UNIVERSAL MUSIC GROUP NV (UMG.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:UMG - NL0015000IY2 - Common Stock
Taking everything into account, UMG scores 1 out of 10 in our technical rating. UMG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
UMG 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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20.99
2 important support areas can be observed.
- A support zone ranging from 21.80 to 22.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.20 to 21.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 22.31 to 22.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.97 from a horizontal line in the weekly time frame.
- Resistance @26.60 from a trend line in the weekly time frame.
- Resistance @28.92 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for UMG.AS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UMG.AS is neutral. |
| ChartMill Relative Strength | 16.14 | NEGATIVE | UMG.AS has a low relative strength, it was outperformed by 83.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UMG.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UMG.AS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UMG.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.85 | NEUTRAL | The RSI value for UMG.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests UMG.AS has a positive trend. |
| Stochastics (14,3) | 27.13 | NEUTRAL | The Stochastics value for UMG.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for UMG.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 9.61 | NEGATIVE | The low ADX value for UMG.AS suggests a weak or negative trend. |
AMS:UMG (1/9/2026, 7:00:00 PM)
22.2
+0.94 (+4.42%)
UNIVERSAL MUSIC GROUP NV / UMG.AS FAQ
Can you provide the ChartMill technical rating for UNIVERSAL MUSIC GROUP NV?
ChartMill assigns a technical rating of 1 / 10 to UMG.AS.
What is the current trend direction of UNIVERSAL MUSIC GROUP NV (UMG.AS) stock?
The current trend direction for UNIVERSAL MUSIC GROUP NV (UMG.AS) is Bearish.
What is the RSI signal for UNIVERSAL MUSIC GROUP NV (UMG.AS) stock?
UNIVERSAL MUSIC GROUP NV (UMG.AS) has an RSI value of 52.854. This indicates that the stock is currently neutral.
What is the support and resistance level for UMG stock?
UNIVERSAL MUSIC GROUP NV (UMG.AS) has a support level at 22.11 and a resistance level at 22.31. Check the full technical report for our detailed analysis of UMG.AS support and resistance levels.