Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $142.5500 (-0.27%) ($141.5900 - $143.2300) on Sun. Dec. 1, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.78% (three month average) | RSI | 38 | Latest Price | $142.5500(-0.27%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT advances 0.5% a day on average for past five trading days. | Weekly Trend | SPOT declines -1.5% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support SPOT advance at 0% a week (0% probability) (0%) (0%) (0%) (0%) (0%) | Factors Impacting SPOT price | SPOT will decline at least -1.39% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.39% (StdDev 2.78%) | Hourly BBV | 0 () | Intraday Trend | 0.4% | | | |
|
Resistance Level | $144.71 | 5 Day Moving Average | $142.41(0.1%) | 10 Day Moving Average | $141.41(0.81%) | 20 Day Moving Average | $144.71(-1.49%) | To recent high | -7.5% | To recent low | 27% | Market Cap | $N/A | | | | 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. |