Breakout Alert: BBY Squeeze Intensifies at $87.48
Neutral
Aug 24, 2026 at 9:02 PM
•
$87.48
(+1.86%)
Shares of Best Buy Co Inc (BBY) rose 1.86% to $87.48 on August 24.
Technical indicators paint a mixed picture:
Moving Averages
Price trades above the 9-day EMA ($86.24) with a bullish stack. The 21-day EMA at $85.28 provides support.
Momentum
RSI at 57.2 is in neutral territory but trending lower. MACD is bearish (1.21 vs signal 1.24).
Volatility
Stock has been in a TTM Squeeze for 14 days, indicating compressed volatility and potential for a significant move.
The bullish trend is intact, but fading MACD momentum suggest waiting for a pullback.
Support sits at $80.58 with resistance at $90.76.