Logo image of A-0SPT.L

Spotify Technology S.A. (A-0SPT.L) Stock Technical Analysis

LON:A-0SPT - London Stock Exchange, The -

124.815  -2.61 (-2.05%)

Technical Rating and Analysis

2

Taking everything into account, A-0SPT scores 2 out of 10 in our technical rating. A-0SPT'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.

100% of all other stocks performed better in the past year than A-0SPT.
A-0SPT 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.
In the last month A-0SPT has a been trading in the 121.43 - 155.32 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: A-0SPT has an average volume of 308 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 neutral. This gives a pretty neutral overall picture!
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Spotify Technology S.A. / A-0SPT Weekly stock chart
Spotify Technology S.A. / A-0SPT Daily stock chart
Setup Rating and Analysis

5

A-0SPT 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.

Support and Resistance Analysis

114.59

151.87

3 important support areas can be observed.

  • A support zone ranging from 123.56 to 124.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @118.39 from a trend line in the weekly time frame.
  • Support @115.75 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 124.83 to 127.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @133.04 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 149.64 to 150.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS0
Mansfield-30
10 Day High135.62
10 Day Low122.45
20 Day High155.32
20 Day Low121.43
52 Week High170.34
52 Week Low106.87
Performance
1 Week1.93%
2 Weeks-4.56%
1 Month-17.86%
3 Month0.92%
6 Month-18.55%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.65
RSI(14)45.51
LBB121.69
UBB133.94
Spotify Technology S.A. / A-0SPT Daily stock chart

Spotify Technology S.A.

LON:A-0SPT (3/8/2019, 7:00:00 PM)

124.815

-2.61 (-2.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.05%
1 Week1.93%
2 Weeks-4.56%
1 Month-17.86%
3 Month0.92%
6 Month-18.55%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.15
ATR(20)%4.14%
ATR Inc-31.6%
Range Today0.21
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High135.62
10 Day Low122.45
20 Day High155.32
20 Day Low121.43
52 Week High170.34
52 Week Low106.87
CS1 End124.34
CR1 Start124.83
Volume & EV
DER(3)0%
DER(5)0%
Volume3.71K
Volume Incr381%
Vol(5)1.29K
Vol(50)308.48