In trading on Wednesday, shares of Starbucks crossed above their 200 day moving average of $95.69, changing hands as high as $95.91 per share. Starbucks shares are currently trading up about 4% on the day.
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The chart below shows the one year performance of SBUX shares, versus its 200 day moving average:
Looking at the chart above, SBUX’s low point in its 52 week range is $71.55 per share, with $117.46 as the 52 week high point — that compares with a last trade of $95.42. The SBUX DMA information above was sourced from TechnicalAnalysisChannel.com
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