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SBUX Stock Forecast & Starbucks Corporation Chart Analysis

This article provides a detailed analysis of SBUX-Starbucks Corporation stock including a forecast for SBUX shares. It features Starbucks Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

SBUX Historical Data Review

SBUX Current Price Performance Analysis

The Starbucks Corporation - SBUX stock traded on the American stock market, on 06-05-2024, closed at 81.16$ with a %-1.97 decreased compared to the previous day.

In the last month, the price of SBUX changed by %11.33 increased in value, from 72.9 dollars on 05-06-2024 to 81.16 dollars, increased.

Last year, the price of SBUX was 98.22 dollars on 06-06-2023, and changed by %-17.37 decreased in value, to 81.16 dollars decreased within a year.

The price of Starbucks Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

SBUX with AI Stock Forecast & Price Target

SBUX stock forecast Starbucks Corporation price target

On the SBUX chart Starbucks Corporation price was recorded as 81.16 Dollars on 06/05/2024.

The artificial intelligence's forecast on SBUX stock is as follows.

The artificial intelligence's prediction error margin for SBUX stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Starbucks Corporation stock over the next 4 months is: 65.2 Dollars.

The commentary on SBUX stock Target Price: Highest: 82.521 Dollars is predicted.

The commentary on SBUX stock Target Price: Lowest: 55.335 Dollars is predicted.

Resistance Price where Starbucks Corporation stock will Rise and Fall:

Date Price Prediction
10-03-2024 68.985
01-01-2025 61.132

Support Price where Starbucks Corporation stock will Fall and Rise:

Date Price Prediction
09-03-2024 67.973
12-17-2024 61.076
03-17-2025 55.335

The commentary on SBUX stock: The target price can generally be said to be on the decline.

The commentary on SBUX stock: Fluctuations in the target price can be expected in the coming days.

The target price for Starbucks Corporation stock by the end of 2024 is predicted to be 61.079 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on SBUX stock, and the 2024 target price predictions for Starbucks Corporation are detailed above.

The technical analysis and charts for the commentary on SBUX stock are below.

SBUX Support & Resistance and Trend Analysis

SBUX review Starbucks Corporation technical analysis trend chart SBUX priceSBUX stock support and resistance price chart

SBUX stock you have reviewed the technical analysis support resistance charts regarding.

SBUX : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SBUX review, the Starbucks Corporation support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Starbucks Corporation Support and Resistance Prices:

SBUX Support Level Price SBUX Resistance Level Price
71.80 83.43
76.71 89.73
84.29 93.17
87.61 93.32
90.06 94.24
90.31 96.93
91.40 97.99
91.67 98.36
92.75 99.01
94.34 107.66

SBUX Technical Analysis: SMA, RSI, MACD

SBUX review Starbucks Corporation SMA chart analysis SBUX priceSBUX buy or sell review Starbucks Corporation MACD chart analysis SBUX price

Upon reviewing the SBUX chart, buy and sell signals have been generated in the Starbucks Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for SBUX stock are as follows:
  1. The technical analysis for SBUX indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for SBUX indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Starbucks Corporation issued a 'Buy' signal when the MACD was at -3.062, with the current MACD value being: -0.136

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Starbucks Corporation stock: Click here to read more predictions on L'Air Liquide S.A. stock.

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