Starbucks (SBUX) Monthly 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 remains in a wide multi-year consolidation range within a broader secular bull regime, anchored well above the rising 200-month moving average. The recent strong bounce off major support near $71–$76 and subsequent reclaim of both the 20-month and 50-month SMAs indicates renewed upside momentum toward the upper boundary of the multi-year range. A sustained breakout above the $115–$126 secular resistance zone would be required to resume the primary long-term uptrend.
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SBUX Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price has staged a strong rebound from multi-year range lows, decisively reclaiming both the 20-month (93.16) and 50-month (95.01) moving averages with RSI rising back above 50.
Long-term Sentiment (weeks to months): Bullish
The secular trend remains structurally sound well above the upward-sloping 200-month SMA (64.92), with long-term moving average alignment intact despite a multi-year consolidation.
Report Metadata
- Timeframe: monthly
- Generated at: Nov 1, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $94.25 | $93.00 - $95.50 | Moderate | Confluence of the 20-month and 50-month simple moving averages, now acting as dynamic support. |
| $73.25 | $70.00 - $76.50 | Strong | Major multi-year secular horizontal support defined by the 2022 and 2024 swing lows and the lower Bollinger Band. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $109.00 | $108.00 - $110.00 | Moderate | Upper Bollinger Band zone and prior multi-month reaction highs. |
| $120.50 | $115.00 - $126.00 | Strong | Major secular horizontal resistance zone marked by the 2021 all-time highs and 2023 recovery peak. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Multi-Year Horizontal Consolidation | Neutral | N/A | Large multi-year rectangle range between secular support around $70.00-$76.50 and secular resistance near $115.00-$126.00 following the 2021 peak. |
| Moderate | Double Bottom | Bullish | $120.00 | Re-test and successful defense of the 2022 lows in mid-2024 near the $71-$76 region, followed by a sharp impulsive continuation upward. |
Frequently Asked Questions about SBUX
What is the current sentiment for SBUX?
The short-term sentiment for SBUX is currently Bullish because Price has staged a strong rebound from multi-year range lows, decisively reclaiming both the 20-month (93.16) and 50-month (95.01) moving averages with RSI rising back above 50. 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 $94.25 and $73.25. 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 17/100. 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.