Trading Signals: SPOT Stock Price Prediction and Forecast (Tue. Apr. 3, 2018 - Fri. Dec. 22, 2023)(Spotify Technology S.A.)
| SPOT latest price $150.6000 (0.08%) ($149.1200 - $151.3700) on Mon. Jun. 12, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.8% (three month average) | RSI | 54 | Latest Price | $150.6000(0.08%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | SPOT declines -0.8% a day on average for past five trading days. | Weekly Trend | SPOT advances 0.6% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support SPOT advance at 0% a week (0% probability) IWF(41%) VUG(41%) SKYY(40%) XLC(40%) QQQ(39%) | Factors Impacting SPOT price | SPOT will decline at least -0.9% in a week (0% probabilities). VXX(-45%) VIXM(-34%) USO(-18%) TBT(-16%) XLE(-13%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.9% (StdDev 1.8%) | Hourly BBV | -0 () | Intraday Trend | -0.2% | | | |
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5 Day Moving Average | $150.38(0.15%) | 10 Day Moving Average | $151.08(-0.32%) | 20 Day Moving Average | $149.58(0.68%) | To recent high | -3.7% | To recent low | 22.1% | Market Cap | $28.614b | | | | 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. |