Trading Signals: SPOT Stock Price Prediction and Forecast

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Fri. Jan. 27, 2023

Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)

(Spotify Technology S.A.)
SPOT latest price $102.2400 (0.93%) ($100.3200 - $103.3100) on Fri. Jan. 27, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.16% (three month average)
RSI   93
Latest Price   $102.2400(0.93%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPOT advances 0.9% a day on average for past five trading days.
Weekly Trend   SPOT advances 6.7% a week on average for past two weeks.
Market Behavior   Normal for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support SPOT advance at 0% a week (0% probability)
IWF(44%)    VUG(44%)    QQQ(43%)    IVW(42%)    XLC(41%)
Factors Impacting SPOT price   SPOT will decline at least -1.58% in a week (0% probabilities).
VIXM(-29%)    UUP(-10%)    TBT(-10%)    VXX(-8%)    GLD(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.58% (StdDev 3.16%)
Hourly BBV 1.3 ()
Intraday Trend 1.7%

5 Day Moving Average   $100.56(1.67%)
10 Day Moving Average   $97.32(5.06%)
20 Day Moving Average   $91.27(12.02%)
To recent high   0%
To recent low   43.9%
Market Cap   $19.426b

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.

$. SPOT price fluctuates within 8.03% (three month std-dev: 3.16%) daily (68% of days).

Sample size 50 Average positive next day return: 2.44%(54%) Average negative next day return: -2.35%(46%) Sample size 50 Average positive next three day return: 4.6%(48%) Average negative next three day return: -3.93%(52%) Sample size 50 Average positive next weekly return: 6.57%(44%) Average negative next weekly return: -4.44%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_27_2023	85.44	91.27	97.32	100.56	99.97	101.39	102.24(0.93%)	UT	HoldLong	65	0.2	61	80	35	140	1.75	64%	-0.04	85.9	3.16%	1.3	1.5	93	-1.7
2	Jan_26_2023	85.47	90	96.21	99.69	99.92	99.54	101.3(1.27%)	UT	HoldLong	65	0.2	64	-20	35	152	1.5	54%	-0.06	82.9	3.19%	1.1	1.5	94	-1.6
3	Jan_25_2023	85.52	88.76	95.23	98.15	98.87	98.55	100.03(0.75%)	UT	HoldLong	50	0.3	28	-0	-5	126	2.18	54%	-0.04	78.6	3.6%	-0.1	1.5	94	-1.6
4	Jan_24_2023	85.55	87.63	94.29	96.69	97.56	100.31	99.29(-0.65%)	TP	CloseLong	-10	0.3	65	220	38	147	1.48	57%	0.18	75.3	3.62%	0.2	1.6	91	-1.5
5	Jan_23_2023	85.4	86.54	92.89	95.18	95.89	99.2	99.94(2.07%)	UT	HoldLong	65	0.7	107	260	88	163	4.69	57%	-0.06	77.1	3.71%	0.9	1.9	94	-1.6

6	Jan_20_2023	85.45	85.39	91.25	93.61	93.48	94.82	97.91(4.63%)	UT	HoldLong	65	0.6	74	100	50	144	2.76	57%	-0.11	74.1	3.7%	1.5	1.9	93	-1.3
7	Jan_19_2023	85.54	84.28	89.63	92.26	92.06	92.57	93.58(0.92%)	UT	HoldLong	65	0.2	42	30	13	129	2.28	55%	-0.18	70.5	3.66%	3.3	1.5	93	-1.2
8	Jan_18_2023	85.69	83.27	88.44	91.9	91.42	92.14	92.73(1.07%)	UT	HoldLong	65	0.1	44	40	12	139	2.24	55%	-0.17	66.5	3.66%	2.3	1.6	93	-1.1
9	Jan_17_2023	85.84	82.35	87.36	91.51	91.2	91.54	91.75(-0.34%)	UD	OpenLong	75	0	59	20	28	153	1.75	58%	-0.49	64.6	3.67%	0.7	1.6	86	-1.6
10	Jan_13_2023	86.26	81.38	86.1	90.17	90.21	90.7	92.06(0.94%)	UT	HoldLong	65	0.3	51	40	21	140	2.14	58%	-0.25	53.4	3.71%	1.2	1.8	85	-1.9

11	Jan_12_2023	86.48	80.69	84.79	88.46	88.61	90.86	91.2(-0.6%)	UD	OpenLong	75	0.5	66	180	43	136	1.77	58%	-0.22	50.3	3.71%	0.7	1.9	85	-1.6
12	Jan_11_2023	86.67	80.11	83.33	86.54	86.72	89.72	91.75(1.06%)	UT	HoldLong	65	1	93	250	80	132	1.63	55%	-0.2	51	3.71%	1	2.3	88	-1.9
13	Jan_10_2023	86.84	79.44	81.77	84.46	84.07	86.37	90.79(6.76%)	UT	HoldLong	65	1.5	70	180	58	107	2.04	55%	-0.23	48.6	3.76%	1.6	2.7	90	-2.1
14	Jan_9_2023	87.04	78.75	80.38	82.68	82.65	83.72	85.04(1.8%)	UT	HoldLong	65	0.7	54	90	42	90	1.38	51%	-0.31	45.1	3.67%	1.1	1.9	78	-2
15	Jan_6_2023	87.31	78.35	79.64	81.46	81.74	81.77	83.54(2.4%)	UT	HoldLong	65	0.7	33	10	18	78	1.19	49%	-0.37	36.4	3.71%	1.7	1.8	80	-1.8

16	Jan_5_2023	87.63	77.94	79.01	80.55	80.56	81.59	81.58(0.31%)	UT	OpenLong	75	0.4	23	90	10	62	1.56	47%	-0.38	24.2	3.7%	0.8	1.4	54	-1
17	Jan_4_2023	87.96	77.62	78.49	79.56	79.95	81.72	81.33(-0.7%)	UD	OpenLong	75	0.7	50	170	47	57	1.84	50%	-0.45	14.4	3.72%	0.8	1.5	49	-0.9
18	Jan_3_2023	88.36	77.44	77.7	78.6	78.59	79.54	81.9(3.74%)	UT	OpenLong	75	1.4	33	80	34	29	1.29	50%	-0.88	6.5	3.81%	1.7	1.9	53	-0.1
19	Dec_30_2022	89.14	77.44	76.96	77.76	77.28	78.18	78.95(-0.08%)	UD	OpenLong	75	0.5	8	60	9	3	1.26	50%	-0.49	-0.4	3.8%	1.3	0.7	52	1
20	Dec_29_2022	89.58	77.44	76.32	77.56	77.18	77.64	79.01(3.13%)	N/A	N/A	0	0.7	16	30	22	-4	0.98	47%	-0.47	-0.3	3.8%	0	0.8	53	-57.9

21	Dec_28_2022	90	77.32	76.29	77.26	76.77	76.38	76.61(0.12%)	DP	OpenShort	-75	-0.3	-8	-50	-6	-13	1.62	49%	-0.44	4.1	3.86%	-0.4	-0.3	54	1.3
22	Dec_27_2022	90.4	77.26	76.67	77.24	76.98	76.71	76.52(-1.52%)	N/A	N/A	0	-0.3	1	-30	1	0	1.18	49%	-0.79	5.7	3.9%	-0.3	-0.3	55	1.2
23	Dec_23_2022	91.12	77.28	76.96	76.58	76.62	77.17	77.7(-0.33%)	N/A	N/A	0	0.5	7	50	10	-1	0.94	49%	-0.49	-2.7	3.86%	0.2	0.2	49	1.3
24	Dec_22_2022	91.57	77.32	76.99	75.99	75.73	77.25	77.96(0.61%)	N/A	N/A	0	0.9	22	130	30	-3	1.65	49%	-0.47	-11.1	3.88%	0.3	0.3	46	1.8
25	Dec_21_2022	92	77.33	76.95	74.87	74.87	76.07	77.49(1.28%)	RB	SmallLong	20	1.1	15	110	26	-20	1.51	49%		-32.4	3.9%	1.1	0.1	47	1.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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