Trading Signals: SPOT Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

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

(Spotify Technology S.A.)
SPOT latest price $189.7800 (-1.59%) ($189.1700 - $193.4200) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.38% (three month average)
RSI   46
Latest Price   $189.7800(-1.59%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPOT declines -0.3% a day on average for past five trading days.
Weekly Trend   SPOT declines -1.4% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support SPOT advance at 0% a week (0% probability)
IVE(96%)    GDX(76%)    GDXJ(75%)    DIA(72%)    EWJ(67%)
Factors Impacting SPOT price   SPOT will decline at least -1.19% in a week (0% probabilities).
ACES(-38%)    ONLN(-36%)    IWC(-18%)    TLT(-99%)    VXX(-86%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.19% (StdDev 2.38%)
Hourly BBV 0 ()
Intraday Trend -1.2%

Resistance Level   $191.89
5 Day Moving Average   $191.04(-0.66%)
10 Day Moving Average   $193.78(-2.06%)
20 Day Moving Average   $191.89(-1.1%)
To recent high   -4.9%
To recent low   27.4%
Market Cap   $36.058b

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 3.25% (three month std-dev: 2.38%) daily (68% of days).

Sample size 2 Average positive next day return: 12.51%(50%) Average negative next day return: -2.56%(50%) Sample size 2 Average positive next three day return: 7.78%(50%) Average negative next three day return: -2.56%(50%) Sample size 2 Average positive next weekly return: 6.8%(50%) Average negative next weekly return: -2.19%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240122

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	Dec_22_2023	163.2	191.89	193.78	191.04	191.74	192.63	189.78(-1.59%)	DT	HoldShort	-50	-0.2	-1	40	9	-32	0.46	64%	0.28	42.2	2.38%	0	-0.3	46	1.4
2	Dec_21_2023	162.75	191.55	194.61	191.52	191.94	191.96	192.85(2.19%)	N/A	N/A	0	0.2	16	10	22	-4	1.56	59%	0.29	48.5	2.37%	0.8	0.2	66	0.6
3	Dec_20_2023	162.28	191.01	194.92	192.18	191.78	190.85	188.71(-1.11%)	DT	OpenShort	-75	-0.5	-47	-40	-56	-18	1.13	59%	0.23	54.4	2.42%	-2.2	-0.3	57	0.3
4	Dec_19_2023	161.9	190.58	195.52	194.34	193.78	191.91	190.83(-1.14%)	CR	SmallShort	-20	-0.5	-32	-80	-47	14	1.53	59%	0.26	63.1	2.42%	-2	0	62	0.7
5	Dec_18_2023	161.48	190.09	196.39	195.97	195.62	192.72	193.04(0.45%)	N/A	N/A	0	-0.4	-54	-110	-83	33	2.58	59%	0.28	72.6	2.41%	-0.2	0.4	64	0.8

6	Dec_15_2023	161.03	189.29	196.54	196.91	197.13	195.64	192.17(-2.03%)	CR	SmallShort	-20	-0.6	-46	-50	-80	56	2.25	59%	0.3	75.2	2.41%	-1.6	0.4	63	0.8
7	Dec_14_2023	160.55	188.5	195.61	198.09	198.38	198.53	196.15(-1.67%)	UD	OpenLong	75	-0.2	31	10	7	102	2.05	59%	0.29	78.6	2.39%	-1.4	0.9	69	1.6
8	Dec_13_2023	160.08	187.4	194.59	198.02	197.67	198.62	199.49(0.25%)	UT	OpenLong	75	0.2	50	30	27	118	2.16	59%	0.38	78.5	2.38%	1.8	1.4	73	1.4
9	Dec_12_2023	159.48	186.14	192.93	196.88	196.54	198.24	199(0.63%)	UT	OpenLong	75	0.2	55	60	33	119	1.25	59%	0.23	81.4	2.38%	0.4	1.5	75	1.6
10	Dec_11_2023	159.12	184.75	191.31	196.95	196.42	196.73	197.76(-0.15%)	UD	OpenLong	75	0.1	72	0	51	133	1.59	59%	0.16	85	2.4%	0.2	1.5	72	1.4

11	Dec_8_2023	158.86	183.4	189.84	196.17	195.78	194.85	198.05(1.14%)	UT	HoldLong	50	0.2	20	-40	-12	114	1.73	56%	0.16	85.1	2.4%	1.1	1.7	75	1.2
12	Dec_7_2023	158.6	181.99	188.18	192.7	195.81	196.12	195.82(1.05%)	UT	OpenLong	75	0.4	59	60	40	117	1.23	56%	0.1	78.7	2.43%	-0.6	1.7	75	1
13	Dec_6_2023	158.44	180.68	186.68	190.56	192.4	196.7	193.79(-2.77%)	UD	OpenLong	75	0.4	91	190	78	128	1.86	56%	0.09	76	2.43%	-1.2	1.6	75	1.2
14	Dec_5_2023	158.3	179.26	185.16	188.26	188.93	195.5	199.32(2.8%)	UT	HoldLong	65	1.4	201	250	211	172	3.13	59%	0.13	69.1	2.4%	1	2.5	82	1.3
15	Dec_4_2023	158.09	177.6	183.09	184.92	185.57	188.09	193.89(7.31%)	UT	HoldLong	65	1.3	162	110	168	143	6.48	57%	0.14	70.2	2.38%	1.2	2.4	82	1.4

16	Dec_1_2023	157.87	176.34	181.24	182.75	182.59	182.35	180.69(-2.39%)	N/A	N/A	0	-0.4	-1	-10	-22	63	1.63	50%	0.06	81.4	2.23%	-1	0.8	74	1.3
17	Nov_30_2023	157.78	175.69	180.76	182.95	182.99	183.05	185.11(1.54%)	UT	HoldLong	65	0.4	38	0	20	90	1.6	59%	0.13	87.6	2.23%	2.2	1.6	88	1.4
18	Nov_29_2023	157.58	174.8	179.64	182.17	182.2	182.82	182.31(-0.16%)	UD	OpenLong	75	0	27	20	7	85	1.01	59%	0.14	93	2.26%	-1.3	1.3	86	1.3
19	Nov_28_2023	157.36	173.93	178.86	181.45	181.72	182.93	182.61(-0.23%)	UD	OpenLong	75	0.2	63	50	47	109	0.85	61%	0.16	84.5	2.27%	0	1.5	91	1.5
20	Nov_27_2023	157.11	172.94	177.74	180.9	180.65	181.58	183.04(0.74%)	UT	HoldLong	65	0.4	63	30	47	112	1.2	61%	0.17	88	2.29%	1.4	1.7	84	1.3

21	Nov_24_2023	156.84	171.76	176.54	179.5	179.4	180.51	181.7(0.28%)	UT	OpenLong	75	0.4	54	40	39	100	0.5	61%	0.13	87.5	2.29%	0	1.6	72	1.4
22	Nov_22_2023	156.63	170.6	175.39	178.21	178.25	179.72	181.2(1.41%)	UT	OpenLong	75	0.5	72	60	61	103	1.23	63%	0.16	84.9	2.32%	1.1	1.7	75	1.2
23	Nov_21_2023	156.38	169.61	174.24	176.73	176.48	178.28	178.68(-0.66%)	UD	OpenLong	75	0.3	60	70	50	91	1.48	63%	0.12	96.8	2.32%	0.7	1.6	72	1.3
24	Nov_20_2023	156.2	169.15	172.96	175.87	175.43	176.79	179.86(2.16%)	UT	HoldLong	65	0.6	74	50	67	94	1.32	63%	0.13	97.8	2.32%	1.6	1.7	78	1.4
25	Nov_17_2023	156	167.9	171.66	174.13	174.44	174.68	176.05(0.44%)	UT	HoldLong	65	0.3	45	10	35	75	1.02	63%		80.3	2.31%	0.6	1.2	77	1.5
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