Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $105.1800 (-0.64%) ($103.7200 - $106.5900) on Thu. Sep. 8, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.72% (three month average) | RSI | 34 | Latest Price | $105.1800(-0.64%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -0.6% a day on average for past five trading days. | Weekly Trend | SPOT declines -2.7% 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) IVW(60%) IWF(60%) QQQ(60%) SPY(55%) FIVG(52%) | Factors Impacting SPOT price | SPOT will decline at least -1.86% in a week (0% probabilities). EDOC(-15%) UUP(-13%) VIXM(-9%) TBT(-8%) UNG(-6%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.86% (StdDev 3.72%) | Hourly BBV | 0.7 () | Intraday Trend | 0.8% | | | |
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1 - 5 Day Possible Target | $97.62(-7.19%) | Resistance Level | $111.04 | 5 Day Moving Average | $104.91(0.26%) | 10 Day Moving Average | $106.98(-1.68%) | 20 Day Moving Average | $111.04(-5.28%) | To recent high | -14.9% | To recent low | 12.1% | Market Cap | $19.984b | | | | 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. |