SBUX Daily Technical Analysis
Starbucks Corporation
Global coffeehouse chain offering beverages, food, and packaged goods through more than 35,000 locations worldwide.
SBUX Technical Analysis Summary
SBUX is currently enduring a severe short-term selloff, having plummeted from its recent high near 108 down to 96.00. The decisive break below the 50-day SMA, coupled with deeply negative momentum on the MACD and an RSI plunging toward oversold territory, paints a decisively bearish near-term picture. For long-term investors, the critical area to watch is the 90.00-91.50 support zone, where the 200-day SMA resides; a successful defense of this level would maintain the broader structural uptrend, whereas a breakdown could signal a major trend reversal.
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SBUX Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has suffered a steep and rapid decline from recent highs, decisively breaking below the 50-day SMA. It is currently trading below the lower Bollinger Band, indicating strong downward momentum. This is confirmed by an expanding negative MACD histogram and the MACD line crossing below the signal line. RSI is at 31.04, nearing oversold conditions but reflecting intense selling pressure.
Long-term Sentiment (weeks to months): Neutral
While the short-term picture is highly bearish, the longer-term structure remains mixed. The price is still trading above the upward-sloping 200-day SMA, and a prior 'golden cross' (50 SMA crossing above 200 SMA) remains intact. A deeper retracement to test the 200-day SMA is needed to determine if the broader uptrend from the October lows will hold or fail.
Report Metadata
- Timeframe: daily
- Generated at: 2026-06-02T14:09:44.267Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $94.75 | $94.00 - $95.50 | Weak | Near-term support zone based on previous swing lows in early April and a consolidation area from February. |
| $90.75 | $90.00 - $91.50 | Strong | Critical long-term support level. Confluence of the rising 200-day SMA (currently at 91.31) and a major structural swing low established in March. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $99.50 | $99.00 - $100.00 | Strong | Immediate overhead resistance zone containing the 50-day SMA (99.46) and the psychological 100 level. This area previously acted as support before breaking down. |
| $104.00 | $103.50 - $104.50 | Strong | Higher resistance area aligning with the 20-day SMA (middle Bollinger Band) at 103.74 and previous price consolidation before the final push to the top. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Steep Retracement / Parabolic Breakdown | Bearish | N/A | Following a strong rally to a peak near 108, the price has reversed sharply, forming a series of long red candles. The breakdown has sliced through minor support levels and the 50-day SMA with high momentum, pushing price action outside the lower Bollinger Band. |
Frequently Asked Questions about SBUX
What is the current sentiment for SBUX?
The short-term sentiment for SBUX is currently Bearish because Price has suffered a steep and rapid decline from recent highs, decisively breaking below the 50-day SMA. It is currently trading below the lower Bollinger Band, indicating strong downward momentum. This is confirmed by an expanding negative MACD histogram and the MACD line crossing below the signal line. RSI is at 31.04, nearing oversold conditions but reflecting intense selling pressure.. The long-term trend is classified as Neutral.
What are the key support levels for SBUX?
StockDips.AI has identified key support levels for SBUX at $94.75 and $90.75. These levels may represent potential accumulation zones where buying interest could emerge.
Is SBUX in a significant dip or a Value Dip right now?
SBUX has a Value Score of 61/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
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