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Shares of SBUX Up 43.1% Since Uptrend Call on Shares

Aug 14, 2019 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Starbucks Corp (NASDAQ:SBUX) on January 25th, 2019 at $66.90. In approximately 7 months, Starbucks Corp has returned 43.10% as of today's recent price of $95.73.

Over the past year, Starbucks Corp has traded in a range of $51.47 to $99.72 and is now at $95.73, 86% above that low. The 200-day and 50-day moving averages have moved 0.76% higher and 1.36% higher over the past week, respectively.

Starbucks Corporation retails, roasts, and provides its own brand of specialty coffee. The Company operates retail locations worldwide and sells whole bean coffees through its sales group, direct response business, supermarkets, and on the world wide web. Starbucks also produces and sells bottled coffee drinks and a line of ice creams.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Starbucks Corp shares.Log in and add Starbucks Corp (SBUX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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