (BBY) 250-Day simple moving average is 70.177, while Best Buy Co Inc (BBY) share price is $59.4, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for BBY?

The overall technical consensus for Best Buy Co Inc (BBY) is currently Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 3 sell signals.

What are the key support and resistance levels for Best Buy Co Inc (BBY) today?

Based on pivot point calculations, Best Buy Co Inc (BBY) has an immediate support level at 56.639 and a major resistance level at 61.239. Traders also monitor the pivot point at 58.96 to determine the intraday trend direction.

Is Best Buy Co Inc (BBY) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Best Buy Co Inc (BBY) is currently 43.385. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Best Buy Co Inc (BBY)?

Best Buy Co Inc (BBY) Moving Averages Convergence Divergence (MACD) indicator is -1.414, suggesting BBY is Sell. This indicator helps identify potential trend reversals or momentum shifts for Best Buy Co Inc.

How is Best Buy Co Inc (BBY) performing relative to its 200-day moving average?

Best Buy Co Inc (BBY) is currently trading at $59.4, which is below its 200-day simple moving average of 70.154. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.