RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SBUX
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Red day on Thursday for Starbucks
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Loss -0.12% PDF

The Starbucks stock price fell by -0.120% on the last day (Thursday, 28th Mar 2024) from $91.50 to $91.39. During the last trading day the stock fluctuated 1.03% from a day low at $91.30 to a day high of $92.24. The price has fallen in 6 of the last 10 days and is down by -0.29% for this period. Volume has increased on the last day by 1 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 6 million shares were bought and sold for approximately $591.32 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.40% during the next 3 months and, with a 90% probability hold a price between $87.61 and $93.71 at the end of this 3-month period.

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SBUX Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 1.41%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Starbucks stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $92.85. On a fall, the stock will find some support from the short-term average at $91.27. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Starbucks stock

Starbucks finds support from accumulated volume at $91.06 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.94 between high and low, or 1.03%. For the last week the stock has had daily average volatility of 1.17%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SBUX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Starbucks Corporation to open at $91.64, and during the day (based on 14 day Average True Range), to move between $90.01 and $92.77, which gives a possible trading interval of +/-$1.38 (+/-1.51%) up or down from last closing price. If Starbucks Corporation takes out the full calculated possible swing range there will be an estimated 3.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $91.06 (0.36%) than the resistance at $92.99 (1.75%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Starbucks Corporation stock A Buy?

Starbucks holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.260 Sell Candidate Unchanged

Predicted Opening Price for Starbucks Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$91.64 ( 0.277%) $91.39

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SBUX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 92.58 1.31 %
R2 92.22 0.91 %
R1 92.00 0.670 %
Current price: 91.39
Support S1 91.28 -0.116 %
S2 91.06 -0.358 %
S3 90.70 -0.751 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 94.08 2.94 %
R2 93.03 1.79 %
R1 92.99 1.75 %
Current price 91.39
Support S1 91.06 -0.361%
S2 90.95 -0.481%
S3 90.12 -1.39%

SBUX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 16, 2024 May 16, 2024 May 31, 2024 $0.570 0.624%
2 Dec 01, 2023 Feb 09, 2024 Feb 23, 2024 $0.570 0.596%
3 Dec 01, 2023 Feb 08, 2024 Feb 23, 2024 $0.570 0.596%
4 Sep 20, 2023 Nov 09, 2023 Nov 24, 2023 $0.570 0.555%
5 Sep 20, 2023 Nov 08, 2023 Nov 24, 2023 $0.570 0.555%

FAQ

What is the symbol for Starbucks Stock and on which exchange is it traded?
The symbol for Starbucks is SBUX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Starbucks Stock?
Starbucks holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Starbucks Stock?
Starbucks Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Starbucks Stock.

What's the current price of Starbucks Stock?
As of the end of day on the 2024-03-28, the price of an Starbucks (SBUX) share was $91.39.

What is the 52-week high and low for Starbucks Stock?
The 52-week high for Starbucks Stock is $115.48 and the 52-week low is $89.21.

What is the market capitalization of Starbucks Stock?
As of the 2024-03-28, the market capitalization of Starbucks is 103.472B.

When is the next earnings date for Starbucks?
The upcoming earnings date for Starbucks is May 07, 2024.
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About Starbucks Corporation

Starbucks Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items... SBUX Profile

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