STARBUCKS CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SBUX
ISIN:

STARBUCKS CORP. - Weekly - Technical analysis published on 02/08/2022 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 99.11 USD

My targets

83.45 USD (-11.67%)

64.04 USD (-32.21%)

My analysis

In the short term, we can see an acceleration in the bearish trend on STARBUCKS CORP., which is a positive signal for sellers. As long as the price remains above 99.11 USD, a sale could be considered. The first bearish objective is located at 83.45 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 64.04 USD as an objective. Crossing it would then enable sellers to target 56.31 USD. If the price were to return above 99.11 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

5.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Rom_bitc. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

STARBUCKS CORP. rating 94.47 USD. The price registered a decrease of -4.34% over 5 days and was traded between 93.83 USD and 95.94 USD over the period. The price is currently at +0.68% from its lowest point and -1.53% from its highest point.

93.83

95.94

94.47

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by STARBUCKS CORP.:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of STARBUCKS CORP. in Weekly shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Weekly

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	56.31	64.04	83.45	94.47	99.11	106.25	116.95
Change (%)	-40.39%	-32.21%	-11.67%	-	+4.91%	+12.47%	+23.80%
Change	-38.16	-30.43	-11.02	-	+4.64	+11.78	+22.48
Level	Intermediate	Major	Minor	-	Major	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	93.45	94.16	94.68	95.39	95.91	96.62	97.14
Camarilla	94.85	94.97	95.08	95.19	95.30	95.42	95.53
Woodie	93.35	94.11	94.58	95.34	95.81	96.57	97.04
Fibonacci	94.16	94.63	94.92	95.39	95.86	96.15	96.62

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	87.52	90.67	92.84	95.99	98.16	101.31	103.48
Camarilla	93.54	94.03	94.51	95.00	95.49	95.98	96.46
Woodie	87.02	90.43	92.34	95.75	97.66	101.07	102.98
Fibonacci	90.67	92.71	93.96	95.99	98.03	99.28	101.31

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	64.80	79.29	88.81	103.30	112.82	127.31	136.83
Camarilla	91.72	93.92	96.12	98.32	100.52	102.72	104.92
Woodie	62.31	78.05	86.32	102.06	110.33	126.07	134.34
Fibonacci	79.29	88.47	94.13	103.30	112.48	118.14	127.31

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	36.29
MACD (12,26,9):	-4.0300
Directional Movement:	-16.17
AROON (14):	-21.42
DEMA (21):	101.90
Parabolic SAR (0,02-0,02-0,2):	114.22
Elder Ray (13):	-8.40
Super Trend (3,10):	112.18
Zig ZAG (10):	94.58
VORTEX (21):	0.8400
Stochastique (14,3,5):	7.57
TEMA (21):	97.19
Williams %R (14):	-96.58
Chande Momentum Oscillator (20):	-16.19
Repulse (5,40,3):	-6.0900
ROCnROLL:	2
TRIX (15,9):	-0.2500
Courbe Coppock:	20.19

MA7:	96.51
MA20:	97.79
MA50:	106.81
MA100:	109.46
MAexp7:	99.74
MAexp20:	106.10
MAexp50:	106.82
MAexp100:	100.17
Price / MA7:	-2.11%
Price / MA20:	-3.40%
Price / MA50:	-11.55%
Price / MA100:	-13.69%
Price / MAexp7:	-5.28%
Price / MAexp20:	-10.96%
Price / MAexp50:	-11.56%
Price / MAexp100:	-5.69%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on STARBUCKS CORP.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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