STARBUCKS CORP (SBUX)

US8552441094 - Common Stock

98.35  -2.05 (-2.04%)

After market: 98.55 +0.2 (+0.2%)

Technical Rating and Analysis

7

Taking everything into account, SBUX scores 7 out of 10 in our technical rating. Although SBUX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, SBUX is a bad performer in the overall market: 68% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
SBUX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SBUX is lagging the market slightly.
In the last month SBUX has a been trading in the 93.69 - 101.41 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
SBUX has an average volume of 8306810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SBUX is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 41% of 135 stocks in the same industry.
Weekly and Daily overview Charts
SBUX Weekly chart
SBUX Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SBUX also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 98.28, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

72.38

101.40

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 93.22 to 98.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @91.15 from a horizontal line in the daily time frame.
  • Support @73.11 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 98.51 to 100.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.59
Mansfield-0.18
10 Day High101.41
10 Day Low94.78
20 Day High101.41
20 Day Low93.69
52 Week High103.09
52 Week Low71.55
Performance
1 Week-0.46%
2 Weeks1.3%
1 Month1.58%
3 Month4.61%
6 Month24.7%
12 Month-4.31%
2 Year-3.77%
3 Year-10.3%
5 Year15.12%
10 Year142.21%
15 Year798.17%
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)52.53
LBB95.55
UBB100.98
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
100.4194.775.64 (5.62%)17.80%
An entry @100.41. This is a Buy Stop order right above the resistance zone.An exit @94.77. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 5.64 points, which is 5.62%.For a 1.00% total portfolio risk, you can invest 17.80% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SBUX Daily chart

STARBUCKS CORP

NASDAQ:SBUX (11/19/2024, 8:00:01 PM)

After market: 98.55 +0.2 (+0.2%)

98.35

-2.05 (-2.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.04%
1 Week-0.46%
2 Weeks1.3%
1 Month1.58%
3 Month4.61%
6 Month24.7%
12 Month-4.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.37
ATR(20)%2.35%
ATR Inc
Range Today2.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High101.41
10 Day Low94.78
20 Day High101.41
20 Day Low93.69
52 Week High103.09
52 Week Low71.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.18M
Volume Incr-5.15%
Vol(5)7.92M
Vol(50)8.31M