Trading Signals: SPOT Stock Price Prediction and Forecast

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Fri. Feb. 26, 2021

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

(Spotify Technology S.A.)
SPOT latest price $307.3800 (1.43%) ($295.3400 - $311.8300) on Fri. Feb. 26, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.69% (three month average)
RSI   54
Latest Price   $307.3800(1.43%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPOT declines -3.4% a day on average for past five trading days.
Weekly Trend   SPOT declines -0.7% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Rotation from value to growth for small cap.
Correlated ETFs   Broad market will support SPOT advance at 0% a week (0% probability)
IBUY(66%)    IPO(66%)    QQQ(65%)    IWF(64%)    ARKK(63%)
Factors Impacting SPOT price   SPOT will decline at least -1.845% in a week (0% probabilities).
VIXM(-31%)    UUP(-18%)    VXX(-7%)    TBT(-6%)    IGOV(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.845% (StdDev 3.69%)
Hourly BBV -0.9 ()
Intraday Trend 2.5%

Inflection Point   Yes
Resistance Level   $333.21
5 Day Moving Average   $326.27(-5.79%)
10 Day Moving Average   $339.04(-9.34%)
20 Day Moving Average   $333.21(-7.75%)
To recent high   -15.7%
To recent low   10.7%
Market Cap   $58.402b

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 5.17% (three month std-dev: 3.69%) daily (68% of days).

Sample size 2 Average positive next day return: 3.95%(50%) Average negative next day return: -0.54%(50%) Sample size 2 Average positive next three day return: 8.34%(100%) Average negative next three day return: %(0%) Sample size 2 Average positive next weekly return: 6.04%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210326

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	Feb_26_2021	304.34	333.21	339.04	326.27	320.94	310.65	307.38(1.43%)	DP	OpenShort	-75	-1.1	-288	-270	-335	-145	2.6	61%	0.2	-11.2	3.69%	-0.9	-1.5	54	0.5
2	Feb_25_2021	303.74	334.3	341.97	337.71	335.17	325.47	303.06(-9.45%)	DT	OpenShort	-75	-2.1	-146	-230	-179	-45	2.42	61%	0.18	1.4	3.72%	-2.4	-1.9	50	0.2
3	Feb_24_2021	303.2	335.81	345.78	348.08	345.78	331.23	334.69(-0.48%)	DT	OpenShort	-75	-0.9	-189	-310	-242	-29	1.47	67%	0.29	20.7	3.5%	-0.5	-0.1	62	1.4
4	Feb_23_2021	302.31	335.92	345.96	352.18	350.51	344.87	336.31(-3.89%)	DT	OpenShort	-75	-1.1	-213	-130	-273	-32	4.15	69%	0.3	34.2	3.5%	-0.8	0	47	1.3
5	Feb_22_2021	301.42	335.79	345.03	355.66	355.9	360.33	349.91(-4.03%)	UD	OpenLong	75	-0.4	93	90	84	119	4.52	72%	0.38	45.5	3.48%	0.3	1	57	1.1

6	Feb_19_2021	300.28	335.13	341.38	353.62	353.53	356.14	364.59(2.74%)	UT	OpenLong	75	0.8	132	50	131	133	1.31	76%	0.4	42.1	3.45%	1.3	2	69	1.5
7	Feb_18_2021	299.09	334.07	336.36	347.08	347.47	351.47	354.88(-0.09%)	UD	OpenLong	75	0.6	62	80	56	80	1.38	76%	0.39	32.9	3.45%	1.4	1.6	61	1.3
8	Feb_17_2021	297.92	332.79	332.54	343.25	342.65	350.92	355.19(0.41%)	UT	OpenLong	75	1	140	160	152	103	1.28	76%	0.4	20.8	3.45%	0.9	1.8	59	1.4
9	Feb_16_2021	296.74	330.96	331.11	339.01	338.42	343.47	353.73(4.13%)	UT	OpenLong	75	1.3	172	100	192	111	1.92	76%	0.62	2.3	3.45%	1.1	2	55	1.2
10	Feb_12_2021	294.91	330.96	328.7	333.02	332.67	334.39	339.7(2.35%)	UT	OpenLong	75	0.7	59	30	64	42	1.12	75%	0.38	-27.9	3.44%	1.5	1	52	1.5

11	Feb_11_2021	293.79	329.19	326.23	327.23	328.24	333.37	331.9(-1.13%)	UD	OpenLong	75	0.4	70	120	86	22	1.03	76%	0.34	-38.6	3.44%	-0.2	0.3	47	1.3
12	Feb_10_2021	292.79	329.84	325.52	323.79	323.12	330.96	335.71(0.51%)	UT	OpenLong	75	1.1	123	160	154	28	1.49	69%	0.34	-32	3.47%	1.1	0.5	45	1
13	Feb_9_2021	291.81	330.28	324.71	320.1	319.1	323.11	334(3.15%)	UT	OpenLong	75	1.2	92	80	121	5	1.43	69%	0.33	-27	3.66%	1.6	0.3	52	1.1
14	Feb_8_2021	290.84	330.69	324.78	322.31	316.87	315.28	323.79(4.19%)	DP	OpenShort	-75	0.1	-52	-90	-52	-52	1.59	69%	0.32	-9.4	3.65%	1.9	-0.6	53	1.1
15	Feb_5_2021	289.91	332.09	325.69	324.08	323.22	315.08	310.77(-1.25%)	DT	OpenShort	-75	-1	-66	-180	-72	-49	2.34	72%	0.27	8.6	3.73%	-1.2	-1.7	49	1.1

16	Feb_4_2021	289.12	333.25	328.57	324.93	326.4	318.46	314.7(-0.8%)	DT	OpenShort	-75	-0.9	-159	-160	-181	-91	2.45	72%	0.28	16.1	3.82%	-0.8	-1.6	42	1.1
17	Feb_3_2021	288.3	333.44	331.9	327.08	327.46	331.36	317.25(-8.06%)	DT	OpenShort	-75	-0.8	-51	90	-56	-35	6.29	72%	0.29	19.8	3.82%	-1	-1.4	41	0.7
18	Feb_2_2021	287.48	333.46	333.51	329.47	329.16	334.34	345.05(3.73%)	UT	OpenLong	75	1.3	145	110	174	56	1.74	76%	0.38	24	3.66%	1.3	1	49	-0.1
19	Feb_1_2021	286.38	331.81	330.98	327.86	326.27	323.55	332.65(5.6%)	DP	OpenShort	-75	0.4	-33	-70	-30	-41	1.18	75%	0.33	13.4	3.68%	1.8	0.1	45	-1.3
20	Jan_29_2021	285.45	331	329.79	328.05	329.17	323.99	315(-3.21%)	DT	OpenShort	-75	-1	-97	-100	-102	-82	1.49	64%	0.25	7.9	3.86%	-1.2	-1.2	33	-2.7

21	Jan_28_2021	284.75	331.36	332.57	332.84	333.02	328.98	325.44(-1.14%)	DT	OpenShort	-75	-0.6	-100	-80	-110	-70	1.53	62%	0.29	17.5	3.86%	-0.8	-0.5	50	-2.2
22	Jan_27_2021	283.92	331.11	334.68	337.42	337.24	334.36	329.2(-2.32%)	DT	OpenShort	-75	-0.6	-48	-60	-56	-23	1.55	62%	0.33	24.8	3.9%	-0.8	-0.1	59	-3
23	Jan_26_2021	283	330.6	336.41	337.86	339.9	337.05	337.01(1.02%)	N/A	N/A	0	-0.1	-16	-40	-23	5	0.82	62%	0.2	19	3.88%	0.5	0.5	62	0.3
24	Jan_25_2021	282.44	330.14	337.03	334.41	338.44	340.13	333.61(-1.58%)	UD	OpenLong	75	-0.1	7	70	2	20	1.39	62%	0.32	12	3.88%	-1.5	0.3	62	0.8
25	Jan_22_2021	281.55	329.97	338.87	331.65	334.37	342.74	338.96(-2.68%)	UD	OpenLong	75	0.5	100	200	109	72	1.08	63%		10.3	3.91%	0.3	0.6	62	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

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