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Best Buy (BBY) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for BBY · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$86.35last close · Aug 4, 202652-week range $55.10 – $91.27 · 5.39% below the high

BBY Triangle Pattern

BBY is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $88.08 (+11.2%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; BBY's own triangles have hit 62.9%.

DirectionBullishTarget$88.08Projected move+11.2%Breakout level$80.26

New to this pattern? What a triangle is and how to trade it →

BBY's Most Recent Triangle Trade

BBY's most recent completed triangle resolved as a win: it broke higher on Jul 10, 2026 near $80.75, then reached its target at $86.26 on Jul 31, 2026 — a +0.92R move (6.8%) over 15 sessions. Across 158 backtested triangles, this setup wins 51.9% of the time.

OutcomeWinResult+0.92REntry$80.75Exit$86.26

Learn about triangle

How Triangles Have Performed

Win rate

52.4%

Avg return

+0.36R

Backtested trades

13,619

BBY win rate

62.9%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

BBY Pattern Trade History

Every completed pattern trade our nightly backtest found on BBY's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Triangle	Jul 10, 2026 @ $80.75	Jul 31, 2026 @ $86.26	Win	+0.92R
Falling Wedge	Apr 16, 2026 @ $63.73	Apr 27, 2026 @ $59.27	Loss	-1.13R
Falling Wedge	Apr 10, 2026 @ $65.15	Apr 27, 2026 @ $59.27	Loss	-1.12R
Falling Wedge	Mar 30, 2026 @ $63.52	Apr 27, 2026 @ $59.27	Loss	-1.17R
Triangle	Mar 24, 2026 @ $61.86	May 13, 2026 @ $56.67	Win	+0.80R
Triangle	Aug 19, 2025 @ $73.20	Oct 31, 2025 @ $82.14	Win	+0.91R
Triangle	Jul 16, 2025 @ $68.08	Aug 22, 2025 @ $75.39	Loss	-1.10R
Falling Wedge	Feb 10, 2025 @ $86.15	Mar 4, 2025 @ $75.20	Loss	-2.17R
Falling Wedge	Jan 28, 2025 @ $85.45	Mar 4, 2025 @ $75.20	Loss	-2.41R
Falling Wedge	Jan 15, 2025 @ $82.72	Feb 14, 2025 @ $91.10	Loss	-1.21R
Triangle	Jan 3, 2025 @ $84.73	Feb 14, 2025 @ $91.10	Loss	-1.29R
Falling Wedge	Dec 20, 2024 @ $83.78	Mar 4, 2025 @ $76.49	Win	+0.94R

BBY Support and Resistance Levels

Price is being turned away at a ceiling near $86.69 and starting to slide. On the weekly chart, the next floor below sits near $48.11 — about 44% away.

Traders commonly watch $48.11 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on yet — the spot to watch is right at the $86.69 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $85.23. These are chart/swing-derived levels, not formula pivots.

Support

$85.23$81.60$55.13$48.74

BBY Recent Daily Prices

Date	Open	High	Low	Close
Aug 4, 2026	$83.67	$87.03	$83.08	$86.35
Aug 3, 2026	$85.49	$86.56	$82.82	$85.25
Jul 31, 2026	$87.45	$87.57	$86.08	$86.26
Jul 30, 2026	$88.99	$89.75	$87.72	$87.82
Jul 29, 2026	$89.00	$91.27	$88.25	$90.17
Jul 28, 2026	$89.10	$90.72	$88.84	$89.47
Jul 27, 2026	$86.49	$89.28	$86.28	$88.45
Jul 24, 2026	$83.85	$86.03	$83.75	$85.43
Jul 23, 2026	$87.02	$87.02	$83.45	$84.43
Jul 22, 2026	$86.00	$87.24	$85.37	$87.11

BBY Frequently Asked Questions

What chart pattern is BBY forming right now?

As of Aug 4, 2026, TradingPal's detector identifies a triangle on Best Buy (BBY) on the daily chart, with a measured-move target of $88.08.

Is a triangle bullish or bearish?

The triangle detected on BBY is a bullish pattern, projecting a measured-move target of $88.08. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a triangle pattern, and what is its win rate?

Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.

What are the support and resistance levels for BBY?

Based on auto-detected, swing-derived levels (as of Aug 4, 2026), BBY's nearest support is around $85.23 and nearest resistance around n/a.

What is the price target if BBY's pattern breaks out?

The detected triangle has a geometry-based measured-move target of $88.08 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was BBY's closing price on Aug 4, 2026?

Best Buy (BBY) last closed at $86.35 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.