Based on the provided data and recent market developments, here's a comprehensive analysis for SBUX's price movement in the next trading week:
Technical Analysis
The technical indicators show:
- RSI(14) at 66.69 indicates the stock is approaching overbought territory but still has room to move higher
- MACD at 0.79 suggests positive momentum
- Current price is below both SMA-60 (96.37) and SMA-20 (93.66), indicating bearish pressure in the medium term
Fundamental Catalysts
- Starbucks will report Q1 2025 earnings on February 4th
- Analysts expect EPS of $0.66, representing a 26.7% decline from the year-ago quarter
- Full-year 2025 EPS is projected at $3.10, down 6.3% from fiscal 2024
- The company faces significant challenges including:
- Decreasing consumer traffic
- Declining store sales across North America and internationally
- Growing competition and rising marketing costs
Price Levels Analysis
Based on Fibonacci levels:
- Resistance 1: $98.18
- Resistance 2: $99.98
- Support 1: $92.34
- Support 2: $90.54
- Pivot: $95.26
Next Week Price Prediction
Given the technical setup and upcoming earnings catalyst, SBUX is likely to trade between $92.34-$95.26 next week. The stock is expected to face resistance at the pivot level of $95.26 due to:
- Bearish sentiment ahead of expected weak earnings
- Technical resistance from moving averages
- Overall market uncertainty with major tech earnings coming up
Trading Recommendation
SELL with target price of $92.34 (Support 1)
- Entry: Current market price
- Stop loss: $96.50 (above pivot)
- Risk/Reward ratio: 1:1.5
Based on the provided data and recent market developments, here's a comprehensive analysis for SBUX's price movement in the next trading week:
Technical Analysis
The technical indicators show:
- RSI(14) at 66.69 indicates the stock is approaching overbought territory but still has room to move higher
- MACD at 0.79 suggests positive momentum
- Current price is below both SMA-60 (96.37) and SMA-20 (93.66), indicating bearish pressure in the medium term
Fundamental Catalysts
- Starbucks will report Q1 2025 earnings on February 4th
- Analysts expect EPS of $0.66, representing a 26.7% decline from the year-ago quarter
- Full-year 2025 EPS is projected at $3.10, down 6.3% from fiscal 2024
- The company faces significant challenges including:
- Decreasing consumer traffic
- Declining store sales across North America and internationally
- Growing competition and rising marketing costs
Price Levels Analysis
Based on Fibonacci levels:
- Resistance 1: $98.18
- Resistance 2: $99.98
- Support 1: $92.34
- Support 2: $90.54
- Pivot: $95.26
Next Week Price Prediction
Given the technical setup and upcoming earnings catalyst, SBUX is likely to trade between $92.34-$95.26 next week. The stock is expected to face resistance at the pivot level of $95.26 due to:
- Bearish sentiment ahead of expected weak earnings
- Technical resistance from moving averages
- Overall market uncertainty with major tech earnings coming up
Trading Recommendation
SELL with target price of $92.34 (Support 1)
- Entry: Current market price
- Stop loss: $96.50 (above pivot)
- Risk/Reward ratio: 1:1.5