SBUX

StarbucksConsumer Discretionary

$90.37-0.07%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$90.37

FEBMARAPR

Validate this Pattern

A key Falling Wedge has formed on SBUX. Analyze the breakout level now.

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Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$102.44

Stop

$94.02

Target

$119.28

Chart Pattern

Falling Wedge

Reversal pattern. Price likely to break upwards.

Double Bottom

Reversal pattern after a downtrend.

Market Analysis

A clear signal has emerged for Starbucks (SBUX) on the daily chart. Currently at $90.37, the asset is showing downward momentum (-0.07%). Price action has carved out a classic Double Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $102.44, targeting $119.28 with support near $94.02 (R:R 2.0).

Community Sentiment

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