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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Starbucks Corporation (NASDAQ:SBUX)

Countertrend Down (-85) - SBUX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SBUX?

MarketClub looks at technical strength and momentum to determine if the timing is right for SBUX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SBUX
Open High Low SBUX Price Change
86.42 87.63 86.05 87.12 +0.91
Entry Signal

MarketClub’s Trade Triangles for SBUX

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 91.400

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 92.750

short term up The short-term trend has been UP since Apr 17th, 2024 at 86.365

Smart Scan Analysis for SBUX

Based on our trend formula, SBUX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SBUX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
86.42 87.63 86.05 87.12 +0.91
Prev. Close Volume Bid Ask Time
86.21 9658103 2024-04-18 15:59:27
Year High68.98Year High Date2018-11-08
Year Low47.37Year Low Date2018-06-28
52wk High115.4852wk High Date2023-05-01
52wk Low84.2952wk Low Date2024-04-12
Year End Close53.63Average Volume6,937,776
Shares Outstanding1,132,200Short Interest8,665,613
% Institutional72.8Market Cap108,903M
Assets291,797,000MLiabilities377,957,000M
P/E Ratio22.8396Beta0.78
Volatility31.55
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