SPOT NYSE |
Spotify Technology SA • Internet Content/Information |
Wed 16 Apr, 4:00 pm ET | |
Short TradeTarget 1:
495.42 Profit:
12% Cover/Trailing Cover: 581.59
Loss:
3.3% P/L ratio: 3.6 : 1 - Good
Target 2:
465.47 Profit:
17.3% P/L ratio: 5.2 : 1 - Excellent Extreme pullback
Breakout
Long
Short
Good short trade quality (tight cover, etc...) but neutral overallDefault chart
Quote 563.07 -9.32,-1.6% L 553 O 564.48 H 573.68 Volume 1.89mil -11.8% typical 52 Wk 289.7 to 648.3 Earnings Apr 29 pMkt Link PEG 2.2 P/E 95.6 Short 4.84%Div na EPS 5.99Mkt Cap 114.93B |
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Top ˄Wed 16 Apr, 4:00 pm ET
8 Month Detailed Chart
100%
Good short trade quality (tight cover, etc...) but neutral overall
Scale +/-0(min) to 10(max)
QUOTE
563.07, -9.32 pts (-1.6%), Wed 16 Apr, 4:00 pm ET
down from yesterday's close.
Today's
L 553 O 564.48 H 573.68Typical price range:
560.57 to
584.21 ± 11.82 pts, ± 2.1%
Extreme price range (85% of time)
548.74 to
596.04 ± 23.65 pts, ± 4.2%
VOLUME
1.89mil shares, -11.8% compared to typical daily volume over the past 6 months.
Typical daily volume is 2.14mil shares over the past 6 months.
RALLIES/PULLBACKS** Current price area
Typical: 71.78 pts (12.7%) occurs 25% of the time.
Extreme: 93.31 pts (16.6%) occurs 5% of the time.
A summary of bullish and bearish indicators. | |
BULLISH
[Positioning] Intermediate trend possibly bullish, Sideways trend near lower support.
[Timing] Mild bullish 3 day candlestick pattern with Average 3 day accumulation.
BEARISH
[Positioning] at resistance
Indicators for positioning trade entry and exits.
1 DAY PRICE CHANGE
down (-9.32 pts, -1.6%) from yesterday's close.
SHORT TERM DIRECTION
OVERBOUGHT/SOLD
Neutral, odds equally favor long and short trades.
1 MONTH TREND
INTERMEDIATE TREND** Past 4 months
possibly bullish, Sideways trend near lower support.
SUPPORT/RESISTANCE
563.07, at resistance,
553.05 ± 11.61
type double,
strength 6
Support Below : -7.9% at
518.72 ± 10.89
type single,
strength 8
Resistance Above : +3.6% at
583.45 ± 12.25
type single,
strength 5
Indicators for timing trade entry and exits.
Over 120 three day candlestick chart patterns analyzed.
3 DAY CANDLESTICK
Mild bullish 3 day candlestick pattern.
Average 3 day accumulation, occurs 50% of the time.
Days Back
Strong Bullish
Mild Bullish
Neutral
Mild Bearish
Strong Bearish
0
5
10
15
25
3 Day Candlestick (over last 25 days)
3 Day Candlestick (2 day avg)
MONEYFLOW
Average Neutral 1 day moneyflow,
stalemate between bulls and bears, occurs 50% of the time.
BREAKOUT
None.
BREAKDOWN
None.
Support and Resistance Areas
Over the past 8 months.
Type/Strength Help
CURRENT PRICE
563.07, at resistance,
553.05 ± 11.61
type double,
strength 6
SUPPORT BELOW
-7.9% at 518.72 ± 10.89 type single,
strength 8
-12% at 495.42 ± 10.4 type single,
strength 1
-15% at 478.45 ± 10.05 type double,
strength 10
...
RESISTANCE ABOVE
+3.6% at 583.45 ± 12.25 type single,
strength 5
+9.5% at 616.57 ± 12.95 type double,
strength 10
+14.4% at 644.4 ± 13.53 type single,
strength 2
...
0%
Trade Quality
Long
TARGET 1
Price:
604.02 Profit:
7.3% (Typical rally)
Stop/Trailing Stop: 543.99 Loss: 3.4%
P/L Ratio: 2.1 : 1 - Fair
POTENTIAL
Excellent, there are 2 resistance areas on the way to Target 1.
When there are few resistance areas, stocks may quickly rise to targets.
TARGET 1 RESISTANCE
Current price at resistance:
553.05 ± 11.61
type double,
strength 6
+3.6% at
583.45 ± 12.25
type single,
strength 5
+7.3% at 604.02 is Target 1
TARGET 2
Price:
616.57 Profit:
9.5% P/L Ratio: 2.8 : 1 - Good
(Extreme rally)
Breakout trade indicators.
Breakout Tip
BREAKOUT
None.
85%
Trade Quality
Short
TARGET 1
Price:
495.42 Profit:
12% (Typical pullback)
Cover/Trailing Cover: 581.59 Loss: 3.3%
P/L Ratio: 3.6 : 1 - Good
POTENTIAL
Good, there are 1 support areas on the way to Target 1.
When there are few support areas, stocks may quickly fall to targets.
TARGET 1 SUPPORT
-7.9% at
518.72 ± 10.89
type single,
strength 8
-12% at 495.42 is Target 1
TARGET 2
Price:
465.47 Profit:
17.3% P/L Ratio: 5.2 : 1 - Excellent
(Extreme pullback)
Breakdown trade indicators.