Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $162.2100 (0.17%) ($159.5300 - $166.0600) on Mon. Feb. 14, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.04% (three month average) | RSI | 44 | Latest Price | $162.2100(0.17%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -1.1% a day on average for past five trading days. | Weekly Trend | SPOT declines -3.9% a week on average for past two weeks. | Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support SPOT advance at 0% a week (0% probability) QQQ(67%) IBUY(66%) IPO(66%) IVW(66%) IWF(66%) | Factors Impacting SPOT price | SPOT will decline at least -2.02% in a week (0% probabilities). VIXM(-29%) UUP(-18%) TBT(-6%) UNG(-5%) VXX(-3%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.02% (StdDev 4.04%) | Hourly BBV | -0.9 () | Intraday Trend | 0.9% | | | |
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Resistance Level | $181.68 | 5 Day Moving Average | $166.68(-2.68%) | 10 Day Moving Average | $172.86(-6.16%) | 20 Day Moving Average | $181.68(-10.72%) | To recent high | -41.7% | To recent low | 1.5% | Market Cap | $30.82b | | | | 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. |