Best Buy Lower With High Volume

bby New York, November 21st (TradersHuddle.com) - Unusual high volume detected on shares of Best Buy Co., Inc. (NYSE:BBY) early in the trading session. The pace in volume of Best Buy is already above average, with sellers in control, as the stock is 3.26% lower.

Best Buy Co., Inc. (NYSE:BBY) retails consumer electronics, computers, entertainment software, appliances and related services through its retail stores, as well as its web site.

Best Buy has already traded 1.085 times its 3-month average volume and has calculated support and resistance at $13.52 and $16.25 respectively. Traders like to use volume as their lie detector for price action movement through predefined trading ranges.

The overall market index S&P 500 is trading flat by 0% from its previous trading close, which means that Best Buy stock is underperforming the overall market.



Related Articles

    Related Partner Headlines

      JIM CRAMER wants to work for YOU. JIM does the research -- YOU get email alerts each time he trades. JIM provides access to his actual portfolio -- YOU can use it to guide your portfolio strategy. Try Jim's Action Alerts PLUS for FREE!

      TradersHuddle Search

      Stock Search:


      Site Search:

      Loading

      Technical Scans

      Recent Trading Ideas

      Latest Partner Headlines

      Stock Market

      Loading
      Chart
      o Dow Jones 17,966.64 ▼68.29 (-0.38%)
      o S&P 500 2,098.22 ▼2.18 (-0.10%)
      o NASDAQ 5,018.24 ▲23.64 (0.47%)
      INDEXDJX:.DJI

      Dow Jones

      Company ID [INDEXDJX:.DJI] Last trade:17,966.64 Trade time:1:48PM EDT Value change:▼68.29 (-0.38%)
      INDEXSP:.INX

      S&P 500

      Company ID [INDEXSP:.INX] Last trade:2,098.22 Trade time:1:48PM EDT Value change:▼2.18 (-0.10%)
      INDEXNASDAQ:.IXIC

      NASDAQ

      Company ID [INDEXNASDAQ:.IXIC] Last trade:5,018.24 Trade time:1:48PM EDT Value change:▲23.64 (0.47%)

      In The Wires

      Copyright © 2013 TradersHuddle.com. All Rights Reserved.