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SPOTIFY TECHNOLOGY SA (639.DE) Stock Technical Analysis

FRA:639 - Deutsche Boerse Ag - LU1778762911 - Common Stock - Currency: EUR

588  +52.8 (+9.87%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to 639. Both in the recent history as in the last year, 639 has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: 639 has an average volume of 2306 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that 639 is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, 639 also shows a nice and consistent pattern of rising prices.
639 is one of the better performing stocks in the Entertainment industry, it outperforms 100% of 44 stocks in the same industry.
639 is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month 639 has a been trading in the 436.85 - 597.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SPOTIFY TECHNOLOGY SA / 639 Weekly stock chart
SPOTIFY TECHNOLOGY SA / 639 Daily stock chart
Setup Rating and Analysis

1

Although 639 has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

360.30

593.88

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 485.00 to 490.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @436.48 from a trend line in the daily time frame.
  • Support @363.94 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.52
Mansfield6.22
10 Day High597.8
10 Day Low454.55
20 Day High597.8
20 Day Low436.85
52 Week High597.8
52 Week Low211.5
Performance
1 Week16.9%
2 Weeks26.93%
1 Month32.31%
3 Month56.61%
6 Month88.98%
12 Month162.5%
2 Year432.71%
3 Year321.66%
5 Year380.79%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)9.36
RSI(14)82.55
LBB430.58
UBB571.45
SPOTIFY TECHNOLOGY SA / 639 Daily stock chart

SPOTIFY TECHNOLOGY SA

FRA:639 (2/4/2025, 7:00:00 PM)

588

+52.8 (+9.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg9.87%
1 Week16.9%
2 Weeks26.93%
1 Month32.31%
3 Month56.61%
6 Month88.98%
12 Month162.5%
2 Year432.71%
3 Year321.66%
5 Year380.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)20.7
ATR(20)%3.28%
ATR Inc123.91%
Range Today54.2
ADR(20)16.93
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.52
Mansfield6.22
10 Day High597.8
10 Day Low454.55
20 Day High597.8
20 Day Low436.85
52 Week High597.8
52 Week Low211.5
CS1 End490.82
CR1 StartN/A
Volume & EV
DER(3)-2.9%
DER(5)-3.68%
Volume26.72K
Volume Incr301.12%
Vol(5)7.36K
Vol(50)2.31K