Europe - Frankfurt Stock Exchange - FRA:639 - LU1778762911 - Common Stock
Overall 639 gets a technical rating of 0 out of 10. 639 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of 639 is bad and it also does not present a quality setup 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.
460.89
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
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 | DOWN | NEGATIVE | The long term trend for 639.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 639.DE is down. |
| ChartMill Relative Strength | 14.83 | NEGATIVE | 639.DE has a low relative strength, it was outperformed by 85.17% 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) | DOWN | NEGATIVE | The current price of 639.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.34 | NEUTRAL | The RSI value for 639.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests 639.DE has a negative trend. |
| Stochastics (14,3) | 10.68 | OVERSOLD | The low Stochastics value suggests 639.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for 639.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.34 | NEGATIVE | The low ADX value for 639.DE suggests a weak or negative trend. |
FRA:639 (1/9/2026, 7:00:00 PM)
467.85
-1.25 (-0.27%)
ChartMill assigns a technical rating of 0 / 10 to 639.DE.
The current trend direction for SPOTIFY TECHNOLOGY SA (639.DE) is Bearish.
SPOTIFY TECHNOLOGY SA (639.DE) has an RSI value of 36.3432. This indicates that the stock is currently neutral.
The MACD indicator for SPOTIFY TECHNOLOGY SA (639.DE) has a value of -0.501806, indicating a bearish trend.
SPOTIFY TECHNOLOGY SA (639.DE) has a support level at 467.84 and a resistance level at 511.41. Check the full technical report for our detailed analysis of 639.DE support and resistance levels.