Stock Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
Starbucks Corp (NASDAQ:SBUX)
Countertrend Up (+85) - SBUX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for SBUX
The long-term trend has been UP since Jun 8th, 2020 at 82.615
The intermediate-term trend has been UP since Jul 21st, 2020 at 75.805
The short-term trend has been DOWN since Aug 4th, 2020 at 75.400
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).
|Year High||68.98||Year High Date||2018-11-08|
|Year Low||47.37||Year Low Date||2018-06-28|
|52wk High||99.72||52wk High Date||2019-07-26|
|52wk Low||50.02||52wk Low Date||2020-03-18|
|Year End Close||53.63||Average Volume||10,503,471|
|Shares Outstanding||1,168,300||Short Interest||8,665,613|
|% Institutional||72.8||Market Cap||108,903M|