Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $77.4900 (1.28%) ($76.5000 - $79.3950) on Wed. Dec. 21, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.9% (three month average) | RSI | 47 | Latest Price | $77.4900(1.28%) | 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 -2% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support SPOT advance at 0% a week (0% probability) IWF(45%) QQQ(44%) IVW(43%) SPY(41%) FIVG(38%) | Factors Impacting SPOT price | SPOT will decline at least -1.95% in a week (0% probabilities). UNG(-15%) XOP(-7%) XLE(-5%) VCIT(-4%) XLU(-3%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.95% (StdDev 3.9%) | Hourly BBV | 1.1 () | Intraday Trend | 0.7% | | | |
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1 - 5 Day Possible Target | $70.28(-9.3%) | 5 Day Moving Average | $74.87(3.5%) | 10 Day Moving Average | $76.95(0.7%) | 20 Day Moving Average | $77.33(0.21%) | To recent high | -20.2% | To recent low | 9.1% | Market Cap | $14.723b | | | | 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. |