Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $144.3400 (-1.56%) ($141.5000 - $145.3800) on Mon. Jan. 27, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.6% (three month average) | RSI | 28 | Latest Price | $144.3400(-1.56%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -0.5% a day on average for past five trading days. | Weekly Trend | SPOT declines -3.1% a week on average for past two weeks. | Market Behavior | Broad based 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(62%) IBUY(61%) ARKK(60%) ONLN(58%) QQQ(58%) | Factors Impacting SPOT price | SPOT will decline at least -1.3% in a week (0% probabilities). VIXM(-30%) VXX(-12%) UUP(-11%) IGOV(-5%) UNG(-2%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.3% (StdDev 2.6%) | Hourly BBV | 0 () | Intraday Trend | 0.9% | | | |
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Resistance Level | $151.46 | 5 Day Moving Average | $147.4(-2.08%) | 10 Day Moving Average | $148.87(-3.04%) | 20 Day Moving Average | $151.46(-4.7%) | To recent high | -9.1% | To recent low | 6.1% | Market Cap | $27.425b | | | | 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. |