SBUX Makes Notable Cross Below Critical Moving Average


In trading on Wednesday, shares of Starbucks Corp. (Symbol: SBUX) crossed below their 200 day moving average of $114.10, changing hands as low as $112.06 per share. Starbucks Corp. shares are currently trading down about 1.8% on the day. The chart below shows the one year performance of SBUX shares, versus its 200 day moving average:

Looking at the chart above, SBUX’s low point in its 52 week range is $95.92 per share, with $126.32 as the 52 week high point — that compares with a last trade of $112.28. The SBUX DMA information above was sourced from TechnicalAnalysisChannel.com

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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