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Spotify S share: Here you should take a closer look! ()

Spotify is trading at $76.99 on the stock market on 11/21/2022, 3:52 p.m. The company is listed under “Telecom Services”.

We analyzed Spotify’s prospects based on 5 major categories. The stock receives a partial rating for each category. In an overall view, the results lead to the classification as “Buy”, “Hold” or “Sell”.

1. Investors: In the past two weeks, Spotify has been rated particularly negatively by the mostly private users on social media. This is the conclusion our editorial team comes to when evaluating the various comments and requests to speak that have dealt with this value over the past two weeks. In contrast, mostly positive topics related to value were addressed in the past few days. In summary, we believe investor sentiment at this level warrants a Hold rating. Therefore, measuring investor sentiment overall produces a “Hold” rating.

2. Relative Strength Index: If you want to evaluate the dynamics of a stock price, you can use the prominent Relative Strength Index, the RSI. After that, for a period of 7 days (or for 25 days as RSI25), the ratio of upward and downward movements is normalized to a distance of 0 to 100. With a value of 38.47, the Spotify RSI is the basis for the “Hold” rating. The RSI25 comes in at 53.19, resulting in a 25-day rating as Hold. This overall picture leads to a “Hold” rating.

3. 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. Discussion intensity is average as normal activity can be seen. This results in a “hold” assessment. The rate of mood change showed a negative change. From this, the editors derive a “sell” rating. The bottom line is therefore a “sell” rating.

Buy, hold or sell – your Spotify S analysis dated 21.11. 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.

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