SBUX Weekly 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 remains trapped in a massive, multi-year sideways range with no clear dominant long-term trend. In the short term, the technical picture has deteriorated following a sharp, high-volume rejection near $100, which has dragged momentum indicators lower. The stock is currently testing the 200-week SMA, and further downside to the 50-week SMA appears likely unless buyers can immediately reclaim the $95 level.
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SBUX Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
A sharp, high-volume rejection from the $100 level has pushed price back down, slicing through recent minor support. The RSI is hooking downwards, and the MACD histogram is shrinking, confirming waning bullish momentum.
Long-term Sentiment (weeks to months): Neutral
The stock has been trading in a very broad, volatile range for over two years. The 50-week and 200-week moving averages lack a clear, sustained slope, indicating a lack of long-term directional trend despite large cyclical swings.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-03-21T09:07:54.863Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $89.50 | $88.00 - $91.00 | Weak | Immediate support zone containing the rising 50-week SMA and the 20-week SMA (middle Bollinger Band). |
| $83.00 | $82.00 - $84.00 | Strong | Significant multi-week swing low formed in late 2023. |
| $71.00 | $70.00 - $72.00 | Strong | Major structural low from mid-2022 that established the bottom of the long-term range. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $99.00 | $98.00 - $100.00 | Strong | Recent swing high, area of current high-volume rejection, and a psychological round number. |
| $106.50 | $105.00 - $108.00 | Strong | Major pivot highs from mid-to-late 2023. |
| $115.00 | $114.00 - $116.00 | Strong | Significant peak established in early 2023. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Broad Range Consolidation | Neutral | N/A | Price action over the last ~2 years has been bounded roughly between $70 on the low end and $116 on the high end, without establishing a new secular trend. |
| Weak | Series of Lower Highs | Bearish | N/A | Since the peak at ~$115 in early 2023, subsequent significant rallies have failed at progressively lower levels (~$108, then ~$100), suggesting lingering overhead supply. |
Frequently Asked Questions about SBUX
What is the current sentiment for SBUX?
The short-term sentiment for SBUX is currently Bearish because A sharp, high-volume rejection from the $100 level has pushed price back down, slicing through recent minor support. The RSI is hooking downwards, and the MACD histogram is shrinking, confirming waning bullish momentum.. 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 $89.50 and $83.00. 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 63/100. 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.
View the full interactive analysis on StockDips.AI.