Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $82.1300 (-4.47%) ($80.5100 - $85.7800) on Tue. Oct. 11, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.41% (three month average) | RSI | 34 | Latest Price | $82.1300(-4.47%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -2.8% a day on average for past five trading days. | Weekly Trend | SPOT declines -1.8% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Normal for small cap. | Correlated ETFs | Broad market will support SPOT advance at 0% a week (0% probability) IVW(57%) IWF(57%) QQQ(56%) SPY(52%) FIVG(48%) | Factors Impacting SPOT price | SPOT will decline at least -1.705% in a week (0% probabilities). UNG(-9%) UUP(-8%) TBT(-5%) VIXM(-4%) USO(2%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.705% (StdDev 3.41%) | Hourly BBV | -1.7 () | Intraday Trend | -3.4% | | | |
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1 - 5 Day Possible Target | $78.13(-4.87%) | Resistance Level | $92.14 | 5 Day Moving Average | $87.92(-6.59%) | 10 Day Moving Average | $88.83(-7.54%) | 20 Day Moving Average | $92.14(-10.86%) | To recent high | -33.6% | To recent low | 0% | Market Cap | $15.605b | | | | 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. |