When the Price of (SPOT) Talks, People Listen
April 08, 2025, 14:16 pm ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SPOT
- Buy SPOT near 505 target 570.96 stop loss @ 503.54 Details
The technical summary data tells us to buy SPOT near 505 with an upside target of 570.96. This data also tells us to set a stop loss @ 503.54 to protect against excessive loss in case the stock begins to move against the trade. 505 is the first level of support below 523.685 , and by rule, any test of support is a buy signal. In this case, support 505 would be being tested, so a buy signal would exist.
- Short SPOT slightly under 570.96, target 505, stop loss @ 572.61 Details
The technical summary data is suggesting a short of SPOT as it gets near 570.96 with a downside target of 505. We should have a stop loss in place at 572.61though. 570.96 is the first level of resistance above 523.685, and by rule, any test of resistance is a short signal. In this case, if resistance 570.96 is being tested, so a short signal would exist.
Swing Trading Plans for SPOT
- Buy SPOT slightly over 538.65, target 570.96, Stop Loss @ 537.09 Details
If 538.65 begins to break higher, the technical summary data tells us to buy SPOT just slightly over 538.65, with an upside target of 570.96. The data also tells us to set a stop loss @ 537.09 in case the stock turns against the trade. 538.65 is the first level of resistance above 523.685, and by rule, any break above resistance is a buy signal. In this case, 538.65, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short SPOT slightly near 538.65, target 505, Stop Loss @ 540.21. Details
The technical summary data is suggesting a short of SPOT if it tests 538.65 with a downside target of 505. We should have a stop loss in place at 540.21 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 538.65, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for SPOT
- Buy SPOT slightly over 531.99, target 538.65, Stop Loss @ 530.75 Details
If 531.99 begins to break higher, the technical summary data tells us to buy SPOT just slightly over 531.99, with an upside target of 538.65. The data also tells us to set a stop loss @ 530.75 in case the stock turns against the trade. 531.99 is the first level of resistance above 523.685, and by rule, any break above resistance is a buy signal. In this case, 531.99, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short SPOT slightly near 531.99, target 505, Stop Loss @ 533.23. Details
The technical summary data is suggesting a short of SPOT if it tests 531.99 with a downside target of 505. We should have a stop loss in place at 533.23 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 531.99, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Spotify Technology S.a. (SPOT) available here: SPOT.
SPOT Ratings for April 08:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Strong |
P1 |
0 |
0 |
505 |
P2 |
492.42 |
495.76 |
570.96 |
P3 |
531.99 |
538.65 |
640.52 |
AI Generated Signals for SPOT
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Spotify Technology S.a. (NASDAQ: SPOT) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for SPOT can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for SPOT: