Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $140.2600 (-4.91%) ($139.5100 - $144.8900) on Mon. Nov. 18, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.83% (three month average) | RSI | 61 | Latest Price | $140.2600(-4.91%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -0.9% a day on average for past five trading days. | Weekly Trend | SPOT advances 0.3% a week on average for past two weeks. | Market Behavior | Normal for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support SPOT advance at 0% a week (0% probability) IPO(62%) IBUY(61%) ARKK(59%) QQQ(58%) ONLN(57%) | Factors Impacting SPOT price | SPOT will decline at least -1.415% in a week (0% probabilities). VIXM(-30%) VXX(-12%) UUP(-11%) UNG(-1%) TBT(-1%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.415% (StdDev 2.83%) | Hourly BBV | 0 () | Intraday Trend | -3.1% | | | |
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Resistance Level | $140.99 | 5 Day Moving Average | $145.94(-3.89%) | 10 Day Moving Average | $147.01(-4.59%) | 20 Day Moving Average | $140.99(-0.52%) | To recent high | -9% | To recent low | 25% | Market Cap | $26.649b | | | | 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. |