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TECH Sell 03.05.2024 13:22

Starbucks Corp.: Murrey analysis

Shares of Starbucks Corp., one of the largest companies that owns the coffee chain of the same name, are trading within a long-term downward trend, but this week the instrument intensified the decline, responding to falling sales and management's revision of profit forecasts for the current year for the worse. As a result, the quotes broke through the central mark of the Murrey trading range of 87.50 (Murrey level [4/8]) and reached the lowest values since June 2022 around 72.65. 

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Indicators

MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell

Market sentiment

100% sell
0% buy