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TECH Sell 04.07.2024 12:52

Starbucks Corp.: Murrey analysis

Shares of Starbucks Corp., one of the largest companies that owns the coffee chain of the same name, resumed their decline as part of a medium-term downtrend: quotes rebounded from the reversal mark of 81.25 (Murrey level [2/8]) and are now close to the lower limit of the main Murrey trading range around 75.00 (Murrey level [0/8]). 

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TECH Buy 24.06.2024 12:55

Starbucks Corp.: candlestick analysis

On the H4 chart of the shares of Starbucks Corp., a "Bull Flag" pattern is being built, the price exit from which should occur upwards with a likely target of 89.76, as well as a series of candle patterns "Inverted Hammer", "Bull Engulfing Pattern", "Hammer" and "Morning Star" at the level of 78.79, which signal pressure from buyers. 

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Indicators

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

Market sentiment

100% sell
0% buy