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Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 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.

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

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Open High Low SBUX Price Change
77.760 78.320 76.710 77.575 -0.275
Entry Signal

MarketClub’s Trade Triangles for SBUX

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 91.40

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 92.75

short term up The short-term trend has been UP since May 17th, 2024 at 76.73

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).

Smart Scan Analysis for SBUX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.760 78.320 76.710 77.575 -0.275
Prev. Close Volume Bid Ask Time
77.540 9058862 2024-05-20 15:59:50
Year High68.98Year High Date2018-11-08
Year Low47.37Year Low Date2018-06-28
52wk High107.6652wk High Date2023-11-16
52wk Low71.852wk Low Date2024-05-07
Year End Close53.63Average Volume16,337,688
Shares Outstanding1,132,200Short Interest8,665,613
% Institutional72.8Market Cap108,903M
P/E Ratio21.4463Beta0.78
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