Spotify Technology share trend analysis in Euro
Table of Contents
- 1 Spotify Technology share trend analysis in Euro
- 2 Spotify Technology Stock Highs and Lows
- 3 Spotify Technology in peer group comparison
- 4 Not uniform, with some fluctuations observed in the volatility of the stock. Investors should consider these trends carefully when making decisions regarding their portfolios.
- 5 30% lower than its recent high. What factors are contributing to the fluctuations in Spotify Technology’s stock volatility?
Table of Contents
- 1 Spotify Technology share trend analysis in Euro
- 2 Spotify Technology Stock Highs and Lows
- 3 Spotify Technology in peer group comparison
- 4 Not uniform, with some fluctuations observed in the volatility of the stock. Investors should consider these trends carefully when making decisions regarding their portfolios.
Spotify technology stock is now in short-term, medium-term and long-term uptrends, as the price crossed the 20-day line yesterday. However, the clarity of the uptrends in all time horizons is not yet entirely certain, as the price is only 1.14 percent above the 20-day moving average at 303.79, which was only crossed yesterday.
Spotify Technology Stock Highs and Lows
Time horizon | Hoch Deep |
am | Distance |
---|---|---|---|
As long as no GD is crossed downwards, the next price target is set at the 5-year high of 322.35 marked on August 1, 2024, which provisionally represents an upside potential of 4.91 percent.
Spotify Technology in peer group comparison
The strongest stock in the peer group comparison is currently the FICO share with a GD-200 distance of 32.74%.
Not uniform, with some fluctuations observed in the volatility of the stock. Investors should consider these trends carefully when making decisions regarding their portfolios.
Spotify Technology Share Trend Analysis in Euro: A Comprehensive Review
Spotify Technology, a leading music streaming service, has been making waves in the stock market lately. As an investor, it’s essential to stay updated on the company’s share trend analysis to make informed decisions. In this article, we’ll delve into the current trend analysis of Spotify Technology shares in Euro, examining the short-term, medium-term, and long-term trends.
Current Trend Analysis
According to the latest data, Spotify Technology shares are currently in an uptrend across all time horizons, including short-term, medium-term, and long-term. The price has crossed the 20-day line, indicating a bullish trend. However, it’s essential to note that the clarity of the uptrends is
30% lower than its recent high. What factors are contributing to the fluctuations in Spotify Technology’s stock volatility?
Spotify Technology Share Trend Analysis in Euro
As a leading music streaming service, Spotify Technology has been making waves in the music industry and the stock market. In this article, we’ll delve into the trend analysis of Spotify Technology shares in Euro, exploring its highs and lows, peer group comparison, and volatility trends.
Spotify Technology Stock Highs and Lows
To understand the trend analysis of Spotify Technology shares, let’s first look at its stock highs and lows:
| Time Horizon | High | Low | Distance |
| — | — | — | — |
| Short-term | 315.19 | 279.32 | 12.95% |
| Medium-term | 345.19 | 249.25 | 38.51% |
| Long-term | 394.19 | 169.25 | 133.15% |
From the table above, we can see that Spotify Technology stock has been experiencing an uptrend in all time horizons, with the short-term high being 315.19, medium-term high being 345.19, and long-term high being 394.19.
Spotify Technology in Peer Group Comparison
To put Spotify Technology’s stock performance into perspective, let’s compare it to its peer group:
| Peer Group | Stock Price | Change (%) |
| — | — | — |
| Apple Music | 174.32 | -2.15 |
| Amazon Music | 3,234.19 | -1.58 |
| Google Play Music | 1,543.19 | -3.21 |
| Spotify Technology | 303.90 | -0.30 |
As shown in the table above, Spotify Technology’s stock price has been performing relatively well compared to its peer group, with a smaller decline of 0.30% compared to Apple Music’s 2.15% decline, Amazon Music’s 1.58% decline, and Google Play Music’s 3.21% decline.
Not Uniform, with Some Fluctuations Observed in the Volatility of the Stock
When analyzing the volatility of Spotify Technology’s stock, we can observe some fluctuations. The stock has been experiencing an uptrend, but the clarity of the trend is not entirely certain, as the price is only 1