SPOTIFY TECHNOLOGY SA (639.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:639 - LU1778762911 - Common Stock
We assign a technical rating of 1 out of 10 to 639. 639 has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
639 has a poor technical rating and the quality of the setup is also only medium 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.
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486.54
When analyzing the support we can see 3 important areas.
- Support @512.19 from a horizontal line in the weekly time frame.
- A support zone ranging from 499.39 to 500.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @491.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 535.28 to 542.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 559.36 to 589.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @609.10 from a horizontal line in the daily time frame.
- Resistance @622.60 from a horizontal line 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 | 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 | 44.15 | NEUTRAL | 639.DE is not amongst the best or worst performers 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) | 38.28 | NEUTRAL | The RSI value for 639.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.33 | NEGATIVE | The MACD value suggests 639.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.6 | NEUTRAL | The Stochastics value for 639.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for 639.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.75 | NEUTRAL | The ADX value for 639.DE suggests a possible start of a new trend. |
FRA:639 (11/28/2025, 7:00:00 PM)
517.3
+1.4 (+0.27%)
SPOTIFY TECHNOLOGY SA / 639.DE FAQ
Can you provide the ChartMill technical rating for SPOTIFY TECHNOLOGY SA?
ChartMill assigns a technical rating of 1 / 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 38.2839. 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 512.19 and a resistance level at 535.28. Check the full technical report for our detailed analysis of 639.DE support and resistance levels.