Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
Spotify Technology S.A. Ordinary Shares (NYSE:SPOT)
Sidelines Mode (+55) - SPOT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPOT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPOT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPOT
The long-term trend has been UP since Oct 27th, 2021 at 275.2499
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 258.0700
The short-term trend has been UP since Dec 7th, 2021 at 233.7300
Smart Scan Analysis for SPOT
Based on our trend formula, SPOT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 240.0000 | 245.3699 | 235.4700 | 243.2500 | +4.7400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 243.1700 | 1060672 | 2021-12-08 15:59:55 |
| Year High | 198.99 | Year High Date | 2018-07-26 |
| Year Low | 120.49 | Year Low Date | 2018-11-20 |
| 52wk High | 387.44 | 52wk High Date | 2021-02-22 |
| 52wk Low | 201.6775 | 52wk Low Date | 2021-08-19 |
| Average Volume | 1,414,538 | Shares Outstanding | 190,213 |
| Market Cap | 23,725M | Assets | 698,900,000M |
| Liabilities | 487,200,000M | P/E Ratio | -62.9198 |
| Volatility | 53.98 |