Shares of Starbucks (NASDAQ:SBUX - Analyst Report) traded at a new 52-week high today of $40.00. Approximately 644,000 shares have traded hands today vs. average 30-day volume of 6.2 million shares.
Starbucks is currently trading at $39.93, approximately 9.6% above its 50-day moving average of $36.44. SmarTrend will be monitoring shares of SBUX to see if this bullish momentum will continue.
In the last five trading sessions, the 50-day MA has climbed 0.65% while the 200-day MA has risen 0.82%.
In the past 52 weeks, shares of Starbucks have traded between a low of $22.50 and a high of $39.79 and are now at $39.77, which is 77% above that low price.
SmarTrend currently has shares of Starbucks in an Uptrend and issued the Uptrend alert on February 14, 2011 at $33.48. The stock has risen 17.9% since the Uptrend alert was issued.
Starbucks is currently trading at $39.93, approximately 9.6% above its 50-day moving average of $36.44. SmarTrend will be monitoring shares of SBUX to see if this bullish momentum will continue.
In the last five trading sessions, the 50-day MA has climbed 0.65% while the 200-day MA has risen 0.82%.
SmarTrend currently has shares of Starbucks in an Uptrend and issued the Uptrend alert on February 14, 2011 at $33.48. The stock has risen 17.9% since the Uptrend alert was issued.
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