Starbucks (SBUX) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SBUX · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$104.97last close · Aug 4, 202652-week range $77.99 – $109.23 · 3.9% below the high

SBUX Bullish Pennant Pattern

SBUX is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $111.28 (+15.7%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; SBUX's own bullish pennants have hit 75.0%.

DirectionBullishTarget$111.28Projected move+15.7%Breakout level$97.08

New to this pattern? What a bullish pennant is and how to trade it →

SBUX's Most Recent Rising Wedge Trade

SBUX's most recent completed rising wedge resolved as a win: it broke down on Mar 18, 2026 near $96.19, then reached its target at $90.51 on Mar 27, 2026 — a +0.91R move (5.9%) over 7 sessions. Across 146 backtested rising wedges, this setup wins 59.6% of the time.

OutcomeWinResult+0.91REntry$96.19Exit$90.51

Learn about rising wedge

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
SBUX win rate
75.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

SBUX Pattern Trade History

Every completed pattern trade our nightly backtest found on SBUX's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeMar 18, 2026 @ $96.19Mar 27, 2026 @ $90.51Win+0.91R
Bullish PennantFeb 26, 2026 @ $98.85Mar 18, 2026 @ $92.66Loss-1.39R
Rising WedgeJan 14, 2026 @ $91.02Jan 29, 2026 @ $93.88Win+0.36R
TriangleDec 18, 2025 @ $87.69Jan 29, 2026 @ $93.88Win+1.08R
Falling WedgeSep 29, 2025 @ $84.45Oct 6, 2025 @ $82.11Loss-1.50R
TriangleJul 29, 2025 @ $92.25Sep 11, 2025 @ $82.75Win+1.60R
TriangleJun 3, 2025 @ $87.38Jun 23, 2025 @ $92.34Win+1.18R
TriangleOct 3, 2024 @ $95.64Nov 11, 2024 @ $100.31Loss-1.33R
TriangleAug 12, 2024 @ $76.53Sep 3, 2024 @ $93.18Win+4.38R
TriangleMar 4, 2024 @ $92.79Apr 5, 2024 @ $87.03Win+1.39R
Falling WedgeMar 30, 2023 @ $101.44May 3, 2023 @ $103.96Win+0.59R
TriangleJan 27, 2023 @ $108.94Jul 7, 2023 @ $96.05Loss-1.01R

SBUX Support and Resistance Levels

Price found a floor near $92.61 about 8 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $113.92 — still about 9% away.

  • Traders commonly watch $113.92 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $92.61 floor about 8 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $95.35, resistance near $113.20. These are chart/swing-derived levels, not formula pivots.

Resistance
$113.20$182.41$225.87
Support
$95.35$93.02$80.43

SBUX Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$103.06$105.66$101.80$104.97
Aug 3, 2026$107.70$108.36$103.30$103.37
Jul 31, 2026$106.58$108.16$104.59$105.25
Jul 30, 2026$107.22$108.46$103.63$105.85
Jul 29, 2026$103.67$104.91$103.13$104.14
Jul 28, 2026$105.83$106.07$102.66$103.10
Jul 27, 2026$103.81$105.63$103.55$103.65
Jul 24, 2026$103.89$105.16$103.12$103.25
Jul 23, 2026$102.78$103.44$101.93$103.21
Jul 22, 2026$104.03$105.72$102.91$103.98

SBUX Frequently Asked Questions

What chart pattern is SBUX forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on Starbucks (SBUX) on the daily chart, with a measured-move target of $111.28.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on SBUX is a bullish pattern, projecting a measured-move target of $111.28. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for SBUX?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), SBUX's nearest support is around $95.35 and nearest resistance around $113.20.
What is the price target if SBUX's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $111.28 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SBUX's closing price on Aug 4, 2026?
Starbucks (SBUX) last closed at $104.97 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.