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Starbucks Technical Analysis - Starbucks Trading: 2024-12-20
Starbucks Corporation Technical Analysis Summary
Below 88.63
Sell Stop
Above 91.49
Stop Loss
Indicator | Signal |
RSI | Buy |
MACD | Sell |
Donchian Channel | Sell |
MA(200) | Sell |
Fractals | Sell |
Parabolic SAR | Sell |
Starbucks Corporation Chart Analysis
Starbucks Corporation Technical Analysis
The technical analysis of the Starbucks 's stock price chart on 4-hour timeframe shows #S-SBUX,H4 is retreating after returning below the 200-period moving average MA(200). RSI is in oversold zone. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 88.63. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 91.49. After placing the order, the stop loss is to be moved every day to the next fractal high indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (91.49) without reaching the order (88.63), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Stocks - Starbucks Corporation
Starbucks workers' union plans strike in US ahead of Christmas. Will the Starbucks stock price retreating persist?
Starbucks Corporation is an American multinational company which retails coffee worldwide. Company’s market capitalization is $101.9 billion. Starbucks’ stock trades at price-to-earnings (P/E) ratio of 27.16 for trailing twelve months (ttm). It has generated a Profit Margin of 10.4%, revenue of $36.18 billion over the past 12 months, and Return on Assets (ttm) of 10.50%. Starbucks workers union representing over 10,000 workers said it will go on strike in Los Angeles, Chicago and Seattle from today, with the strike set to last until at least Christmas. The union is seeking a foundational framework for better working conditions and pay. A strike before Christmas rush that could negatively impact company’s revenue and is bearish for company’s stock price.
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