SPOTIFY TECHNOLOGY SA (639.DE) Stock Technical Analysis
FRA:639 - Deutsche Boerse Ag - LU1778762911 - Common Stock - Currency: EUR
Taking everything into account, 639 scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month 639 has a been trading in the 472.10 - 625.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: 639 has an average volume of 2796 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that 639 is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by 639 over the past year are nicely spread over this period.
639 is one of the better performing stocks in the Entertainment industry, it outperforms 100% of 46 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
639 is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although 639 has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
373.41
573.51
We found 1 important support area.
- Support @377.18 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @567.83 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.78
Mansfield2.81
10 Day High595.7
10 Day Low472.1
20 Day High625.9
20 Day Low472.1
52 Week High625.9
52 Week Low227
Performance
1 Week-17.19%
2 Weeks-22.39%
1 Month-22.52%
3 Month1.66%
6 Month62.18%
12 Month92.69%
2 Year284.63%
3 Year239.03%
5 Year319.27%
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)-15.89
RSI(14)30.74
LBB491.07
UBB642.76
FRA:639 (3/7/2025, 7:00:00 PM)
472.1
-56.5 (-10.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-10.69%
1 Week-17.19%
2 Weeks-22.39%
1 Month-22.52%
3 Month1.66%
6 Month62.18%
12 Month92.69%
2 Year284.63%
3 Year239.03%
5 Year319.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)27.35
ATR(20)%5.15%
ATR Inc53.4%
Range Today36
ADR(20)20.34
ADR(20)%4.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.78
Mansfield2.81
10 Day High595.7
10 Day Low472.1
20 Day High625.9
20 Day Low472.1
52 Week High625.9
52 Week Low227
CS1 End377.18
CR1 Start567.83
Volume & EV
DER(3)-3.3%
DER(5)-3.16%
Volume6.02K
Volume Incr8.6%
Vol(5)4.01K
Vol(50)2.80K