Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $175.5000 (-2.34%) ($174.6500 - $180.1200) on Fri. Aug. 3, 2018. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.41% (three month average) | RSI | 44 | Latest Price | $175.5000(-2.34%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -1.2% a day on average for past five trading days. | Weekly Trend | SPOT declines -1.7% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support SPOT advance at 0% a week (0% probability) IBUY(60%) ARKK(59%) QQQ(58%) ONLN(57%) SKYY(57%) | Factors Impacting SPOT price | SPOT will decline at least -1.205% in a week (0% probabilities). VXX(-12%) UUP(-10%) VIXM(-8%) TLT(-3%) GDXJ(-2%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.205% (StdDev 2.41%) | Hourly BBV | 0 () | Intraday Trend | -2.5% | | | |
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Resistance Level | $183.93 | 5 Day Moving Average | $178.99(-1.95%) | 10 Day Moving Average | $183.85(-4.54%) | 20 Day Moving Average | $183.93(-4.58%) | To recent high | -10.6% | To recent low | 17% | Market Cap | $33.345b | | | | 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. |