Starbucks Breaks Below 200-Day Moving Average - Notable for SBUX


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In trading on Wednesday, shares of Starbucks Corp. (Symbol: SBUX) crossed below their 200 day moving average of $74.20, changing hands as low as $73.52 per share. Starbucks Corp. shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of SBUX shares, versus its 200 day moving average: Starbucks Corp. 200 Day Moving Average Chart

Looking at the chart above, SBUX's low point in its 52 week range is $56.21 per share, with $82.50 as the 52 week high point - that compares with a last trade of $73.54.

According to the ETF Finder at ETF Channel, SBUX makes up 2.77% of the Consumer Discretionary Select Sector SPDR Fund ETF (Symbol: XLY) which is trading lower by about 0.8% on the day Wednesday.

Click here to find out which 9 other dividend 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.

This article appears in: Investing Investing Ideas
Referenced Stocks: SBUX , XLY

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