SPOTIFY TECHNOLOGY SA (639.DE) Stock Technical Analysis
FRA:639 - Deutsche Boerse Ag - LU1778762911 - Common Stock - Currency: EUR
Taking everything into account, 639 scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, 639 has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: 639 has an average volume of 3873 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.
When comparing the yearly performance of all stocks, we notice that 639 is one of the better performing stocks in the market, outperforming 98% 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 100% of 47 stocks in the same industry.
639 is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so 639 is leading the market.
In the last month 639 has a been trading in the 543.60 - 614.00 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although 639 has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
453.92
626.72
We found 5 important support areas.
- A support zone ranging from 568.99 to 582.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @525.42 from a trend line in the weekly time frame.
- Support @509.16 from a trend line in the daily time frame.
- Support @493.85 from a trend line in the weekly time frame.
- Support @458.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 612.71 to 620.51. 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 639.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 639.DE is up. |
| ChartMill Relative Strength | 98.57 | POSITIVE | 639.DE has a high relative strength, it outperformed 98.57% 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 | POSITIVE | The current price of 639.DE is above 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) | 67.21 | NEUTRAL | The RSI value for 639.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests 639.DE has a positive trend. |
| Stochastics (14,3) | 85.82 | OVERBOUGHT | The high Stochastics value suggests 639.DE may be overbought. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for 639.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 8.03 | 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)
FRA:639 (6/4/2025, 7:00:00 PM)
612.7
+22.2 (+3.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg3.76%
1 Week4.68%
2 Weeks5.38%
1 Month6.74%
3 Month29.78%
6 Month31.93%
12 Month111.5%
2 Year317.94%
3 Year576.27%
5 Year168.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)16.97
ATR(20)%3.13%
ATR Inc16.77%
Range Today23.8
ADR(20)18.01
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.57
Mansfield3.7
10 Day High614
10 Day Low548.5
20 Day High614
20 Day Low543.6
52 Week High625.9
52 Week Low259.9
CS1 End582.3
CR1 Start612.71
Volume & EV
DER(3)-5.6%
DER(5)-6.74%
Volume1.60K
Volume Incr-49.87%
Vol(5)1.27K
Vol(50)3.87K