Stock Analysis: Starbucks Corp (SBUX)

Stock Analysis for Starbucks Corp (SBUX)

The Interpreter
Hey Friend, I'm analysing STARBUCKS CORP (SBUX), and it is between the Support of $ 84.69 (150% of Fibonacci) and the Resistance of $ 85.10 (PivotS1). The stock is falling and may come close and reach $ 84.69 soon.

Starbucks Corp (SBUX)

$ 87.84 -1.0%

Last Close 25-Apr-24

Trade SBUX Now

Supports

Next Support: $ 84.69

Pivot S2: $ 83.34
Fibonacci 150%: $ 84.69
Triangle Level (3): $ 84.31

Resistances

Next Resistance: $ 85.10

Pivot S1: $ 85.10
Fibonacci 138.2%: $ 86.27
Triangle Level (2): $ 88.07

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 18 Jan 2024	Buy Price: 93.34	Profit: Close Day1 ($ 93.86)	Abandoned Baby	Buy
002 20 Oct 2023	Sell Price: 94.19	Profit: Open Day1 ($ 93.93)	Engulfing	Sell
003 11 Oct 2023	Sell Price: 91.95	Profit: Open Day1 ($ 91.84)	Engulfing	Sell
004 02 Aug 2023	Buy Price: 102.13	Profit: Close Day1 ($ 102.33)	Engulfing	Buy
005 17 Jul 2023	Sell Price: 100.93	Profit: Open Day1 ($ 100.74)	Abandoned Baby	Sell
006 20 Jun 2023	Sell Price: 101.27	Profit: Open Day1 ($ 100.60)	Abandoned Baby	Sell
007 02 Jun 2023	Buy Price: 99.50	Profit: Open Day1 ($ 100.04)	Abandoned Baby	Buy
008One Year Average	Both Sides Result for 7 Signals	Profit: $ 2.49 ($ 0.36 / Signal) +2.6% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for SBUX Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	88.30	SELL	2	88.05	SELL
3	88.15	SELL	3	88.04	SELL
5	88.05	SELL	5	87.86	SELL
8	87.38	BUY	8	87.62	BUY
13	86.78	BUY	13	87.59	BUY
21	87.72	BUY	21	88.02	SELL
34	89.11	SELL	34	88.92	SELL
55	90.99	SELL	55	90.18	SELL
90	92.14	SELL	90	91.73	SELL
200	95.30	SELL	200	94.35	SELL

Company Info +

Name & IPO

Starbucks Corp
IPO: 1992-06-01

Stock Ticker & Exchange

Ticker: SBUXIndices: S&P 500, Nasdaq 100,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: https://www.starbucks.com/
Phone:

Stock Type

Common Stock

SIC Office

Trade & Services ()

Industry

Retail-eating & Drinking Places

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.