Best Buy (BBY) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for BBY · data as of Jun 30, 2026. The chart above is live; the read below updates daily.
$75.88last close · Jun 30, 2026
BBY falling wedge pattern
BBY is currently forming a Falling Wedge on the daily timeframe. Detected Jun 30, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $70.97 (+12.6%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; BBY's own falling wedges have hit 38.2%.
BBY's most recent completed Falling Wedge resolved as a loss: it broke higher on Apr 15, 2026 near $63.39, then was stopped out at $59.27 on Apr 27, 2026 — a -1.14R move (6.5%) over 8 sessions. Across 126 backtested falling wedges, this setup wins 46.0% of the time.
OutcomeLossResult-1.14REntry$63.39Exit$59.27
How falling wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
BBY win rate
38.2%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
BBY support and resistance levels
Price found a floor near $56.22 about 6 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $93.23 — still about 23% away.
Traders commonly watch $93.23 as a target (its 78.6% 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 $56.22 floor about 6 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.
Nearest auto-detected support sits near $58.17, resistance near $90.05. These are chart/swing-derived levels, not formula pivots.
Resistance
$90.05$228.33
Support
$58.17$55.50$54.31$50.12
BBY recent daily prices
Date
Open
High
Low
Close
Jun 30, 2026
$76.90
$76.95
$74.75
$75.88
Jun 29, 2026
$77.50
$78.14
$75.76
$77.64
Jun 26, 2026
$77.82
$78.26
$77.03
$77.71
Jun 25, 2026
$77.13
$78.63
$76.84
$76.89
Jun 24, 2026
$76.06
$77.95
$75.72
$77.63
Jun 23, 2026
$73.84
$75.35
$72.52
$75.15
Jun 22, 2026
$75.90
$77.89
$75.44
$76.01
Jun 18, 2026
$72.77
$75.71
$72.51
$74.73
Jun 17, 2026
$75.58
$76.18
$73.04
$73.10
Jun 16, 2026
$77.39
$78.10
$75.40
$75.58
BBY frequently asked questions
What chart pattern is BBY forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Falling Wedge on Best Buy (BBY) on the daily chart, with a measured-move target of $70.97.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on BBY is a bullish pattern, projecting a measured-move target of $70.97. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. 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 Jun 30, 2026), BBY's nearest support is around $58.17 and nearest resistance around $90.05.
What is the price target if BBY's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $70.97 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BBY's closing price on Jun 30, 2026?
Best Buy (BBY) last closed at $75.88 on Jun 30, 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.
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