If you checked the StockChartsTechnical Rank (SCTR) report on Tuesday morning, you might have seen the massive spike in Starbucks’ (SBUX) change in value of +62.3. It occupied the highest “Top Up” spot for the Large-Cap stocks category. Huge Spike in Starbucks SCTR Score A rising SCTR score of 78.5 looks promising, but the sudden spike raised some eyebrows. As you might know, SCTR is your go-to for spotting the strongest stocks from a technical standpoint, as it uses multiple indicators across several timeframes. SBUX was the Top Up in the Large Cap SCTR category. SBUX jumped from an ultra-bearish 10 to a bullish 78.5 (this figure will fluctuate slightly as the price changes throughout the day). At this stage, it’s worth a sector check. A glance at the MarketCarpet for the Consumer Discretionary sector shows how SBUX compares to other Consumer Discretionary stocks. SBUX stock rose over 24.50% on…
