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SBUX Daily Technical Analysis

Starbucks Corporation

Global coffeehouse chain offering beverages, food, and packaged goods through more than 35,000 locations worldwide.

Last price: $97.86 Value score: -0.77 Short-term sentiment: Bullish Long-term sentiment: Bullish Last updated: 2026-01-23T15:11:51.068Z

SBUX Technical Analysis Summary

Starbucks shows a strong bullish reversal on the daily timeframe, having firmly broken above both the 50-day and 200-day Moving Averages. Momentum indicators like the MACD and RSI confirm this strength, though the RSI above 70 suggests the stock is currently overbought and may face short-term consolidation. The converging moving averages point toward an imminent Golden Cross, supporting a positive long-term outlook as long as price holds above the key 87.00 support cluster.

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SBUX Daily Chart

Daily candlestick price chart for SBUX as of 2026-01-23T15:11:51.068Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Daily candlestick price chart for SBUX as of 2026-01-23T15:11:51.068Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Bullish

Price is in a strong uptrend, trading near the upper Bollinger Band with the RSI entering overbought territory (>70), indicating strong momentum.

Long-term Sentiment (weeks to months): Bullish

The stock has successfully reclaimed the 200-day SMA, and the 50-day SMA is curving upward to potentially cross the 200-day SMA (Golden Cross).

Report Metadata

Support Price Levels

Level Range Strength Notes
$93.25 $92.50 - $94.00 Weak Recent consolidation/breakout zone prior to the current leg up.
$87.00 $86.91 - $87.08 Strong Confluence of the 50-day and 200-day SMAs.
$81.00 $80.00 - $82.00 Strong Significant swing low area and lower Bollinger Band region.

Resistance Price Levels

Level Range Strength Notes
$97.83 $97.65 - $98.00 Weak Immediate resistance at the upper Bollinger Band and recent intraday highs.
$101.25 $100.00 - $102.50 Strong Psychological level and historical resistance zone from earlier in the year.
$108.75 $107.50 - $110.00 Strong Major swing high established in Q1.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Bullish Breakout Bullish $102.00 Price has broken out above the previous consolidation range (approx. 93-94) with expanding volume and momentum.
Strong Approaching Golden Cross Bullish N/A The 50-day SMA is rapidly rising and about to cross above the 200-day SMA, a classic long-term bullish signal.

Frequently Asked Questions about SBUX

What is the current sentiment for SBUX?

The short-term sentiment for SBUX is currently Bullish because Price is in a strong uptrend, trading near the upper Bollinger Band with the RSI entering overbought territory (>70), indicating strong momentum.. The long-term trend is classified as Bullish.

What are the key support levels for SBUX?

StockDips.AI has identified key support levels for SBUX at $93.25 and $87.00. 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 -1/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.

View the full interactive analysis on StockDips.AI.