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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.
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MarketClub’s Trade Triangles for SPOT
The long-term trend has been UP since Jan 23rd, 2023 at 98.64
The intermediate-term trend has been UP since Mar 7th, 2023 at 128.98
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).
| 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 High | 198.99 | Year High Date | 2018-07-26 |
| Year Low | 120.49 | Year Low Date | 2018-11-20 |
| 52wk High | 160.06 | 52wk High Date | 2022-04-04 |
| 52wk Low | 69.285 | 52wk Low Date | 2022-11-04 |
| Average Volume | 1,581,750 | Shares Outstanding | 190,213 |
| Market Cap | 23,725M | Assets | 763,600,000M |
| Liabilities | 523,500,000M | P/E Ratio | -62.91980000 |
| Volatility | 53.98 |