We assign a technical rating of 2 out of 10 to SBUX. Recently some decent action could be observed, but in the medium term time frame this is still negative. SBUX was also a bad performer in the overall market in the last year.
SBUX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 86.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 86.05, a Stop Loss order could be placed below this zone.
More info and screens
77.68
We found 2 important support areas.
- A support zone ranging from 83.63 to 86.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 78.46 to 79.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 86.72 to 87.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @89.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 93.98 to 94.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @96.94 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SBUX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBUX is neutral. |
| ChartMill Relative Strength | 26.84 | NEGATIVE | SBUX has a low relative strength, it was outperformed by 73.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBUX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SBUX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SBUX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.39 | NEUTRAL | The RSI value for SBUX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests SBUX has a positive trend. |
| Stochastics (14,3) | 55.85 | NEUTRAL | The Stochastics value for SBUX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for SBUX suggests some volalility. |
| Average Directional Index/ADX (14) | 11.71 | NEGATIVE | The low ADX value for SBUX suggests a weak or negative trend. |
86.7
+0.79 (+0.92%)
STARBUCKS CORP / SBUX FAQ
What is the technical rating for SBUX stock?
ChartMill assigns a technical rating of 2 / 10 to SBUX.
Can you provide the trend direction for STARBUCKS CORP?
The current trend direction for STARBUCKS CORP (SBUX) is Bearish.
What is the RSI signal for STARBUCKS CORP (SBUX) stock?
STARBUCKS CORP (SBUX) has an RSI value of 56.391. This indicates that the stock is currently neutral.
Can you provide the MACD signal for STARBUCKS CORP?
The MACD indicator for STARBUCKS CORP (SBUX) has a value of 0.189482, indicating a bearish trend.