Apr 10, 2026 at 9:01 PM
•
$62.37
(-3.35%)
Shares of Best Buy Co Inc (BBY) declined 3.35% to $62.37 on April 10.
Chart analysis reveals a bearish configuration:
Moving Averages
Price sits below both the 9-day ($63.72) and 21-day ($63.75) EMAs, suggesting short-term weakness.
Momentum
RSI at 43.2 is neutral but weakening. MACD reads -0.17 against its -0.30 signal line (bullish).
Volatility
Stock has been in a TTM Squeeze for 20 days, indicating compressed volatility and potential for a significant move.
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $61.18.
Watch $61.18 as support and $65.40 as resistance.