(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 2024-07-31 View latest technical analysis
10 day averaged volume of Spotify Technology is 2971592
Date | Daily Closing Price | Open | High | Low | Volume |
31 Wed Jul 2024 | 343.94 | 334.05 | 344.34 | 330.14 | 0.701 times |
30 Tue Jul 2024 | 330.35 | 323.35 | 334.65 | 321.83 | 0.841 times |
29 Mon Jul 2024 | 323.74 | 323.74 | 328.07 | 319.73 | 0.57 times |
26 Fri Jul 2024 | 321.88 | 330.42 | 331.37 | 320.20 | 0.669 times |
25 Thu Jul 2024 | 328.95 | 336.82 | 341.00 | 324.08 | 0.913 times |
24 Wed Jul 2024 | 336.52 | 333.62 | 346.23 | 328.76 | 1.889 times |
23 Tue Jul 2024 | 330.79 | 339.50 | 343.40 | 326.50 | 2.244 times |
22 Mon Jul 2024 | 295.45 | 298.00 | 300.72 | 290.13 | 1.035 times |
19 Fri Jul 2024 | 295.09 | 292.23 | 298.38 | 290.50 | 0.582 times |
18 Thu Jul 2024 | 290.16 | 296.66 | 298.32 | 288.07 | 0.612 times |
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 346.7, for a target of 328.3 or 312.87
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 | 308.12 |
Downside Target | 319.30 |
Downside Target | 319.73 |
Downside Target | 322.00 |
Downside Target | 331.08 |
Upside Target | 344.34 |
Upside Target | 346.23 |
Intraday share price targets for Spotify Technology (SPOT)
Target Type | Value |
Downside Intraday Target | 327.67 |
Downside Intraday Target | 311.39 |
Upside Intraday Target | 352.28 |
Upside Intraday Target | 360.61 |
Downside Intraday Target | 336 |
Weekly technical analysis of Spotify Technology (SPOT)
Date | Weekly Closing Price | Open | High | Low | Volume |
31 Wed Jul 2024 | 343.94 | 323.74 | 344.34 | 319.73 | 0.313 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 |
05 Fri Jul 2024 | 316.85 | 315.30 | 317.09 | 311.01 | 0.603 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 |
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 |
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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY 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 323.41 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY 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 323.41 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.