(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 2024-08-06 View latest technical analysis
10 day averaged volume of Spotify Technology is 3197955
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 327.30 | 323.99 | 330.72 | 320.38 | 0.48 times |
| 05 Mon Aug 2024 | 324.03 | 302.01 | 325.59 | 300.57 | 0.996 times |
| 02 Fri Aug 2024 | 330.85 | 326.41 | 332.40 | 318.75 | 0.905 times |
| 01 Thu Aug 2024 | 336.50 | 345.09 | 359.38 | 335.01 | 0.826 times |
| 31 Wed Jul 2024 | 343.94 | 334.05 | 344.34 | 330.14 | 0.652 times |
| 30 Tue Jul 2024 | 330.35 | 323.35 | 334.65 | 321.83 | 0.781 times |
| 29 Mon Jul 2024 | 323.74 | 323.74 | 328.07 | 319.73 | 0.53 times |
| 26 Fri Jul 2024 | 321.88 | 330.42 | 331.37 | 320.20 | 0.621 times |
| 25 Thu Jul 2024 | 328.95 | 336.82 | 341.00 | 324.08 | 0.848 times |
| 24 Wed Jul 2024 | 336.52 | 333.62 | 346.23 | 328.76 | 1.756 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 332.9 as stoploss in an intra day sell trade for a target of 315.96. However, stock will show a bullish move above 332.9.
Share price targets for Spotify Technology (SPOT)
| Target Type | Value |
| Downside Target | 260.80 |
| Downside Target | 280.66 |
| Downside Target | 288.07 |
| Downside Target | 297.11 |
| Downside Target | 308.12 |
| Downside Target | 322.00 |
| Upside Target | 330.72 |
| Upside Target | 331.08 |
| Upside Target | 346.23 |
| Upside Target | 359.38 |
Intraday share price targets for Spotify Technology (SPOT)
| Target Type | Value |
| Downside Intraday Target | 308.34 |
| Downside Intraday Target | 289.38 |
| Upside Intraday Target | 338.49 |
| Upside Intraday Target | 349.68 |
| Downside Intraday Target | 319.53 |
Weekly technical analysis of Spotify Technology (SPOT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 327.30 | 302.01 | 330.72 | 300.57 | 0.399 times |
| 02 Fri Aug 2024 | 330.85 | 323.74 | 359.38 | 318.75 | 0.589 times |
| 26 Fri Jul 2024 | 321.88 | 298.00 | 346.23 | 290.13 | 2.497 times |
| 19 Fri Jul 2024 | 295.09 | 302.27 | 308.12 | 288.07 | 0.899 times |
| 12 Fri Jul 2024 | 302.27 | 321.94 | 322.00 | 297.11 | 5.58 times |
Price has moved down 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 |
| 06 Tue Aug 2024 | 327.30 | 345.09 | 359.38 | 300.57 | 0.216 times |
| 31 Wed Jul 2024 | 343.94 | 313.64 | 346.23 | 288.07 | 1.304 times |
| 28 Fri Jun 2024 | 313.79 | 313.01 | 331.08 | 300.79 | 1.332 times |
| 31 Fri May 2024 | 296.78 | 280.66 | 312.69 | 280.66 | 0.401 times |
Scroll below to view daily charts
Price has moved down 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 neutral. A longer time frame might give a better analysis.
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 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 mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Spotify Technology stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Spotify Technology in short term and the buy signal is strong.
Spotify Technology Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 331.25 and Spotify Technology (SPOT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 neutral. A longer time frame might give a better analysis.
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 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 mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Spotify Technology stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Spotify Technology in short term and the buy signal is strong.
Spotify Technology Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 331.25 and Spotify Technology (SPOT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.