SRB Technical Analysis - STARBUCKS CORP

Technical Rating and Analysis

Overall SRB gets a technical rating of 0 out of 10. SRB'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.

91% of all other stocks performed better in the past year than SRB.

SRB is part of the Hotels, Restaurants & Leisure industry. There are 53 other stocks in this industry, of which 76% are performing better than SRB.

SRB 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.

SRB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Warning: SRB has an average volume of 1081 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

SRB 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 support zone below the current price at 70.98, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

69.12

82.27

2 important support areas can be observed.

Support @70.98 from a horizontal line in the daily time frame.
Support @69.82 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 71.47 to 72.80. 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 77.92 to 77.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
A resistance zone ranging from 81.46 to 81.46. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for SRB.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for SRB.DE is down.
ChartMill Relative Strength	9.34	NEGATIVE	SRB.DE has a low relative strength, it was outperformed by 90.66% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of SRB.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of SRB.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of SRB.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	41.64	NEUTRAL	The RSI value for SRB.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.26	POSITIVE	The MACD value suggests SRB.DE has a positive trend, although the MACD value is declining.
Stochastics (14,3)	57.99	NEUTRAL	The Stochastics value for SRB.DE is a neutral value.
Average True Range in percent/ATR (20)	1.84	LOW VOLATILITY	The low ATR as a percentage value for SRB.DE suggests low volalility.
Average Directional Index/ADX (14)	17.25	NEGATIVE	The low ADX value for SRB.DE suggests a weak or negative trend.