SPOTIFY TECHNOLOGY SA (1SPOT.MI) Stock Technical Analysis
BIT:1SPOT - Euronext Milan - LU1778762911 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to 1SPOT. 1SPOT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
100% of all other stocks performed better in the past year than 1SPOT.
Warning: 1SPOT has an average volume of 96 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
1SPOT is one of the better performing stocks in the Entertainment industry, it outperforms 92% of 503 stocks in the same industry.
In the last month 1SPOT has a been trading in the 425.35 - 626.20 range, which is quite wide. It is currently trading near the high of this range.
1SPOT has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
454.46
620.86
When analyzing the support we can see 3 important areas.
- Support @500.73 from a trend line in the daily time frame.
- Support @478.96 from a trend line in the daily time frame.
- Support @459.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 612.61 to 614.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1SPOT.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1SPOT.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1SPOT.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1SPOT.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 1SPOT.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.96 | NEUTRAL | The RSI value for 1SPOT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 7.61 | POSITIVE | The MACD value suggests 1SPOT.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.5 | OVERBOUGHT | The high Stochastics value suggests 1SPOT.MI may be overbought. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for 1SPOT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.08 | NEGATIVE | The low ADX value for 1SPOT.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:1SPOT (6/10/2025, 7:00:00 PM)
595
-19.7 (-3.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-3.2%
1 Week3.95%
2 Weeks19.45%
1 Month20.9%
3 Month28.75%
6 Month91.5%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)40.99
ATR(20)%5.89%
ATR Inc-15.59%
Range Today18.5
ADR(20)23.87
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High626.2
10 Day Low494.1
20 Day High626.2
20 Day Low425.35
52 Week HighN/A
52 Week LowN/A
CS1 End500.73
CR1 Start612.61
Volume & EV
DER(3)0%
DER(5)0%
Volume35
Volume Incr-30.04%
Vol(5)82.8
Vol(50)96.48