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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Spotify Technology S.A. Ordinary Shares (NYSE:SPOT)
Countertrend Up (+85) - SPOT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for SPOT
The long-term trend has been UP since Nov 9th, 2023 at 173.4500
The intermediate-term trend has been UP since Sep 17th, 2024 at 344.5182
The short-term trend has been DOWN since Nov 19th, 2024 at 452.4900
Smart Scan Analysis for SPOT
Based on our trend formula, SPOT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 454.300 | 465.210 | 450.000 | 464.345 | +9.985 |
| Prev. Close | Volume | Bid | Ask | Time |
| 463.830 | 2653105 | 2024-11-19 15:59:32 |
| Year High | 198.99 | Year High Date | 2018-07-26 |
| Year Low | 120.49 | Year Low Date | 2018-11-20 |
| 52wk High | 489.69 | 52wk High Date | 2024-11-14 |
| 52wk Low | 175 | 52wk Low Date | 2023-11-20 |
| Average Volume | 2,736,881 | Shares Outstanding | 190,213 |
| Market Cap | 23,725M | Assets | 105,530,000M |
| Liabilities | 592,000,000M | P/E Ratio | 186.2895 |
| Volatility | 53.98 |