Technical Analysis for SPOT - Spotify Technology S.A.

Grade Last Price % Change Price Change
grade C 133.25 -0.74% -1.00
SPOT closed down 0.74 percent on Thursday, January 17, 2019, on 85 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Earnings due: Feb 6

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Up Up
See historical SPOT trend table...

Date Alert Name Type % Chg
Jan 17 Shooting Star Candlestick Bearish 0.00%
Jan 17 Narrow Range Bar Range Contraction 0.00%
Jan 17 NR7 Range Contraction 0.00%
Jan 17 Doji - Bearish? Reversal 0.00%
Jan 17 Upper Bollinger Band Walk Strength 0.00%
Jan 17 Overbought Stochastic Strength 0.00%
Jan 17 Upper Bollinger Band Touch Strength 0.00%
Jan 16 MACD Bullish Centerline Cross Bullish -0.74%
Jan 16 Pocket Pivot Bullish Swing Setup -0.74%
Jan 16 Upper Bollinger Band Walk Strength -0.74%

Older signals for SPOT ...

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Profile
Spotify Technology SA offers music streaming subscription service. Its platform includes Monthly active users and Premium Subscribers. It operates and manages business in two reportable segments Premium and Ad-Supported.
Is SPOT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 198.99
52 Week Low 103.29
Average Volume 1,622,203
200-Day Moving Average 158.785
50-Day Moving Average 127.6492
20-Day Moving Average 118.601
10-Day Moving Average 124.795
Average True Range 6.5225
ADX 27.71
+DI 22.8902
-DI 15.0711
Chandelier Exit (Long, 3 ATRs ) 115.7825
Chandelier Exit (Short, 3 ATRs ) 122.8575
Upper Bollinger Band 134.318
Lower Bollinger Band 102.884
Percent B (%b) 0.97
BandWidth 26.503992
MACD Line 0.9344
MACD Signal Line -2.0155
MACD Histogram 2.9499
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 137.48
Resistance 3 (R3) 137.71 136.53 136.78
Resistance 2 (R2) 136.53 135.45 136.42 136.54
Resistance 1 (R1) 134.89 134.79 135.71 134.66 136.30
Pivot Point 133.71 133.71 134.12 133.60 133.71
Support 1 (S1) 132.07 132.63 132.89 131.84 130.20
Support 2 (S2) 130.89 131.97 130.78 129.96
Support 3 (S3) 129.25 130.89 129.73
Support 4 (S4) 129.02