Best Buy (BBY, $72.03) price may climb as it broke lower Bollinger Band on May 01, 2024

A.I.dvisor
at Tickeron.com
05/02/24
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BBY - Best Buy Company
Bollinger signal
Bullish Trend
Odds of UP Trend
Bollinger signal
Price: $72.03
Daily change: -$1.61 (-2.19%)
Daily volume: 2.5M
Capitalization: $15.6B
Industry: Specialty Stores
This price move could be a signal that BBY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 38 similar cases where BBY's price broke its lower Bollinger Band, and of them led to a successful outcome. Odds of Success:
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BBYDaily Signal changed days agoGain/Loss if shorted
 
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published General Information

General Information

a retailer of consumer electronics, entertainment software and appliances

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Electronics Or Appliance Stores
Address
7601 Penn Avenue South
Phone
+1 612 291-1000
Employees
85000
Web
https://www.investors.bestbuy.com