- Naranj Research Desk
SPOT — NYSE —
Current RSI of this stock is 65.74, which indicates the strength of buyers.
MACD line has just crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a bullish signal.
The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.
Based on our best swing trading stocks in USA, Spotify Technology stock price target will be USD 345 - USD 350 in the next 14-15 trading sessions.
Spotify Technology S.A. and its subsidiaries deliver audio streaming subscription services globally. The company is divided into two segments: Premium and Ad-Supported. The Premium segment provides ad-free online and offline streaming of music and podcasts to subscribers, while the Ad-Supported segment offers on-demand online access to music and podcasts with ads. Additionally, Spotify offers various services such as sales, distribution, marketing, research and development, and customer support. Founded in 2006, Spotify Technology S.A. is headquartered in Luxembourg City, Luxembourg.
SPOT — NYSE —
Current RSI of this stock is 65.74, which indicates the strength of buyers.
MACD line has just crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a bullish signal.
The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.
Based on our best swing trading stocks in USA, Spotify Technology stock price target will be USD 345 - USD 350 in the next 14-15 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
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