STARBUCKS CORP (SBUX) Technical Analysis
NASDAQ:SBUX • US8552441094
Current stock price
SBUX Technical Rating and Analysis
Overall SBUX gets a technical rating of 4 out of 10. In the last year, SBUX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month SBUX has a been trading in the 91.58 - 102.44 range, which is quite wide. It is currently trading near the lows of this range.
- SBUX has an average volume of 9485430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the performance of all stocks over the past year, SBUX turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- SBUX is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, SBUX did better than 65% of them.
- SBUX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SBUX is lagging the market slightly.
SBUX Weekly and Daily overview Charts
SBUX Setup Rating and Analysis
Although the technical rating is only medium, SBUX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 92.55, a Stop Loss order could be placed below this zone.
More info and screens
SBUX Support and Resistance Analysis
79.50
4 important support areas can be observed.
- Support @92.55 from a horizontal line in the daily time frame.
- A support zone ranging from 88.80 to 89.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @83.97 from a horizontal line in the weekly time frame.
- A support zone ranging from 80.30 to 80.86. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 95.93 to 97.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @99.45 from a horizontal line in the weekly time frame.
- Resistance @101.44 from a horizontal line in the daily time frame.
SBUX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for SBUX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBUX is down. |
| ChartMill Relative Strength | 53.7 | NEUTRAL | SBUX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBUX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SBUX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBUX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.48 | NEUTRAL | The RSI value for SBUX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.86 | NEGATIVE | The MACD value suggests SBUX has a negative trend. |
| Stochastics (14,3) | 22.89 | NEUTRAL | The Stochastics value for SBUX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for SBUX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.84 | POSITIVE | The high ADX value value for SBUX suggests a strong trend. |
SBUX Chart- and CandleStick Pattern Analysis
SBUX Technicals: Chart, Performance Metrics, Trend & Indicators
93.83
+1.28 (+1.38%)
STARBUCKS CORP / SBUX TA FAQ
What is the technical rating for SBUX stock?
ChartMill assigns a technical rating of 4 / 10 to SBUX.
What is the current trend direction of STARBUCKS CORP (SBUX) stock?
The current trend direction for STARBUCKS CORP (SBUX) is Bullish.
What is the RSI signal for STARBUCKS CORP (SBUX) stock?
STARBUCKS CORP (SBUX) has an RSI value of 43.4761. This indicates that the stock is currently neutral.
What is the MACD signal for STARBUCKS CORP (SBUX) stock?
The MACD indicator for STARBUCKS CORP (SBUX) has a value of -0.863668, indicating a bearish trend.
What are the support and resistance levels for STARBUCKS CORP (SBUX) stock?
STARBUCKS CORP (SBUX) has a support level at 92.55 and a resistance level at 95.93. Check the full technical report for our detailed analysis of SBUX support and resistance levels.