Spotify S is getting less and less interesting… ()

On March 18, 2022, 5:27 p.m., Spotify is listed on the Xetra home exchange at EUR 125.95. Spotify belongs to the “Telecommunications Services” segment.

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To evaluate this course, we subjected Spotify to a multi-stage analysis process. This results in assessments as to whether Spotify should be classified as “Buy”, “Hold” or “Sell”. A final consolidation of these assessments results in the overall assessment.

1. Technical Analysis: Based on the moving average price, the Spotify is currently a “Sell”. Because the GD200 of the value is EUR 195.25, which means that the share price (EUR 125.95) is -35.49 percent above this trend signal. This corresponds to the classification as “Sell”. Based on the past 50 days, the moving average price (GD50) is EUR 151.56. From the point of view of the share price itself, this in turn corresponds to a deviation of -16.9 percent. This means that the stock is a “sell” value during this period. Overall, this corresponds to the “Sell” rating.

2. Sentiment and buzz: A longer-term view of communication on the Internet also makes an important contribution to assessing a share. For the evaluation, we considered both the criterion of discussion intensity, i.e. the frequency of reports, and the rate of mood change. Spotify showed interesting characteristics in this analysis. The intensity of the discussion changes greatly, as there is significantly less activity to be seen. This results in a “sell” rating. The rate of mood change experienced little change over this period. From this, the editors derive a “Hold” rating. The bottom line is therefore a “sell” rating.

3. Relative Strength Index: The Relative Strength Index (also Relative Strength Index, abbreviated RSI) is used in technical analysis to assess whether a stock is overbought or oversold. As a result, overbought stocks are more likely to see price setbacks in the short term, while oversold stocks are more likely to see price gains. For this point of analysis, we consider the 7-day and 25-day RSI for Spotify. First the RSI7: this is currently at 45.74 points, indicating that Spotify is neither overbought nor oversold. This gives the security a “Hold” rating for the 7-day RSI. The 25-day RSI is fluctuating less in comparison. Here, too, Spotify is neither overbought nor -sold (value: 61.04), so the stock also receives a “hold” rating for the RSI25. Together, the Spotify security receives a “Hold” rating in this section.

Buy, hold or sell – your Spotify S analysis dated 22.03. gives the answer:

How will Spotify S evolve now? Is an entry worthwhile or should investors rather sell? Find out the answers to these questions and why you need to act now in the latest Spotify S analysis.

Spotify S: Buy or sell? Read more here…