SPOTIFY TECHNOLOGY SA (639.DE) Stock Technical Analysis
FRA:639 - LU1778762911 - Common Stock
595.8 EUR
-4.5 (-0.75%)
We assign a technical rating of 7 out of 10 to 639. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: 639 has an average volume of 2307 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, 639 did better than 95% of all other stocks. We also observe that the gains produced by 639 over the past year are nicely spread over this period.
639 is part of the Entertainment industry. There are 42 other stocks in this industry. 639 outperforms 97% 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 570.50 - 638.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
639 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 616.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 593.37, a Stop Loss order could be placed below this zone.
More info and screens
521.09
628.83
5 important support areas can be observed.
- A support zone ranging from 577.32 to 593.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @567.79 from a trend line in the daily time frame.
- Support @549.79 from a horizontal line in the weekly time frame.
- Support @539.99 from a horizontal line in the daily time frame.
- Support @526.35 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 616.59 to 622.60. 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 | NEUTRAL | NEUTRAL | The short term trend for 639.DE is neutral. |
| ChartMill Relative Strength | 95.09 | POSITIVE | 639.DE has a high relative strength, it outperformed 95.09% 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) | UP | POSITIVE | The current price of 639.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.57 | NEUTRAL | The RSI value for 639.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests 639.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.96 | NEUTRAL | The Stochastics value for 639.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for 639.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 11.75 | 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 |
|---|---|---|---|
| 622.61 | 577.31 | 45.30 (7.28%) | 13.74% |
| An entry @622.61. This is a Buy Stop order right above the resistance zone. | An exit @577.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 45.30 points, which is 7.28%. | For a 1.00% total portfolio risk, you can invest 13.74% 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 (9/5/2025, 7:00:00 PM)
595.8
-4.5 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.75%
1 Week3.13%
2 Weeks0.02%
1 Month-1.06%
3 Month-4.84%
6 Month26.2%
12 Month104.67%
2 Year303.66%
3 Year556.24%
5 Year187.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)14.56
ATR(20)%2.59%
ATR Inc-25.39%
Range Today16.6
ADR(20)14.86
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.09
Mansfield0.72
10 Day High610.4
10 Day Low570.5
20 Day High638
20 Day Low570.5
52 Week High669
52 Week Low291.3
CS1 End593.37
CR1 Start616.59
Volume & EV
DER(3)-5.74%
DER(5)-10.78%
Volume1.57K
Volume Incr-11.9%
Vol(5)1.90K
Vol(50)2.31K