(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 2024-08-09 View latest technical analysis
10 day averaged volume of Spotify Technology is 2127329
Date | Daily Closing Price | Open | High | Low | Volume |
09 Fri Aug 2024 | 339.90 | 337.27 | 343.27 | 333.67 | 0.563 times |
08 Thu Aug 2024 | 338.32 | 328.20 | 339.49 | 324.36 | 0.676 times |
07 Wed Aug 2024 | 323.34 | 329.00 | 335.36 | 323.16 | 0.62 times |
06 Tue Aug 2024 | 327.30 | 323.99 | 330.72 | 320.38 | 0.721 times |
05 Mon Aug 2024 | 324.03 | 302.01 | 325.59 | 300.57 | 1.497 times |
02 Fri Aug 2024 | 330.85 | 326.41 | 332.40 | 318.75 | 1.36 times |
01 Thu Aug 2024 | 336.50 | 345.09 | 359.38 | 335.01 | 1.242 times |
31 Wed Jul 2024 | 343.94 | 334.05 | 344.34 | 330.14 | 0.98 times |
30 Tue Jul 2024 | 330.35 | 323.35 | 334.65 | 321.83 | 1.174 times |
29 Mon Jul 2024 | 323.74 | 323.74 | 328.07 | 319.73 | 0.797 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 337.8, but if it comes below 337.8, then a intra day sell could be more profitable.
If you take a sell trade below 337.8, then use 337.8 as stoploss and 320.63 as target. However if you take a buy trade in stock , then use 337.8 as stoploss and 358.4 as target.
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 |
Downside Target | 331.08 |
Upside Target | 343.27 |
Upside Target | 346.23 |
Upside Target | 359.38 |
Intraday share price targets for Spotify Technology (SPOT)
Target Type | Value |
Downside Intraday Target | 312.56 |
Downside Intraday Target | 285.21 |
Upside Intraday Target | 355.26 |
Upside Intraday Target | 370.61 |
Downside Intraday Target | 327.91 |
Weekly technical analysis of Spotify Technology (SPOT)
Date | Weekly Closing Price | Open | High | Low | Volume |
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 |
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 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 |
09 Fri Aug 2024 | 339.90 | 345.09 | 359.38 | 300.57 | 0.299 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 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 331.51 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 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 331.51 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.