Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Spotify Tech SA (NYSE:SPOT)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYSE_SPOT
Open High Low SPOT Price Change
152.08 152.65 146.62 148.36 -3.48
Entry Signal

MarketClub’s Trade Triangles for SPOT

long term up The long term trend has been UP since Jan 6th, 2020 at 154.31

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2020 at 147.55

short term down The short term trend has been DOWN since Jan 10th, 2020 at 155.01

Smart Scan Analysis for SPOT

Based on a pre-defined weighted trend formula for chart analysis, SPOT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPOT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
152.08 152.65 146.62 148.36 -3.48
Prev. Close Volume Bid Ask Time
156.04 1209375 2020-01-17 15:59:42
Year High198.99Year High Date2018-07-26
Year Low120.49Year Low Date2018-11-20
52wk High161.3852wk High Date2019-08-01
52wk Low110.5752wk Low Date2019-10-03
Average Volume1,016,663Shares Outstanding180,856
Market Cap23,725MAssets559,300,000M
Liabilities313,100,000MP/E Ratio-439.1
Volatility53.98
Get a free daily report for Spotify Tech SA (SPOT) - Free Trend Analysis Report.