SPOTIFY TECHNOLOGY SA (639.DE) Stock Technical Analysis
Europe - FRA:639 - LU1778762911 - Common Stock
591 EUR
+5.5 (+0.94%)
We assign a technical rating of 6 out of 10 to 639. 639 was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month 639 has a been trading in the 577.90 - 632.70 range, which is quite wide. It is currently trading near the lows of this range.
Warning: 639 has an average volume of 2178 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that 639 is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by 639 over the past year are nicely spread over this period.
639 is one of the better performing stocks in the Entertainment industry, it outperforms 91% of 48 stocks in the same industry.
639 is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 639 is lagging the market slightly.
Although the technical rating is only medium, 639 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 588.64, a Stop Loss order could be placed below this zone.
More info and screens
522.01
628.83
3 important support areas can be observed.
- A support zone ranging from 581.00 to 588.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @549.79 from a horizontal line in the weekly time frame.
- Support @527.28 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 594.51 to 603.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 617.30 to 622.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 639.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 639.DE is neutral. |
| ChartMill Relative Strength | 90.31 | POSITIVE | 639.DE has a high relative strength, it outperformed 90.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 639.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 639.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 639.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.49 | NEUTRAL | The RSI value for 639.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.36 | NEGATIVE | The MACD value suggests 639.DE has a negative trend. |
| Stochastics (14,3) | 21.05 | NEUTRAL | The Stochastics value for 639.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for 639.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 10.26 | NEGATIVE | The low ADX value for 639.DE 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 603.07 | 582.89 | 20.18 (3.35%) | 25.00% |
| An entry @603.07. This is a Buy Stop order right above the resistance zone. | An exit @582.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 20.18 points, which is 3.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- The distance between exit and entry is rather small compared to the average daily movement of 639. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:639 (10/6/2025, 7:00:00 PM)
591
+5.5 (+0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.94%
1 Week-4.54%
2 Weeks-4.89%
1 Month-2.86%
3 Month-1.73%
6 Month21.69%
12 Month71.63%
2 Year282.28%
3 Year616.89%
5 Year175.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)19.14
ATR(20)%3.08%
ATR Inc-20.86%
Range Today8.9
ADR(20)16.47
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.31
Mansfield-0.11
10 Day High628.2
10 Day Low582.9
20 Day High632.7
20 Day Low577.9
52 Week High669
52 Week Low335.45
CS1 End588.64
CR1 Start594.51
Volume & EV
DER(3)-4.05%
DER(5)-3.94%
Volume658
Volume Incr35.4%
Vol(5)2.28K
Vol(50)2.18K