(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 2024-05-31 View latest technical analysis
10 day averaged volume of Spotify Technology is 1088137
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 296.78 | 301.89 | 304.65 | 292.21 | 1.358 times |
| 30 Thu May 2024 | 304.69 | 305.45 | 307.24 | 301.59 | 0.647 times |
| 29 Wed May 2024 | 307.52 | 307.71 | 309.16 | 304.10 | 1.014 times |
| 28 Tue May 2024 | 310.29 | 307.00 | 312.00 | 306.00 | 0.993 times |
| 24 Fri May 2024 | 308.16 | 298.00 | 309.64 | 298.00 | 1.071 times |
| 23 Thu May 2024 | 300.51 | 302.92 | 305.82 | 296.98 | 0.931 times |
| 22 Wed May 2024 | 298.76 | 306.00 | 306.69 | 295.71 | 1.265 times |
| 21 Tue May 2024 | 304.93 | 304.85 | 307.98 | 302.38 | 0.946 times |
| 20 Mon May 2024 | 308.21 | 303.00 | 312.69 | 303.00 | 1.341 times |
| 17 Fri May 2024 | 302.82 | 299.95 | 302.87 | 298.12 | 0.817 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 294.9 as stoploss in an intra day buy trade for a target of 300.46. However, stock will show a bearish move below 294.9.
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 | 292.21 |
| Upside Target | 303.66 |
| Upside Target | 304.92 |
| 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 | 288.66 |
| Downside Intraday Target | 280.54 |
| Upside Intraday Target | 308.45 |
| Upside Intraday Target | 320.12 |
| Upside Intraday Target | 300.33 |
Weekly technical analysis of Spotify Technology (SPOT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 296.78 | 307.00 | 312.00 | 292.21 | 0.722 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 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 |
| 31 Fri May 2024 | 296.78 | 280.66 | 312.69 | 280.66 | 0.401 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 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 short 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 short to mid 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.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Spotify Technology in short term but the sell signal is initial and weak.
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 in or below 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 304.06 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 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 short 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 short to mid 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.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Spotify Technology in short term but the sell signal is initial and weak.
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 in or below 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 304.06 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.