UNIVERSAL MUSIC GROUP NV (UMG.AS) Technical Analysis
AMS:UMG • NL0015000IY2
Current stock price
UMG.AS Technical Rating and Analysis
Taking everything into account, UMG scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. UMG was also a bad performer in the overall market in the last year.
- 88% of all other stocks performed better in the past year than UMG.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month UMG has a been trading in the 15.41 - 21.25 range, which is quite wide. It is currently trading near the high of this range.
- UMG has an average volume of 3495800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- UMG is an average performer in the Entertainment industry, it outperforms 48% of 44 stocks in the same industry.
- UMG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UMG is lagging the market.
UMG.AS Weekly and Daily overview Charts
UMG.AS Setup Rating and Analysis
Although the technical rating is only medium, UMG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 20.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.00, a Stop Loss order could be placed below this zone.
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UMG.AS Support and Resistance Analysis
19.68
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.91 to 20.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.87 from a trend line in the weekly time frame.
UMG.AS Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for UMG.AS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UMG.AS is up. |
| ChartMill Relative Strength | 12.49 | NEGATIVE | UMG.AS has a low relative strength, it was outperformed by 87.51% 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) | UP | POSITIVE | The current price of UMG.AS is above the rising 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) | 61.54 | NEUTRAL | The RSI value for UMG.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests UMG.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.57 | NEUTRAL | The Stochastics value for UMG.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for UMG.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 39.84 | POSITIVE | The high ADX value value for UMG.AS suggests a strong trend. |
UMG.AS Chart- and CandleStick Pattern Analysis
UMG.AS Technicals: Chart, Performance Metrics, Trend & Indicators
AMS:UMG (4/23/2026, 5:36:15 PM)
19.88
-0.13 (-0.65%)
UNIVERSAL MUSIC GROUP NV / UMG.AS TA FAQ
Can you provide the ChartMill technical rating for UNIVERSAL MUSIC GROUP NV?
ChartMill assigns a technical rating of 5 / 10 to UMG.AS.
What is the trend direction for UMG stock?
The current trend direction for UNIVERSAL MUSIC GROUP NV (UMG.AS) is Bearish.
Can you provide the RSI signal for UNIVERSAL MUSIC GROUP NV?
UNIVERSAL MUSIC GROUP NV (UMG.AS) has an RSI value of 61.544. This indicates that the stock is currently neutral.
Can you provide the short term momentum for UNIVERSAL MUSIC GROUP NV?
The short term momentum for UNIVERSAL MUSIC GROUP NV (UMG.AS) is positive.