57.1900
Change
-0.0800
Change %
0.1397%
Open
57.2700
Close
57.2250
High
57.3900
Low
56.8600
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.%
1.1770
-0.0179
1.4964%
1.3470
-0.0073
0.5361%
16.439
-0.232
1.389%
71.355
0.805
1.141%
78.66
-0.64
0.81%
1292.495
-26.535
2.012%
 
 
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