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Stock Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

Starbucks Corporation (NASDAQ:SBUX)

Strong Downtrend (-100) - SBUX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SBUX continues to fall. Traders should use caution 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
93.370 94.340 93.370 93.675 +0.575
Entry Signal

MarketClub’s Trade Triangles for SBUX

long term down The long-term trend has been DOWN since May 31st, 2023 at 97.19

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2023 at 99.29

short term down The short-term trend has been DOWN since Sep 19th, 2023 at 96.05

Smart Scan Analysis for SBUX

Based on our trend formula, SBUX is rated as a -100 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
93.370 94.340 93.370 93.675 +0.575
Prev. Close Volume Bid Ask Time
93.680 4303215 2023-09-22 15:59:59
Year High68.98Year High Date2018-11-08
Year Low47.37Year Low Date2018-06-28
52wk High115.4852wk High Date2023-05-01
52wk Low82.4352wk Low Date2022-10-24
Year End Close53.63Average Volume5,677,717
Shares Outstanding1,145,400Short Interest8,665,613
% Institutional72.8Market Cap108,903M
P/E Ratio28.3842Beta0.78
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