SPOTIFY TECHNOLOGY SA (639.DE) Stock Technical Analysis
FRA:639 - Deutsche Boerse Ag - LU1778762911 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to 639. In the last year, 639 was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: 639 has an average volume of 2056 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, 639 did better than 94% of all other stocks. On top of that, 639 also shows a nice and consistent pattern of rising prices.
639 is part of the Entertainment industry. There are 45 other stocks in this industry. 639 outperforms 90% of them.
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.
In the last month 639 has a been trading in the 535.00 - 619.90 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, 639 also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 549.79, a Stop Loss order could be placed below this zone.
More info and screens
445.52
608.22
4 important support areas can be observed.
- A support zone ranging from 539.99 to 549.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @516.35 from a trend line in the weekly time frame.
- Support @506.87 from a trend line in the daily time frame.
- Support @450.02 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for 639.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 639.DE is neutral. |
| ChartMill Relative Strength | 94.9 | POSITIVE | 639.DE has a high relative strength, it outperformed 94.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 639.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 639.DE is below the rising 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) | 54.17 | NEUTRAL | The RSI value for 639.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.5 | POSITIVE | The MACD value suggests 639.DE has a positive trend. |
| Stochastics (14,3) | 63.06 | NEUTRAL | The Stochastics value for 639.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for 639.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.12 | 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 |
|---|---|---|---|
| 614.11 | 534.99 | 79.12 (12.88%) | 7.76% |
| An entry @614.11. This is a Buy Stop order right above the 10 day high. | An exit @534.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 79.12 points, which is 12.88%. | For a 1.00% total portfolio risk, you can invest 7.76% of your capital in this trade. |
- 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 (8/8/2025, 7:00:00 PM)
602.2
+12.2 (+2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.07%
1 Week9.53%
2 Weeks0.64%
1 Month0.13%
3 Month5.13%
6 Month-1.17%
12 Month93.54%
2 Year327.09%
3 Year460.5%
5 Year157.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)26.36
ATR(20)%3.85%
ATR Inc12.16%
Range Today26.3
ADR(20)21.73
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.9
Mansfield1.39
10 Day High614.1
10 Day Low535
20 Day High619.9
20 Day Low535
52 Week High669
52 Week Low289.95
CS1 End549.79
CR1 StartN/A
Volume & EV
DER(3)-6.88%
DER(5)-5.6%
Volume2.01K
Volume Incr-1.45%
Vol(5)2.45K
Vol(50)2.06K