Starbucks's most recent trend suggests a bearish bias. One trading opportunity on Starbucks is a Bear Call Spread using a strike $81.00 short call and a strike $86.00 long call offers a potential 9.89% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $81.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $86.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Starbucks is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Starbucks is bearish.
The RSI indicator is at 49.11 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Starbucks
Food trends cater to youth in 2015
Sat, 10 Jan 2015 11:04:01 GMT
Starbucks moves Tazo tea out of its shops
Fri, 09 Jan 2015 23:21:02 GMT
Reuters – Starbucks Corp this week began selling its Tazo tea products exclusively in non-Starbucks retailers, a company spokeswoman said on Friday. The world's biggest coffee chain on Tuesday replaced Tazo tea …
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Schultz: Starbucks COO not leaving for health concerns, rumors are ‘irresponsible'
Fri, 09 Jan 2015 21:10:11 GMT
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