Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $114.0000 (1.57%) ($110.7500 - $115.6700) on Mon. Sep. 30, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.82% (three month average) | RSI | 27 | Latest Price | $114.0000(1.57%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -1.3% a day on average for past five trading days. | Weekly Trend | SPOT declines -5.8% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Normal 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 -0.91% in a week (0% probabilities). VIXM(-30%) VXX(-12%) UUP(-10%) TLT(-1%) UNG(-0%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.91% (StdDev 1.82%) | Hourly BBV | 0 () | Intraday Trend | 1.7% | | | |
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Resistance Level | $125.71 | 5 Day Moving Average | $115.49(-1.29%) | 10 Day Moving Average | $119.79(-4.83%) | 20 Day Moving Average | $125.71(-9.32%) | To recent high | -27.7% | To recent low | 1.6% | Market Cap | $21.66b | | | | 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. |