STARBUCKS CORP (SBUX) Stock Technical Analysis
NASDAQ:SBUX - US8552441094 - Common Stock
85.81 USD
-2.57 (-2.91%)
86.17 USD
+0.36 (+0.42%)
Overall SBUX gets a technical rating of 0 out of 10. SBUX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SBUX is a bad performer in the overall market: 76% of all stocks are doing better.
SBUX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SBUX has a been trading in the 85.49 - 98.89 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SBUX has an average volume of 9519490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SBUX is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, SBUX did better than 42% of them.
The technical rating of SBUX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
78.89
100.27
We found 2 important support areas.
- Support @82.47 from a trend line in the weekly time frame.
- A support zone ranging from 79.69 to 80.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- Resistance @87.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 90.17 to 90.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 92.32 to 92.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 94.94 to 95.39. 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.
- Resistance @99.28 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 | DOWN | NEGATIVE | The short term trend for SBUX is down. |
| ChartMill Relative Strength | 24.18 | NEGATIVE | SBUX has a low relative strength, it was outperformed by 75.82% off all stocks 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) | DOWN | NEGATIVE | The current price of SBUX is below a declining 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) | 35.68 | NEUTRAL | The RSI value for SBUX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests SBUX has a negative trend. |
| Stochastics (14,3) | 8.53 | OVERSOLD | The low Stochastics value suggests SBUX may be oversold. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for SBUX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.01 | NEGATIVE | The low ADX value for SBUX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
85.81
-2.57 (-2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.91%
1 Week-7.27%
2 Weeks-6.46%
1 Month-8.39%
3 Month2.22%
6 Month-25.9%
12 Month-9.26%
2 Year-11.94%
3 Year2.07%
5 Year1.59%
10 Year56.85%
15 Year646.82%
Volatility
ATR(14)2.18
ATR(20)%3.19%
ATR Inc-4.33%
Range Today2.61
ADR(20)2.55
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.18
Mansfield-1.7
10 Day High94.85
10 Day Low85.71
20 Day High98.89
20 Day Low85.49
52 Week High117.46
52 Week Low75.5
CS1 End82.47
CR1 Start87.44
Volume & EV
DER(3)-2.47%
DER(5)-2.52%
Volume11.01M
Volume Incr-38.8%
Vol(5)7.39M
Vol(50)9.52M