Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $150.0000 (-2.76%) ($148.0600 - $154.7100) on Mon. May. 7, 2018. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.69% (three month average) | RSI | 55 | Latest Price | $150.0000(-2.76%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -1.4% a day on average for past five trading days. | Weekly Trend | SPOT advances 1.6% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support SPOT advance at 0% a week (0% probability) ARKK(59%) IBUY(59%) QQQ(57%) SKYY(56%) IWF(55%) | Factors Impacting SPOT price | SPOT will decline at least -1.345% in a week (0% probabilities). VIXM(-9%) UUP(-9%) TLT(-3%) GDXJ(-2%) XHB(-0%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.345% (StdDev 2.69%) | Hourly BBV | 0 () | Intraday Trend | -2.9% | | | |
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Resistance Level | $155.54 | 5 Day Moving Average | $159.9(-6.19%) | 10 Day Moving Average | $158.63(-5.44%) | 20 Day Moving Average | $155.54(-3.56%) | To recent high | -11.8% | To recent low | 4.2% | Market Cap | $28.5b | | | | 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. |