Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Starbucks' stock fell 1.26% in the last session, or 0.85 points, amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI, as the stock strove to gather momentum to help it rise anew.
Therefore we expect the stock to return higher, targeting the resistance of 68.96, as long as the support of 65.26 holds on.
Expected trend for today: Likely Bullish