Best Buy(BBY)

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

Auto-detected technical analysis for BBY · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$87.11last close · Jul 22, 202652-week range $55.10$87.35 · 0.27% below the high
Rising Wedge · playing out now

BBY is breaking out above a rising wedge — these usually break lower, so a push higher instead is a notably bullish turn.

On this chart, setups like it have followed through about 59% of the time.

As long as price stays above $74.75, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $87.22 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

BBY Rising Wedge Pattern

BBY is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBullishTarget$87.22Projected move+10.4%Breakout level$79.90

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

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
BBY win rate
51.7%

Historical pattern statistics (1987-01-30 – 2026-07-13), 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.

PatternEntryExitOutcomeResult
Falling WedgeApr 6, 2026 @ $64.52Apr 27, 2026 @ $59.27Loss+11.4% · -1.13R
Falling WedgeMar 30, 2026 @ $63.52Apr 27, 2026 @ $59.27Loss+11.2% · -1.17R
TriangleOct 16, 2025 @ $78.56Oct 31, 2025 @ $82.14Win+8.6% · +0.44R
TriangleAug 19, 2025 @ $73.20Oct 31, 2025 @ $82.14Win+16.6% · +0.91R
TriangleJul 16, 2025 @ $68.08Aug 22, 2025 @ $75.39Loss+16.5% · -1.10R
Falling WedgeFeb 10, 2025 @ $86.15Mar 4, 2025 @ $75.20Loss+9.0% · -2.17R
Falling WedgeJan 27, 2025 @ $85.30Mar 4, 2025 @ $75.20Loss+11.3% · -2.46R
TriangleJan 3, 2025 @ $84.73Feb 14, 2025 @ $91.10Loss+9.8% · -1.29R
TriangleDec 9, 2024 @ $87.64Mar 4, 2025 @ $80.46Win+8.9% · +0.91R
Bullish PennantSep 26, 2024 @ $100.00Oct 17, 2024 @ $96.28Loss+9.4% · -1.13R
Falling WedgeAug 23, 2024 @ $86.64Sep 10, 2024 @ $96.37Win+13.9% · +1.20R
TriangleApr 12, 2024 @ $78.66May 23, 2024 @ $70.04Win+12.0% · +1.85R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

BBY Support and Resistance Levels

Price found a floor near $55.23 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $282.70 — still about 225% away.

  • Traders commonly watch $282.70 as a target (its 261.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $55.23 floor about 2 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

BBY Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$86.00$87.24$85.37$87.11
Jul 21, 2026$84.62$85.24$83.08$85.22
Jul 20, 2026$85.71$85.85$84.12$85.13
Jul 17, 2026$85.90$87.10$84.51$85.41
Jul 16, 2026$85.55$87.35$85.01$85.29
Jul 15, 2026$84.11$86.35$83.81$85.37
Jul 14, 2026$81.71$84.13$80.24$83.98
Jul 13, 2026$82.27$83.83$81.25$81.65
Jul 10, 2026$80.58$83.14$80.17$82.80
Jul 9, 2026$78.58$80.39$78.44$79.99

BBY Frequently Asked Questions

What chart pattern is BBY forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Best Buy (BBY) on the daily chart, with a measured-move target of $87.22.
Is a rising wedge bullish or bearish?
The rising wedge detected on BBY is a bullish pattern, projecting a measured-move target of $87.22. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if BBY's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $87.22 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BBY's closing price on Jul 22, 2026?
Best Buy (BBY) last closed at $87.11 on Jul 22, 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.