Overall SBUX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SBUX is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- SBUX has an average volume of 9900830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 47% of all stocks.
- SBUX is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry, SBUX did better than 64% of them.
- SBUX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SBUX is lagging the market.
- In the last month SBUX has a been trading in the 86.79 - 104.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SBUX has an excellent technical rating, it does not offer a high 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
79.25
5 important support areas can be observed.
- A support zone ranging from 90.48 to 95.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 86.01 to 87.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @83.95 from a horizontal line in the daily time frame.
- Support @82.62 from a horizontal line in the daily time frame.
- A support zone ranging from 80.05 to 80.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 99.46 to 99.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for SBUX is up. |
| ChartMill Relative Strength | 47.28 | NEUTRAL | SBUX is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of SBUX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.4 | NEUTRAL | The RSI value for SBUX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SBUX has a positive trend. |
| Stochastics (14,3) | 48.43 | NEUTRAL | The Stochastics value for SBUX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for SBUX suggests some volalility. |
| Average Directional Index/ADX (14) | 37.48 | POSITIVE | The high ADX value value for SBUX suggests a strong trend. |
99.45
+3.38 (+3.52%)
STARBUCKS CORP / SBUX FAQ
What is the technical rating for SBUX stock?
ChartMill assigns a technical rating of 8 / 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 67.4015. 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 0.107135, indicating a bearish trend.
What are the support and resistance levels for STARBUCKS CORP (SBUX) stock?
STARBUCKS CORP (SBUX) has a support level at 95.03 and a resistance level at 99.46. Check the full technical report for our detailed analysis of SBUX support and resistance levels.