Best Buy Co Stock Momentum Indicators Minus Directional Movement

BBY Stock  USD 89.54  3.03  3.50%   
Best Buy momentum indicators tool provides the execution environment for running the Minus Directional Movement indicator and other technical functions against Best Buy. Best Buy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Minus Directional Movement indicator function is designed to identify and follow existing trends. Momentum indicators of Best Buy are pattern recognition functions that provide distinct formation on Best Buy potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was two with a total number of output elements of fifty-nine. The Minus Directional Movement indicator shows the difference between two consecutive lows of Best Buy price series.

Best Buy Technical Analysis Modules

Most technical analysis of Best Buy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Best from various momentum indicators to cycle indicators. When you analyze Best charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Best Buy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Best Buy Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Best Buy Co based on widely used predictive technical indicators. In general, we focus on analyzing Best Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Best Buy's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Best Buy's intrinsic value. In addition to deriving basic predictive indicators for Best Buy, we also check how macroeconomic factors affect Best Buy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2010 2014 2020 2024 (projected)
Dividend Yield0.02890.02350.04860.0204
Price To Sales Ratio0.190.510.380.0561
Hype
Prediction
LowEstimatedHigh
87.3389.5891.83
Details
Intrinsic
Valuation
LowRealHigh
80.7482.9998.49
Details
Naive
Forecast
LowNextHigh
84.6286.8689.11
Details
30 Analysts
Consensus
LowTargetHigh
74.4581.8190.81
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Best Buy. Your research has to be compared to or analyzed against Best Buy's peers to derive any actionable benefits. When done correctly, Best Buy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Best Buy.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Additional Tools for Best Stock Analysis

When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.