Trading Signals: SPOT Stock Price Prediction and Forecast

^ SPOT: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Jun. 30, 2020

Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)

(Spotify Technology S.A.)
SPOT latest price $258.1900 (-2.62%) ($253.6400 - $265.7800) on Tue. Jun. 30, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.6% (three month average)
RSI   80
Latest Price   $258.1900(-2.62%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPOT advances 1.3% a day on average for past five trading days.
Weekly Trend   SPOT advances 18.1% 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(62%)    IPO(62%)    ARKK(60%)    IWF(60%)    QQQ(60%)
Factors Impacting SPOT price   SPOT will decline at least -1.8% in a week (0% probabilities).
VIXM(-29%)    UUP(-17%)    VXX(-8%)    TBT(-6%)    UNG(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.8% (StdDev 3.6%)
Hourly BBV 0 ()
Intraday Trend -2%

5 Day Moving Average   $259.72(-0.59%)
10 Day Moving Average   $244.46(5.62%)
20 Day Moving Average   $216.09(19.48%)
To recent high   -3.5%
To recent low   112.6%
Market Cap   $49.056b

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.

$. SPOT price fluctuates within 14.92% (three month std-dev: 3.6%) daily (68% of days).

Sample size 7 Average positive next day return: 5.42%(43%) Average negative next day return: -1.99%(57%) Sample size 7 Average positive next three day return: 5.55%(43%) Average negative next three day return: -4.23%(57%) Sample size 7 Average positive next weekly return: 8.91%(29%) Average negative next weekly return: -6.6%(71%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200730

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_30_2020	158.4	216.09	244.46	259.72	260.45	261.25	258.19(-2.62%)	UD	OpenLong	75	-0	88	30	15	308	3.52	81%	0.71	68.6	3.6%	0	1.3	80	0.3
2	Jun_29_2020	157.28	212.52	237.58	256.44	255.91	263.4	265.14(0.07%)	UT	HoldLong	65	0.3	161	200	101	340	4.77	81%	0.72	68	3.57%	0	1.7	81	-0.2
3	Jun_26_2020	156.15	208.23	229.97	250.62	251.71	259.66	264.95(-0.94%)	UD	OpenLong	75	0.5	272	230	237	378	6.5	79%	0.73	65.7	3.62%	0	1.9	82	-0.9
4	Jun_25_2020	155.02	203.83	221.52	243.89	243.69	248.43	267.47(10.13%)	UT	HoldLong	65	0.9	173	130	127	312	8.58	76%	0.8	62.6	3.61%	0	2.4	84	-0.3
5	Jun_24_2020	153.79	199.07	212.47	235.45	238.54	243.77	242.86(0.45%)	UT	HoldLong	65	0.3	181	190	143	294	4.95	76%	0.59	60.6	3.49%	0	2	82	-0.7

6	Jun_23_2020	152.89	196.03	206.95	226.84	232.47	238.95	241.76(2.41%)	UT	HoldLong	65	0.8	230	270	213	279	8.06	72%	0.65	58.1	3.66%	0	2.3	78	-0
7	Jun_22_2020	151.91	193.24	201.61	215.59	219.42	233.31	236.06(2.06%)	UT	OpenLong	75	1.2	217	500	214	226	6.35	72%	0.64	56	3.73%	0	2.5	72	-0.2
8	Jun_19_2020	150.95	190.7	196.44	205.95	208.19	225.99	231.29(2.67%)	UT	OpenLong	75	1.9	366	630	401	260	12.86	72%	0.61	59.7	3.77%	0	3	74	-0.8
9	Jun_18_2020	150.04	188.52	191.42	195.71	195.41	205.54	225.28(12.74%)	UT	OpenLong	75	3	263	360	294	171	12.35	72%	0.57	71.7	3.83%	0	3.7	73	-0.7
10	Jun_17_2020	149.19	186.53	186.75	186.39	186.41	190.39	199.83(7.74%)	UT	OpenLong	75	2.5	91	150	103	56	3.15	68%	0.38	120.3	3.54%	0	2.5	67	-0.9

11	Jun_16_2020	148.62	185.27	185.09	184.3	183.55	185.27	185.48(-1.28%)	UD	OpenLong	75	0.2	26	50	29	15	1.06	60%	0.28	138.8	3.43%	0	0	50	-1
12	Jun_15_2020	148.2	184.19	185.43	185.47	184.59	182.43	187.88(4.34%)	N/A	N/A	0	0.3	-2	-100	-5	6	1.4	60%	0.28	105.6	3.7%	0	0.5	47	-1.3
13	Jun_12_2020	147.78	182.85	184.91	185.35	186.31	181.82	180.07(0.78%)	DP	OpenShort	-75	-0.6	-63	-150	-75	-28	0.91	56%	0.22	88.6	3.69%	0	-0.3	42	-1.4
14	Jun_11_2020	147.46	181.63	184.91	186.19	187.03	186.74	178.68(-5.66%)	DT	OpenShort	-75	-0.7	-48	0	-55	-25	1.73	54%	0.21	76.3	3.78%	0	-0.3	39	-2.6
15	Jun_10_2020	147.15	180.33	185.1	186.83	186.92	190.81	189.4(-1%)	UD	OpenLong	75	0.2	53	150	65	16	2.11	57%	0.28	67	3.76%	0	0.7	49	0.9

16	Jun_9_2020	146.74	178.63	184.69	185.87	184.92	187.32	191.31(2.14%)	UT	OpenLong	75	0.4	53	80	64	19	1.58	55%	0.31	64.4	3.76%	0	0.9	64	1
17	Jun_8_2020	146.28	176.91	184.52	185.48	184.25	183.03	187.3(1.64%)	UT	OpenLong	75	0.1	9	-70	6	17	1.2	55%	0.27	66.1	3.79%	0	0.7	71	1.6
18	Jun_5_2020	145.88	175.21	184.72	184.56	184.64	182.51	184.28(1.34%)	N/A	N/A	0	-0	-23	-80	-37	20	1.16	56%	0.23	64.7	3.8%	0	0.6	71	2
19	Jun_4_2020	145.54	173.48	185.49	183.89	184.71	185.46	181.84(-1.51%)	UD	OpenLong	65	-0.1	11	40	-7	63	1.2	58%	0.21	59.5	3.81%	0	0.5	74	1.6
20	Jun_3_2020	145.24	171.89	186.29	182.97	183.79	186.77	184.63(-2.5%)	UD	OpenLong	75	0.1	66	130	49	115	1.52	58%	0.25	53.9	3.84%	0	0.8	77	1.7

21	Jun_2_2020	144.88	169.96	185.47	183.23	182.1	183.96	189.36(3.64%)	UT	OpenLong	75	0.4	64	50	40	134	1.55	58%	0.28	54.8	3.83%	0	1.1	74	1.3
22	Jun_1_2020	144.48	167.77	182.86	183.56	182.13	180.82	182.71(0.98%)	UD	OpenLong	65	-0	22	-70	-13	125	1.31	58%	0.19	57.2	3.82%	0	0.9	70	1
23	May_29_2020	144.21	165.89	180.71	185.05	184.19	180.25	180.93(2.09%)	N/A	N/A	0	-0.2	-21	-160	-69	122	1.16	58%	0.17	61.8	3.85%	0	0.9	72	1.3
24	May_28_2020	143.97	164.4	178.1	187.42	186.93	183.43	177.22(-4.69%)	N/A	N/A	0	-0.6	-33	-140	-89	137	1.86	58%	0.13	71.3	3.87%	0	0.7	73	0.9
25	May_27_2020	143.78	163.29	175.56	189.93	189.63	188.14	185.95(-2.64%)	UD	OpenLong	65	-0.2	36	-60	-16	192	2.33	58%		82.8	3.82%	0	1.3	79	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.