(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 2024-07-24 View latest technical analysis
10 day averaged volume of Spotify Technology is 2353201
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jul 2024 | 336.52 | 333.62 | 346.23 | 328.76 | 2.386 times |
| 23 Tue Jul 2024 | 330.79 | 339.50 | 343.40 | 326.50 | 2.834 times |
| 22 Mon Jul 2024 | 295.45 | 298.00 | 300.72 | 290.13 | 1.308 times |
| 19 Fri Jul 2024 | 295.09 | 292.23 | 298.38 | 290.50 | 0.735 times |
| 18 Thu Jul 2024 | 290.16 | 296.66 | 298.32 | 288.07 | 0.772 times |
| 17 Wed Jul 2024 | 294.74 | 294.79 | 299.38 | 290.87 | 0.814 times |
| 16 Tue Jul 2024 | 298.50 | 303.78 | 304.87 | 294.85 | 0.605 times |
| 15 Mon Jul 2024 | 302.15 | 302.27 | 308.12 | 299.40 | 0.487 times |
| 12 Fri Jul 2024 | 302.27 | 302.13 | 307.44 | 300.39 | 0.529 times |
| 11 Thu Jul 2024 | 300.98 | 312.73 | 314.02 | 297.11 | 0.972 times |
Stock of Spotify Technology (SPOT) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 334.8, for a target of 320.8 or 309.1
Share price targets for Spotify Technology (SPOT)
| Target Type | Value |
| Downside Target | 249.58 |
| Downside Target | 260.80 |
| Downside Target | 278.30 |
| Downside Target | 288.07 |
| Downside Target | 297.11 |
| Downside Target | 306.81 |
| Downside Target | 316.65 |
| Downside Target | 317.09 |
| Downside Target | 319.30 |
| Downside Target | 322.00 |
| Downside Target | 331.08 |
| Upside Target | 346.23 |
Intraday share price targets for Spotify Technology (SPOT)
| Target Type | Value |
| Downside Intraday Target | 302.36 |
| Downside Intraday Target | 268.19 |
| Upside Intraday Target | 358.46 |
| Upside Intraday Target | 380.39 |
| Downside Intraday Target | 324.29 |
Weekly technical analysis of Spotify Technology (SPOT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jul 2024 | 336.52 | 298.00 | 346.23 | 290.13 | 1.912 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 |
| 05 Fri Jul 2024 | 316.85 | 315.30 | 317.09 | 311.01 | 0.603 times |
| 03 Wed Jul 2024 | 314.80 | 313.64 | 316.65 | 306.81 | 0.26 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Spotify Technology (SPOT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Wed Jul 2024 | 336.52 | 313.64 | 346.23 | 288.07 | 1.003 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 |
| 30 Tue Apr 2024 | 280.44 | 262.97 | 319.30 | 260.80 | 2.295 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short to mid 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Spotify Technology is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 313.57 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Spotify Technology ( (SPOT) ) based on a short to mid 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Spotify Technology is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 313.57 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.