Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $136.9600 (2.2%) ($132.2500 - $138.2900) on Thu. Nov. 15, 2018. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.64% (three month average) | RSI | 43 | Latest Price | $136.9600(2.2%) | Stocks Behave Similarly | Similar Stock List | Weekly Trend | SPOT declines -3.3% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support SPOT advance at 0% a week (0% probability) IBUY(60%) ARKK(59%) QQQ(58%) ONLN(57%) SKYY(57%) | Factors Impacting SPOT price | SPOT will decline at least -1.32% in a week (0% probabilities). VXX(-12%) UUP(-11%) VIXM(-7%) TLT(-3%) XHB(-2%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.32% (StdDev 2.64%) | Hourly BBV | 0 () | Intraday Trend | 3.4% | | | |
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1 - 5 Day Possible Target | $129.18(-5.68%) | Resistance Level | $141.9 | 5 Day Moving Average | $134.39(1.91%) | 10 Day Moving Average | $137.79(-0.6%) | 20 Day Moving Average | $141.9(-3.48%) | To recent high | -29.7% | To recent low | 4.3% | Market Cap | $26.022b | | | | Spotify Technology SA is a digital music service offering music fans instant access to a world of music. The company operates through the following segments: Premium and Ad-Supported. The Premium segment provides subscribers with unlimited online and offline high-quality streaming access of music and podcasts on computers, tablets, and mobile devices, users can connect through speakers, receivers, televisions, cars, game consoles, and smart watches. It also offers a music listening experience without commercial breaks. The Ad-Supported segment provides users with limited on-demand online access of music and unlimited online access of podcasts on their computers, tablets, and compatible mobile devices. It also serves both premium subscriber acquisition channel and a robust option for users who are unable or unwilling to pay a monthly subscription fee but still want to enjoy access to a wide variety of high-quality audio content. The company was founded by Daniel Ek and Martin Lorentzon in April, 2006 and is headquartered in Luxembourg. |