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 ยป



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



This article appears in: Investing , Investing Ideas

Referenced Stocks: SBUX , XLY

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