Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $133.8800 (-2.86%) ($132.8100 - $139.8400) on Tue. Aug. 27, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.9% (three month average) | RSI | 31 | Latest Price | $133.8800(-2.86%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -2% a day on average for past five trading days. | Weekly Trend | SPOT declines -4.9% a week on average for past two weeks. | Market Behavior | Value stocks 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) IPO(61%) IBUY(60%) ARKK(59%) ONLN(57%) QQQ(57%) | Factors Impacting SPOT price | SPOT will decline at least -0.95% in a week (0% probabilities). VIXM(-30%) VXX(-12%) UUP(-10%) IFRA(-3%) TLT(-1%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.95% (StdDev 1.9%) | Hourly BBV | 0 () | Intraday Trend | -4.1% | | | |
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Resistance Level | $148.09 | 5 Day Moving Average | $139.29(-3.88%) | 10 Day Moving Average | $143.21(-6.51%) | 20 Day Moving Average | $148.09(-9.6%) | To recent high | -15.1% | To recent low | 9% | Market Cap | $25.437b | | | | 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. |