(SPOT) Spotify Technology complete technical analysis [charts+indicators] | Buy/Sell Spotify Technology | (SPOT) share price targets
Complete technical analysis of Spotify Technology (SPOT) by charts plus indicators, forecast predictions and share price targets for Spotify Technology (SPOT)
Spotify Technology trades in USA in Consumer Services sector.
10 day averaged volume of Spotify Technology is 1960220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 272.24 | 280.97 | 280.97 | 267.76 | 2.851 times |
| 19 Fri Apr 2024 | 275.83 | 284.80 | 285.00 | 270.45 | 2.166 times |
| 18 Thu Apr 2024 | 289.20 | 294.78 | 296.80 | 288.67 | 1.034 times |
| 17 Wed Apr 2024 | 293.58 | 298.32 | 300.05 | 293.27 | 0.751 times |
| 16 Tue Apr 2024 | 298.08 | 291.13 | 300.93 | 289.01 | 0.809 times |
| 15 Mon Apr 2024 | 290.52 | 302.72 | 304.59 | 290.35 | 0.992 times |
| 12 Fri Apr 2024 | 300.45 | 301.00 | 303.36 | 299.00 | 0.724 times |
| 11 Thu Apr 2024 | 303.57 | 300.79 | 305.74 | 299.02 | 0.579 times |
| 10 Wed Apr 2024 | 299.99 | 297.79 | 303.45 | 296.00 | 0.771 times |
| 09 Tue Apr 2024 | 300.73 | 308.60 | 309.59 | 299.11 | 1.297 times |
Stock of Spotify Technology (SPOT) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 269 as stoploss in an intra day buy trade for a target of 285.81. However, stock will show a bearish move below 269.
Share price targets for Spotify Technology (SPOT)
| Target Type | Value |
| Downside Target | 179.66 |
| Downside Target | 185.37 |
| Downside Target | 202.88 |
| Downside Target | 216.68 |
| Downside Target | 224.00 |
| Downside Target | 249.58 |
| Downside Target | 257.36 |
| Downside Target | 267.76 |
| Upside Target | 278.30 |
| Upside Target | 296.00 |
| Upside Target | 304.59 |
| Upside Target | 313.07 |
| Upside Target | 313.16 |
Intraday share price targets for Spotify Technology (SPOT)
| Target Type | Value |
| Downside Intraday Target | 266.34 |
| Downside Intraday Target | 260.45 |
| Upside Intraday Target | 279.55 |
| Upside Intraday Target | 286.87 |
| Upside Intraday Target | 273.66 |
Weekly technical analysis of Spotify Technology (SPOT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 272.24 | 280.97 | 280.97 | 267.76 | 0.496 times |
| 19 Fri Apr 2024 | 275.83 | 302.72 | 304.59 | 270.45 | 1.354 times |
| 12 Fri Apr 2024 | 300.45 | 309.20 | 313.16 | 296.00 | 0.585 times |
| 05 Fri Apr 2024 | 310.31 | 262.97 | 313.07 | 260.80 | 2.55 times |
| 28 Thu Mar 2024 | 263.90 | 263.01 | 278.30 | 257.56 | 1.013 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Spotify Technology (SPOT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 272.24 | 262.97 | 313.16 | 260.80 | 1.324 times |
| 28 Thu Mar 2024 | 263.90 | 256.15 | 278.30 | 249.58 | 0.617 times |
| 29 Thu Feb 2024 | 256.41 | 217.25 | 257.36 | 216.68 | 1.294 times |
| 31 Wed Jan 2024 | 215.35 | 188.05 | 224.00 | 185.37 | 0.95 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Spotify Technology (SPOT)
Price action analysis of Spotify Technology ( (SPOT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Spotify Technology ( (SPOT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Spotify Technology stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Spotify Technology in short term but the sell signal is initial and weak.
Spotify Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Spotify Technology in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Spotify Technology is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 287.05 and Spotify Technology (SPOT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Spotify Technology (SPOT) stock. Volume based technical analysis of Spotify Technology (SPOT) stock is negative.
Spotify Technology Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Spotify Technology ( (SPOT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Spotify Technology stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Spotify Technology in short term but the sell signal is initial and weak.
Spotify Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Spotify Technology in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Spotify Technology is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 287.05 and Spotify Technology (SPOT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Spotify Technology (SPOT) stock. Volume based technical analysis of Spotify Technology (SPOT) stock is negative.
Spotify Technology Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.