Spotify Technology S.A. stock forecast: down to 252.61 USD SPOT stock price prognosis

STOCK

Forecast for Fri 17 Dec 2021 price 250.55

Spotify Technology S.A. stock price forecast for further price development down to -0.14% (time horizon: 1 day) and price target of 252.61 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) Spotify Technology S.A. share price prediction for 2021-12-17 with daily closed price projections

Key Facts

Symbol SPOT 

CUSIP L8681T102


Currency USD

Forecast price change %


News sentiment (0.33)

Finance numbers

Revenue 1,401,000,000.0


Earnings per share -1.24


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.

Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 64.53/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
PARAMETRIC PORTFOLIO ASSOCIATES LLC 2021-03-31 142043
EARNEST PARTNERS LLC 2021-03-31 68
WEDBUSH SECURITIES INC 2021-06-30 4601
Engineers Gate Manager LP 2021-03-31 9111
Coronation Fund Managers Ltd. 2021-06-30 32071

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Principal Funds, Inc 2021-05-31 153725 Long
Global Beta ETF Trust 2021-05-31 34 Long
Pacer Funds Trust 2021-04-30 841 Long
AIM International Mutual Funds (Invesco International Mutual Funds) 2021-04-30 169 Long
VANGUARD INTERNATIONAL EQUITY INDEX FUNDS 2021-04-30 52434 Long

Spotify Technology S.A. Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.


On-Balance Volume information for Spotify Technology S.A.. On-Balance Volume information can be an indicator for bullish or bearish outcome.


Accumulation / Distribution (A/D) indicator information for Spotify Technology S.A.. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for Spotify Technology S.A.. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for Spotify Technology S.A.. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for Spotify Technology S.A.. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for Spotify Technology S.A.. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for Spotify Technology S.A.. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


52W High 52W Low Market Cap

Spotify Technology S.A. on Nasdaq

Spotify Technology S.A. on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2021-11-01 252.61 2021-10-23 01:51
2021-11-02 252.33 2021-10-23 01:51
2021-11-03 252.00 2021-10-23 01:51
2021-11-04 251.46 2021-10-23 01:51
2021-11-05 250.86 2021-10-23 01:51
2021-11-08 250.55 2021-10-23 01:51
2021-11-09 250.13 2021-10-23 01:51
2021-10-25 254.38 2021-10-23 01:51
2021-10-26 253.99 2021-10-23 01:51
2021-10-27 254.05 2021-10-23 01:51
2021-10-28 252.66 2021-10-23 01:51
2021-11-10 250.18 2021-10-23 01:51
2021-10-29 252.61 2021-10-23 01:51
2021-11-11 249.81 2021-10-23 01:51
2021-11-12 250.20 2021-10-23 01:51
2021-11-15 250.13 2021-10-23 01:51
2021-11-16 250.02 2021-10-23 01:51
2021-11-17 249.98 2021-10-23 01:51
2021-11-18 250.02 2021-10-23 01:51
2021-11-19 250.09 2021-10-23 01:51
2021-11-22 250.20 2021-10-23 01:51
2021-11-23 250.29 2021-10-23 01:51
2021-11-24 250.30 2021-10-23 01:51
2021-11-25 250.38 2021-10-23 01:51
2021-11-26 250.41 2021-10-23 01:51
2021-11-29 250.43 2021-10-23 01:51
2021-11-30 250.50 2021-10-23 01:51
2021-12-01 250.55 2021-10-23 01:51
2021-12-02 250.60 2021-10-23 01:51
2021-12-03 250.59 2021-10-23 01:51
2021-12-06 250.59 2021-10-23 01:51
2021-12-07 250.57 2021-10-23 01:51
2021-12-08 250.56 2021-10-23 01:51
2021-12-09 250.58 2021-10-23 01:51
2021-12-10 250.59 2021-10-23 01:51
2021-12-13 250.59 2021-10-23 01:51
2021-12-14 250.58 2021-10-23 01:51
2021-12-15 250.57 2021-10-23 01:51
2021-12-16 250.55 2021-10-23 01:51
2021-12-17 250.55 2021-10-23 01:51
Table bellow show Bot decisions related with product
Decision Date Chart Link/Company Name Bot Decision Money # Portfolio Value
2020-11-06 Spotify Technology S.A. buy 158.28 16 4575.88
2020-11-09 Spotify Technology S.A. hold 158.28 16 4545.48
2020-11-10 Spotify Technology S.A. hold 158.28 16 4158.12
2020-11-11 Spotify Technology S.A. sell 4294.92 0 4294.92