Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $144.1700 (-3.49%) ($144.0900 - $152.2700) on Wed. Feb. 23, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.12% (three month average) | RSI | 30 | Latest Price | $144.1700(-3.49%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -3% a day on average for past five trading days. | Weekly Trend | SPOT declines -5.7% a week on average for past two weeks. | Market Behavior | Broad based 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(67%) QQQ(67%) IPO(66%) IVW(66%) IWF(66%) | Factors Impacting SPOT price | SPOT will decline at least -2.06% in a week (0% probabilities). VIXM(-29%) UUP(-18%) TBT(-6%) UNG(-5%) VXX(-3%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.06% (StdDev 4.12%) | Hourly BBV | -1.9 () | Intraday Trend | -4.5% | | | |
|
Resistance Level | $168.68 | 5 Day Moving Average | $153.8(-6.26%) | 10 Day Moving Average | $159.93(-9.85%) | 20 Day Moving Average | $168.68(-14.53%) | To recent high | -42.5% | To recent low | 0% | Market Cap | $27.392b | | | | 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. |