(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 2024-08-28 View latest technical analysis
10 day averaged volume of Spotify Technology is 1591034
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 337.56 | 338.31 | 339.54 | 334.09 | 0.614 times |
| 27 Tue Aug 2024 | 339.47 | 333.51 | 343.26 | 333.00 | 0.799 times |
| 26 Mon Aug 2024 | 336.07 | 342.50 | 343.81 | 333.61 | 0.744 times |
| 23 Fri Aug 2024 | 342.49 | 342.41 | 347.98 | 340.18 | 0.851 times |
| 22 Thu Aug 2024 | 342.20 | 345.01 | 350.32 | 340.52 | 1.073 times |
| 21 Wed Aug 2024 | 343.69 | 345.16 | 347.86 | 343.31 | 1.104 times |
| 20 Tue Aug 2024 | 346.28 | 346.55 | 348.85 | 342.74 | 0.876 times |
| 19 Mon Aug 2024 | 344.69 | 335.00 | 346.17 | 334.57 | 1.284 times |
| 16 Fri Aug 2024 | 337.38 | 335.21 | 338.91 | 332.82 | 0.92 times |
| 15 Thu Aug 2024 | 335.59 | 337.00 | 341.64 | 333.91 | 1.33 times |
My analysis of stock is bullish for shortterm, and stock might move up till 343 or till 350.5. Use a stoploss of 336.76 and if this stock hits its stoploss, then it can fall down till 330.53
Share price targets for Spotify Technology (SPOT)
| Target Type | Value |
| Downside Target | 260.80 |
| Downside Target | 280.66 |
| Downside Target | 288.07 |
| Downside Target | 300.57 |
| Downside Target | 312.69 |
| Downside Target | 331.08 |
| Upside Target | 343.27 |
| Upside Target | 343.43 |
| Upside Target | 343.81 |
| Upside Target | 346.23 |
| Upside Target | 350.32 |
| Upside Target | 359.38 |
Intraday share price targets for Spotify Technology (SPOT)
| Target Type | Value |
| Downside Intraday Target | 332.44 |
| Downside Intraday Target | 327.31 |
| Upside Intraday Target | 343.25 |
| Upside Intraday Target | 348.93 |
| Upside Intraday Target | 338.12 |
Weekly technical analysis of Spotify Technology (SPOT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 337.56 | 342.50 | 343.81 | 333.00 | 0.416 times |
| 23 Fri Aug 2024 | 342.49 | 335.00 | 350.32 | 334.57 | 1.006 times |
| 16 Fri Aug 2024 | 337.38 | 340.00 | 343.43 | 332.37 | 0.946 times |
| 09 Fri Aug 2024 | 339.90 | 302.01 | 343.27 | 300.57 | 0.734 times |
| 02 Fri Aug 2024 | 330.85 | 323.74 | 359.38 | 318.75 | 0.589 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 |
| 28 Wed Aug 2024 | 337.56 | 345.09 | 359.38 | 300.57 | 0.717 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short 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.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Spotify Technology ( (SPOT) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 SELL signal for Spotify Technology in short term but the sell signal is initial and weak.
Spotify Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Spotify Technology in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 340.72 and Spotify Technology (SPOT) stock is trading below this level. This means that stock is falling with high volumes. 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short 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.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Spotify Technology ( (SPOT) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 SELL signal for Spotify Technology in short term but the sell signal is initial and weak.
Spotify Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Spotify Technology in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 340.72 and Spotify Technology (SPOT) stock is trading below this level. This means that stock is falling with high volumes. 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.