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Stock Trend Analysis Report

Prepared for you on Wednesday, December 8, 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.

NYSE_SPOT
Open High Low SPOT Price Change
239.96 242.92 237.22 238.45 +6.44
Entry Signal

MarketClub’s Trade Triangles for SPOT

long term up The long-term trend has been UP since Oct 27th, 2021 at 275.2499

intermediate term down The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 258.0700

short term up 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).

-55
Smart Scan Analysis for SPOT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
239.96 242.92 237.22 238.45 +6.44
Prev. Close Volume Bid Ask Time
238.51 830484 2021-12-07 15:59:50
Year High198.99Year High Date2018-07-26
Year Low120.49Year Low Date2018-11-20
52wk High387.4452wk High Date2021-02-22
52wk Low201.677552wk Low Date2021-08-19
Average Volume1,414,538Shares Outstanding190,213
Market Cap23,725MAssets698,900,000M
Liabilities487,200,000MP/E Ratio-62.9198
Volatility53.98
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