57.1700
Change
1.4000
Change %
2.5103%
Open
57.1700
Close
57.1700
High
57.1700
Low
57.1700
Starbucks suffers from negative pressures - Analysis - 16-05-2018
2018-05-16 12:53:17 GMT (Economies.com)
Starbucks suffers from negative pressures - Analysis - 16-05-2018
 

Starbucks' stock (SBUX) fell in the intraday levels, registering a new loss of 0.86% in the last session, or 0.49 points, amid negative pressure from the 50-day SMA, with negative signals from the RSI. 

 

Therefore we expect more losses for the stock, especially if the support of 56.20 was breached, representing the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the medium term (from 50.84 to 64.87), targeting the next support at 54.15, which represents the ratio 76.4%. 

 
 
 
  Symbol Last Change Chg.%
1.1728
0.0035
0.3010%
1.3134
-0.0097
0.7324%
15.522
-0.292
1.850%
68.370
-2.192
3.107%
73.10
0.51
0.70%
1230.700
-10.410
0.839%
 
 
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