Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $101.9600 (-8.42%) ($101.6700 - $106.4600) on Tue. Sep. 13, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.71% (three month average) | RSI | 44 | Latest Price | $101.9600(-8.42%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -0.1% a day on average for past five trading days. | Weekly Trend | SPOT declines -1.3% 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) IVW(60%) IWF(60%) QQQ(60%) SPY(55%) FIVG(52%) | Factors Impacting SPOT price | SPOT will decline at least -1.855% in a week (0% probabilities). UUP(-13%) VIXM(-9%) TBT(-8%) UNG(-7%) VXX(2%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.855% (StdDev 3.71%) | Hourly BBV | -1.5 () | Intraday Trend | -3.8% | | | |
|
Resistance Level | $108.94 | 5 Day Moving Average | $106.92(-4.64%) | 10 Day Moving Average | $106.35(-4.13%) | 20 Day Moving Average | $108.94(-6.41%) | To recent high | -17.5% | To recent low | 8.7% | Market Cap | $19.372b | | | | 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. |