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
Starbucks is currently in a high-volatility zone, attempting a major reversal from long-term lows around $72. However, the price action this week formed a bearish shooting star candle, rejecting the $104 level and failing to sustain a breakout above the critical 200-week SMA at $92.03. The stock is likely to consolidate or pull back towards the 50-week SMA support (~$89) before attempting another move higher.
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SBUX Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
The current weekly candle is a prominent 'Shooting Star' with a long upper wick, indicating a strong rejection of higher prices (reaching 104.82) and a failure to close above the 200-week SMA (92.03).
Long-term Sentiment (weeks to months): Neutral
While the stock has bounced significantly from the ~72 lows, it remains trapped below the critical 200-week SMA. A confirmed breakout above this moving average and the 100 level is needed to shift the long-term trend to bullish.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:34:31.192Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $89.25 | $89.00 - $89.50 | Strong | Confluence of the 50-week SMA (89.30) and previous consolidation zones. |
| $86.50 | $86.00 - $87.00 | Weak | 20-week SMA/Bollinger Band basis line. |
| $72.00 | $71.00 - $73.00 | Strong | Major multi-year structural support and recent double bottom low. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $93.25 | $92.00 - $94.50 | Strong | Immediate resistance cluster: 200-week SMA (92.03) and Upper Bollinger Band (94.52). |
| $104.50 | $104.00 - $105.00 | Strong | Current week's swing high and psychological resistance. |
| $112.00 | $109.00 - $115.00 | Strong | Historical highs from 2021 and 2023. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Shooting Star | Bearish | $89.30 | The current weekly candle shows a small body with a very long upper shadow, signaling selling pressure and rejection at the 200-week SMA. |
| Strong | Double Bottom | Bullish | N/A | Price formed a major low around 72 in 2022 and successfully retested this area recently in 2024, providing a base for the current rally. |
| Weak | Bollinger Band Rejection | Bearish | $86.36 | Price pierced well above the upper Bollinger Band (94.52) but pulled back to close inside it, suggesting overextension. |
Frequently Asked Questions about SBUX
What is the current sentiment for SBUX?
The short-term sentiment for SBUX is currently Bearish because The current weekly candle is a prominent 'Shooting Star' with a long upper wick, indicating a strong rejection of higher prices (reaching 104.82) and a failure to close above the 200-week SMA (92.03).. 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 $89.25 and $86.50. 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 84/100. It is 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.