Trading Signals: SPOT Stock Price Prediction and Forecast

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Fri. Jun. 25, 2021

Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)

(Spotify Technology S.A.)
SPOT latest price $266.3800 (0.84%) ($261.5900 - $268.2900) on Fri. Jun. 25, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.01% (three month average)
RSI   68
Latest Price   $266.3800(0.84%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPOT advances 1.5% a day on average for past five trading days.
Weekly Trend   SPOT advances 3.1% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SPOT advance at 0% a week (0% probability)
IBUY(67%)    IPO(66%)    IWF(64%)    QQQ(64%)    IVW(63%)
Factors Impacting SPOT price   SPOT will decline at least -1.505% in a week (0% probabilities).
VIXM(-31%)    UUP(-17%)    VXX(-6%)    TBT(-4%)    UNG(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.505% (StdDev 3.01%)
Hourly BBV 1.2 ()
Intraday Trend 0.1%

5 Day Moving Average   $257.3(3.53%)
10 Day Moving Average   $252.24(5.61%)
20 Day Moving Average   $246.61(8.02%)
To recent high   -11.1%
To recent low   22.7%
Market Cap   $50.612b

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.

$. SPOT price fluctuates within 3.43% (three month std-dev: 3.01%) daily (68% of days).

Sample size 50 Average positive next day return: 1.74%(44%) Average negative next day return: -1.68%(56%) Sample size 50 Average positive next three day return: 2.91%(50%) Average negative next three day return: -2.96%(50%) Sample size 50 Average positive next weekly return: 4.22%(56%) Average negative next weekly return: -3.93%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210725

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_25_2021	271.09	246.61	252.24	257.3	258.22	263.96	266.38(0.84%)	UT	OpenLong	75	1.1	140	170	146	120	1.56	56%	-0.18	67.3	3.01%	1.2	2.3	68	2
2	Jun_24_2021	271.58	245.22	249.87	253.55	253.28	258.71	264.16(2.91%)	UT	OpenLong	75	1.5	141	150	151	112	2.25	56%	-0.2	72.9	3.02%	1.3	2.6	70	1.7
3	Jun_23_2021	272.12	243.85	248.02	250.14	249.41	252.48	256.7(1.21%)	UT	OpenLong	75	1.1	108	80	113	93	0.95	56%	-0.33	88.6	3.02%	1.4	2.2	70	1.7
4	Jun_22_2021	273.02	242.81	246.11	247.35	246.49	247.85	253.64(3.27%)	UT	OpenLong	75	1.2	50	30	48	54	1.43	56%	-0.3	100.5	3.04%	2.1	2.1	60	1.4
5	Jun_21_2021	273.83	241.81	244.94	245.18	244.74	246.35	245.6(-0.82%)	UD	OpenLong	75	0.1	18	40	13	32	0.82	54%	-0.26	106.1	3.01%	-1.2	0.8	53	0.6

6	Jun_18_2021	274.54	241.03	244.66	246.36	245.16	245.13	247.64(0.21%)	UT	OpenLong	75	0.2	35	-20	31	46	1.35	51%	-0.29	106.3	3.01%	0.5	1.2	55	-0.2
7	Jun_17_2021	275.33	240.11	243.56	245.56	245.56	243.14	247.11(1.78%)	N/A	N/A	0	0.3	-27	-70	-40	11	1.24	51%	-0.3	105.9	3.05%	1.3	1.2	56	1
8	Jun_16_2021	276.17	238.83	242.13	245.58	246.23	245.18	242.78(0.01%)	N/A	N/A	0	-0.4	-30	-20	-42	7	1.37	51%	-0.35	85.8	3.04%	-1.2	0.6	55	0.9
9	Jun_15_2021	277.13	237.81	241.84	244.56	246.16	247.97	242.76(-3.48%)	UD	OpenLong	75	-0.2	29	70	28	33	1.35	51%	-0.33	68.6	3.04%	-1.1	0.6	56	1
10	Jun_14_2021	278.06	236.88	241.72	244.51	244.54	247.27	251.51(3.22%)	UT	OpenLong	75	0.8	63	80	66	54	1.24	53%	-0.32	62.5	3.03%	1.5	1.8	67	1.4

11	Jun_11_2021	278.95	235.46	240.6	242.74	243.29	244.34	243.66(-1.43%)	UD	OpenLong	75	0.1	60	40	62	54	1.57	55%	-0.38	50.1	3.01%	0.8	1	66	1.4
12	Jun_10_2021	280.02	234.18	240.23	241.25	241.65	241.81	247.19(3.99%)	UT	OpenLong	75	0.7	24	10	19	39	1.49	55%	-0.31	31.1	3.11%	2.3	1.5	71	1.2
13	Jun_9_2021	280.88	233.06	239.28	238.25	239.84	242.24	237.7(-1.98%)	UD	OpenLong	75	-0.1	31	90	27	43	1.02	56%	-0.29	14.8	3.07%	-1.6	0.6	72	1
14	Jun_8_2021	281.71	232.57	239.23	238.65	238.23	241.5	242.51(-0.06%)	UD	OpenLong	75	0.5	71	90	70	74	1.17	52%	-0.15	9.7	3.15%	0.9	1.2	78	1.2
15	Jun_7_2021	282.12	231.82	238.4	238.5	237.68	237.43	242.66(2.75%)	UT	OpenLong	75	0.5	40	-20	31	65	1.27	52%	-0.28	-1.5	3.24%	2.1	1.4	73	1.4

16	Jun_4_2021	282.91	231.55	237.08	238.28	238.47	234.96	236.17(1.71%)	N/A	N/A	0	-0.3	-41	-100	-65	31	0.94	47%	-0.39	-9.7	3.25%	-0.2	0.6	68	1.5
17	Jun_3_2021	284.01	231.53	236.43	239.1	240.32	237.92	232.19(-3.15%)	N/A	N/A	0	-0.9	-46	-50	-75	40	1.24	44%	-0.41	-21.5	3.29%	-1.7	0.1	72	1.2
18	Jun_2_2021	285.19	231.85	235.45	240.34	241.4	241.98	239.73(-0.83%)	UD	OpenLong	75	-0.1	18	30	0	72	1.09	44%	-0.39	-26.5	3.37%	-1.8	1	66	1.5
19	Jun_1_2021	286.3	231.78	233.65	239.74	240.29	242.72	241.73(0.07%)	UT	OpenLong	75	0.3	56	80	46	85	1.04	46%	-0.6	-58.2	3.38%	0	1.3	64	1.1
20	May_28_2021	288.02	231.93	231.81	238.21	238.75	240.82	241.57(0.55%)	UT	OpenLong	75	0.4	77	70	74	87	0.92	46%	-0.32	-78.1	3.43%	0.7	1	63	1.5

21	May_27_2021	288.94	232.3	229.96	235.72	236	237.85	240.26(0.78%)	UT	OpenLong	75	0.4	46	60	44	53	1	46%	-0.26	-84.1	3.45%	1.3	0.7	48	1.9
22	May_26_2021	289.69	233.19	227.64	233.41	233.53	236.68	238.39(0.69%)	UT	OpenLong	75	0.4	59	100	66	39	1.36	46%	-0.27	-84.2	3.48%	1.3	0.4	49	1.5
23	May_25_2021	290.46	233.97	226.24	229.79	231.13	234.15	236.76(1.15%)	UT	OpenLong	75	0.4	87	110	106	30	1.12	42%	-0.26	-65.7	3.48%	1	0.2	45	1.1
24	May_24_2021	291.22	236.45	225.22	226.64	226.06	230.39	234.06(2.15%)	RB	SmallLong	20	0.3	36	130	52	-11	0.97	42%	-0.2	-52.8	3.66%	1.8	-0.1	42	0.9
25	May_21_2021	291.81	239.35	224.49	224.49	224.21	228.11	229.14(0.2%)	RB	SmallLong	20	0.2	77	120	106	-12	1.04	39%		-48.4	3.64%	0.7	-0.4	31	0.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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