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SPOTIFY TECHNOLOGY SA (639.DE) Stock Technical Analysis

Europe - FRA:639 - LU1778762911 - Common Stock

559.1 EUR
+12 (+2.19%)
Last: 11/5/2025, 7:00:00 PM
Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to 639. Although 639 is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Warning: 639 has an average volume of 1621 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
639 is one of the better performing stocks in the Entertainment industry, it outperforms 85% of 43 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, 639 did better than 85% of all other stocks. We also observe that the gains produced by 639 over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
639 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 639 is lagging the market.
In the last month 639 has a been trading in the 528.10 - 603.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
SPOTIFY TECHNOLOGY SA / 639 Weekly stock chart
SPOTIFY TECHNOLOGY SA / 639 Daily stock chart
Setup Rating and Analysis

4

639 has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.

Support and Resistance Analysis

541.62

638.43

2 important support areas can be observed.

  • Support @559.09 from a horizontal line in the weekly time frame.
  • Support @547.09 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 569.00 to 590.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 601.50 to 609.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 620.50 to 632.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for 639.DE is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for 639.DE is down.
ChartMill Relative Strength85.92POSITIVE639.DE has a high relative strength, it outperformed 85.92% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of 639.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of 639.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of 639.DE is below the rising SMA(200).
Relative Strength Index/RSI (14)41.96NEUTRALThe RSI value for 639.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-1.97NEGATIVEThe MACD value suggests 639.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)28.64NEUTRALThe Stochastics value for 639.DE is a neutral value.
Average True Range in percent/ATR (20)3.38MEDIUM VOLATILITYThe ATR as a percentage value for 639.DE suggests some volalility.
Average Directional Index/ADX (14)14.13NEGATIVEThe low ADX value for 639.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
SPOTIFY TECHNOLOGY SA / 639 Daily stock chart

SPOTIFY TECHNOLOGY SA

FRA:639 (11/5/2025, 7:00:00 PM)

559.1

+12 (+2.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryEntertainment
Performance
% Chg2.19%
1 Week-3.22%
2 Weeks-2.82%
1 Month-5.04%
3 Month-7.16%
6 Month-2.39%
12 Month48.91%
2 Year235.19%
3 Year662.03%
5 Year137.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)20.95
ATR(20)%3.38%
ATR Inc205.79%
Range Today25.9
ADR(20)16.91
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.92
3 months CRS16.04
6 months CRS20.76
Mansfield-0.99
10 Day High598.7
10 Day Low528.1
20 Day High603.3
20 Day Low528.1
52 Week High669
52 Week Low377
CS1 End559.09
CR1 Start569
Volume & EV
DER(3)-6.09%
DER(5)-10.69%
Volume1.44K
Volume Incr69.79%
Vol(5)2.27K
Vol(50)1.62K

SPOTIFY TECHNOLOGY SA / 639.DE FAQ

Can you provide the ChartMill technical rating for SPOTIFY TECHNOLOGY SA?

ChartMill assigns a technical rating of 3 / 10 to 639.DE.


What is the trend direction for 639 stock?

The current trend direction for SPOTIFY TECHNOLOGY SA (639.DE) is Bearish.


Can you provide the RSI signal for SPOTIFY TECHNOLOGY SA?

SPOTIFY TECHNOLOGY SA (639.DE) has an RSI value of 41.963. This indicates that the stock is currently neutral.


Can you provide the short term momentum for SPOTIFY TECHNOLOGY SA?

The short term momentum for SPOTIFY TECHNOLOGY SA (639.DE) is negative.


What is the support and resistance level for 639 stock?

SPOTIFY TECHNOLOGY SA (639.DE) has a support level at 559.09 and a resistance level at 569. Check the full technical report for our detailed analysis of 639.DE support and resistance levels.