Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $174.7900 (-5.03%) ($173.5800 - $192.9100) on Wed. Jan. 26, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.88% (three month average) | RSI | 18 | Latest Price | $174.7900(-5.03%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -3.3% a day on average for past five trading days. | Weekly Trend | SPOT declines -8.5% a week on average for past two weeks. | Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support SPOT advance at 0% a week (0% probability) IBUY(68%) IPO(67%) IWF(67%) QQQ(67%) IVW(66%) | Factors Impacting SPOT price | SPOT will decline at least -1.44% in a week (0% probabilities). VIXM(-33%) UUP(-18%) VXX(-5%) TBT(-5%) UNG(-4%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.44% (StdDev 2.88%) | Hourly BBV | -2.6 () | Intraday Trend | -7.7% | | | |
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Resistance Level | $217.83 | 5 Day Moving Average | $191.32(-8.64%) | 10 Day Moving Average | $204.04(-14.34%) | 20 Day Moving Average | $217.83(-19.76%) | To recent high | -41.9% | To recent low | 0% | Market Cap | $33.21b | | | | 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. |