NASDAQ:SBUX - Nasdaq - US8552441094 - Common Stock - Currency: USD
Overall SBUX gets a technical rating of 1 out of 10. SBUX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SBUX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 79.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SBUX in the last couple of days, which is a good sign.
78.89
When analyzing the support we notice one important area.
When analyzing the resistance we notice 3 important areas.
82.98
-2.61 (-3.05%)