Here''s Why Starbucks Looks To Have A Big Stock Move Brewing Starbucks Corporation (NASDAQ: SBUX ) was trading slightly lower on Monday after five bullish days last week saw the stock soar almost 10% higher in total. The stock is trading down about 38% from its July 23, 2021 all-time high of $126.32 but has recently been trending higher in a weekly uptrend after bouncing up from the 52-week low of $68.39 on May 12. Although the weekly uptrend remains intact, Starbucks hasn’t yet confirmed a daily uptrend on the most recent move higher, which began on June 16. An uptrend occurs when a stock consistently makes a series of higher highs and higher lows on the chart. The higher highs indicate the bulls are in control, while intermittent higher lows indicate consolidation periods. Traders can use moving averages to help identify an uptrend, with rising lower time frame moving averages (such as the eight-day or 21-day exponential moving averages) indicating the stock is in a steep shorter-term uptrend. Rising longer-term moving averages (such as the 200-day simple moving average) indicate a long-term uptrend.