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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 SRB.DE
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Green day on Friday for Starbucks Corporation
(Updated on May 10, 2024)

Sell candidate since May 02, 2024 Gain 2.05% PDF

The Starbucks Corporation stock price gained 1.46% on the last trading day (Friday, 10th May 2024), rising from 69.74€ to 70.76€. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.32% from a day low at 69.70€ to a day high of 71.32€. The price has been going up and down for this period, and there has been a -13.74% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 10 thousand shares were bought and sold for approximately 690.62€ thousand.

The stock lies in the middle of a wide and 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 -15.34% during the next 3 months and, with a 90% probability hold a price between 56.43€ and 68.76€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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SRB.DE Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, May 07, 2024, and so far it has risen 5.02%. Further rise is indicated until a new top pivot has been found. Starbucks Corporation has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Starbucks Corporation 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 79.52€. On a fall, the stock will find some support from the short-term average at 68.94€. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Starbucks Corporation stock

Starbucks Corporation finds support from accumulated volume at 69.34€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved 1.62€ between high and low, or 2.32%. For the last week, the stock has had daily average volatility of 2.17%.

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

Trading Expectations (SRB.DE) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect Starbucks Corporation to open at 70.59€, and during the day (based on 14 day Average True Range), to move between 68.91€ and 72.61€, which gives a possible trading interval of +/-1.85€ (+/-2.61%) up or down from last closing price. If Starbucks Corporation takes out the full calculated possible swing range there will be an estimated 5.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 69.34€ (2.01%) than the resistance at 80.13€ (13.24%), 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 Corporation 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: -3.041 Sell Candidate Unchanged

Predicted Opening Price for Starbucks Corporation of Monday, May 13, 2024

Fair opening price May 13, 2024 Current price
70.59€ ( 0.236%) 70.76€

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

Trading levels for SRB.DE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 72.21 2.05 %
R2 71.59 1.18 %
R1 71.21 0.639 %
Current price: 70.76
Support S1 69.97 -1.11 %
S2 69.59 -1.65 %
S3 68.97 -2.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 85.10 20.27 %
R2 83.70 18.29 %
R1 80.13 13.24 %
Current price 70.76
Support S1 69.34 -2.01%
S2 68.24 -3.56%
S3 68.15 -3.69%

SRB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 11, 2023 May 11, 2023 May 11, 2023 0.530€ 0.547%
2 Feb 09, 2023 Feb 09, 2023 Feb 09, 2023 0.530€ 0.536%
3 Sep 09, 2022 Nov 09, 2022 Nov 25, 2022 0.530€ 0.553%
4 Jun 22, 2022 Aug 11, 2022 Aug 26, 2022 0.490€ 0.581%
5 May 12, 2022 May 12, 2022 May 12, 2022 0.490€ 0.736%

FAQ

What is the symbol for Starbucks Corporation Stock and on which exchange is it traded?
The symbol for Starbucks Corporation is SRB.DE and it is traded on the GER (Deutsche Börse XETRA).

Should I buy or sell Starbucks Corporation Stock?
Starbucks Corporation 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 Corporation Stock?
Starbucks Corporation 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 Corporation Stock.

What's the current price of Starbucks Corporation Stock?
As of the end of day on the May 10, 2024, the price of an Starbucks Corporation (SRB.DE) share was 70.76€.

What is the 52-week high and low for Starbucks Corporation Stock?
The 52-week high for Starbucks Corporation Stock is 100.20€ and the 52-week low is 67.00€.

What is the market capitalization of Starbucks Corporation Stock?
As of the May 10, 2024, the market capitalization of Starbucks Corporation is 80.433B.

When is the next earnings date for Starbucks Corporation?
The upcoming earnings date for Starbucks Corporation is Jul 30, 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... SRB.DE Profile

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