(SPOT) Spotify Technology complete technical analysis [charts+indicators] | Buy/Sell Spotify Technology | (SPOT) share price targets
Complete technical analysis of Spotify Technology (SPOT) by charts plus indicators, forecast predictions and share price targets for Spotify Technology (SPOT)
Spotify Technology trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-05-28 View latest technical analysis
10 day averaged volume of Spotify Technology is 1158889
Date | Daily Closing Price | Open | High | Low | Volume |
28 Tue May 2024 | 310.29 | 307.00 | 312.00 | 306.00 | 0.933 times |
24 Fri May 2024 | 308.16 | 298.00 | 309.64 | 298.00 | 1.006 times |
23 Thu May 2024 | 300.51 | 302.92 | 305.82 | 296.98 | 0.874 times |
22 Wed May 2024 | 298.76 | 306.00 | 306.69 | 295.71 | 1.188 times |
21 Tue May 2024 | 304.93 | 304.85 | 307.98 | 302.38 | 0.888 times |
20 Mon May 2024 | 308.21 | 303.00 | 312.69 | 303.00 | 1.259 times |
17 Fri May 2024 | 302.82 | 299.95 | 302.87 | 298.12 | 0.767 times |
16 Thu May 2024 | 298.12 | 302.54 | 304.92 | 297.88 | 0.915 times |
15 Wed May 2024 | 303.04 | 298.85 | 303.07 | 295.39 | 1.535 times |
14 Tue May 2024 | 290.12 | 287.72 | 291.54 | 286.21 | 0.792 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 305.4, but if it comes below 305.4, then a intra day sell could be more profitable.
If you take a sell trade below 305.4, then use 305.4 as stoploss and 297.97 as target. However if you take a buy trade in stock , then use 305.4 as stoploss and 314.4 as target.
Share price targets for Spotify Technology (SPOT)
Target Type | Value |
Downside Target | 185.37 |
Downside Target | 216.68 |
Downside Target | 224.00 |
Downside Target | 249.58 |
Downside Target | 257.36 |
Downside Target | 278.30 |
Downside Target | 293.08 |
Downside Target | 304.92 |
Downside Target | 306.00 |
Upside Target | 312.00 |
Upside Target | 312.69 |
Upside Target | 319.30 |
Intraday share price targets for Spotify Technology (SPOT)
Target Type | Value |
Downside Intraday Target | 306.86 |
Downside Intraday Target | 303.43 |
Upside Intraday Target | 312.86 |
Upside Intraday Target | 315.43 |
Downside Intraday Target | 309.43 |
Weekly technical analysis of Spotify Technology (SPOT)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Tue May 2024 | 310.29 | 307.00 | 312.00 | 306.00 | 0.179 times |
24 Fri May 2024 | 308.16 | 303.00 | 312.69 | 295.71 | 1.09 times |
17 Fri May 2024 | 302.82 | 294.65 | 304.92 | 286.21 | 0.837 times |
10 Fri May 2024 | 294.60 | 298.00 | 303.66 | 293.08 | 0.837 times |
03 Fri May 2024 | 296.07 | 289.01 | 298.82 | 280.37 | 0.252 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Spotify Technology (SPOT)
Date | Monthly Closing Price | Open | High | Low | Volume |
28 Tue May 2024 | 310.29 | 280.66 | 312.69 | 280.66 | 0.353 times |
30 Tue Apr 2024 | 280.44 | 262.97 | 319.30 | 260.80 | 2.295 times |
28 Thu Mar 2024 | 263.90 | 256.15 | 278.30 | 249.58 | 0.617 times |
29 Thu Feb 2024 | 256.41 | 217.25 | 257.36 | 216.68 | 1.294 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Spotify Technology (SPOT)
Price action analysis of Spotify Technology ( (SPOT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Spotify Technology ( (SPOT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Spotify Technology stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Spotify Technology in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Spotify Technology Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Spotify Technology in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Spotify Technology is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 302.83 and Spotify Technology (SPOT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Spotify Technology (SPOT) stock. Volume based technical analysis of Spotify Technology (SPOT) stock is negative.
Spotify Technology Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Spotify Technology ( (SPOT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Spotify Technology stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Spotify Technology in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Spotify Technology Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Spotify Technology in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Spotify Technology is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 302.83 and Spotify Technology (SPOT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Spotify Technology (SPOT) stock. Volume based technical analysis of Spotify Technology (SPOT) stock is negative.
Spotify Technology Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.