UNIVERSAL MUSIC GROUP NV (UMG.AS) Stock Technical Analysis
Europe • Euronext Amsterdam • AMS:UMG • NL0015000IY2
Overall UMG gets a technical rating of 0 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, UMG is a bad performer in the overall market: 90% of all stocks are doing better.
- UMG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- UMG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- UMG has an average volume of 1887380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- UMG is part of the Entertainment industry. There are 48 other stocks in this industry, UMG did better than 48% of them.
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.
More info and screens
19.86
When analyzing the resistance we notice 6 important areas.
- Resistance @21.02 from a trend line in the weekly time frame.
- A resistance zone ranging from 21.37 to 21.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.09 to 22.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.91 from a horizontal line in the daily time frame.
- Resistance @26.36 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 | DOWN | NEGATIVE | The short term trend for UMG.AS is down. |
| ChartMill Relative Strength | 10.25 | NEGATIVE | UMG.AS has a low relative strength, it was outperformed by 89.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UMG.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UMG.AS is below 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) | 41.41 | NEUTRAL | The RSI value for UMG.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests UMG.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.55 | NEUTRAL | The Stochastics value for UMG.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for UMG.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.14 | NEUTRAL | The ADX value for UMG.AS suggests a possible start of a new trend. |
AMS:UMG (2/11/2026, 12:50:57 PM)
20.06
-0.16 (-0.79%)
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 0 / 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 41.4051. This indicates that the stock is currently neutral.
What is the buy/sell signal for UMG stock?
The buy/sell signal for UNIVERSAL MUSIC GROUP NV (UMG.AS) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for UNIVERSAL MUSIC GROUP NV?
UNIVERSAL MUSIC GROUP NV (UMG.AS) has a resistance level at 21.02. Check the full technical report for our detailed analysis of UMG.AS support and resistance levels.