UNIVERSAL MUSIC GROUP NV (UMG.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:UMG - NL0015000IY2 - Common Stock
Overall UMG gets a technical rating of 0 out of 10. UMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
UMG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
21.36
When analyzing the support we can see 2 important areas.
- Support @22.07 from a horizontal line in the weekly time frame.
- Support @21.58 from a horizontal line in the daily time frame.
6 important resistance areas can be observed.
- Resistance @22.67 from a trend line in the weekly time frame.
- A resistance zone ranging from 23.09 to 23.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.97 to 25.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.89 from a trend line in the weekly time frame.
- Resistance @27.90 from a horizontal line in the daily 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 | 18.08 | NEGATIVE | UMG.AS has a low relative strength, it was outperformed by 81.92% 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) | 44.11 | NEUTRAL | The RSI value for UMG.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests UMG.AS has a positive trend. |
| Stochastics (14,3) | 30.32 | NEUTRAL | The Stochastics value for UMG.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for UMG.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.37 | NEGATIVE | The low ADX value for UMG.AS suggests a weak or negative trend. |
AMS:UMG (11/28/2025, 7:00:00 PM)
22.08
+0.05 (+0.23%)
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.
Can you provide the trend direction for UNIVERSAL MUSIC GROUP NV?
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 44.1143. This indicates that the stock is currently neutral.
What is the MACD signal for UNIVERSAL MUSIC GROUP NV (UMG.AS) stock?
The MACD indicator for UNIVERSAL MUSIC GROUP NV (UMG.AS) has a value of 0.0266382, indicating a bearish trend.
What is the short term momentum for UNIVERSAL MUSIC GROUP NV (UMG.AS) stock?
The short term momentum for UNIVERSAL MUSIC GROUP NV (UMG.AS) is negative.