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Stock Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Spotify Technology S.A. Ordinary Shares (NYSE:SPOT)

Long-Term Uptrend (+90) - SPOT is in a strong uptrend that is likely to continue. While SPOT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

NYSE_SPOT
Open High Low SPOT Price Change
130.19 130.56 127.13 128.12 -2.93
Entry Signal

MarketClub’s Trade Triangles for SPOT

long term up The long-term trend has been UP since Jan 23rd, 2023 at 98.64

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2023 at 128.98

short term up The short-term trend has been UP since Mar 16th, 2023 at 127.58

Smart Scan Analysis for SPOT

Based on our trend formula, SPOT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPOT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
130.19 130.56 127.13 128.12 -2.93
Prev. Close Volume Bid Ask Time
128.30 1363088 2023-03-24 15:59:42
Year High198.99Year High Date2018-07-26
Year Low120.49Year Low Date2018-11-20
52wk High160.0652wk High Date2022-04-04
52wk Low69.28552wk Low Date2022-11-04
Average Volume1,581,750Shares Outstanding190,213
Market Cap23,725MAssets763,600,000M
Liabilities523,500,000MP/E Ratio-62.91980000
Volatility53.98
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