Logo image of UMG.AS

UNIVERSAL MUSIC GROUP NV (UMG.AS) Stock Technical Analysis

AMS:UMG - Euronext Amsterdam - NL0015000IY2 - Common Stock - Currency: EUR

26.985  -0.12 (-0.42%)

Technical Rating and Analysis

7

Overall UMG gets a technical rating of 7 out of 10. In the last year, UMG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
UMG is part of the Entertainment industry. There are 44 other stocks in this industry. UMG outperforms 74% of them.
UMG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UMG is lagging the market slightly.
In the last month UMG has a been trading in the 23.81 - 27.23 range, which is quite wide. It is currently trading near the high of this range.
UMG has an average volume of 1303480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, UMG turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
Weekly and Daily overview Charts
UNIVERSAL MUSIC GROUP NV / UMG Weekly stock chart
UNIVERSAL MUSIC GROUP NV / UMG Daily stock chart
Setup Rating and Analysis

3

Although UMG has an excellent technical rating, it does not present a decent entry opportunity 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

22.23

29.21

We found 4 important support areas.

  • A support zone ranging from 24.78 to 25.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 23.91 to 24.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @23.38 from a trend line in the weekly time frame.
  • A support zone ranging from 22.45 to 22.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @28.92 from a horizontal 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
CRS50.58
Mansfield-0.26
10 Day High27.23
10 Day Low24.08
20 Day High27.23
20 Day Low23.81
52 Week High29.49
52 Week Low19.93
Performance
1 Week4.23%
2 Weeks9.85%
1 Month11.48%
3 Month14.3%
6 Month22.35%
12 Month-1.13%
2 Year21.25%
3 Year33.3%
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)0.25
RSI(14)77.37
LBB23.33
UBB27.8
UNIVERSAL MUSIC GROUP NV / UMG Daily stock chart

UNIVERSAL MUSIC GROUP NV

AMS:UMG (2/5/2025, 11:37:57 AM)

26.985

-0.12 (-0.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.42%
1 Week4.23%
2 Weeks9.85%
1 Month11.48%
3 Month14.3%
6 Month22.35%
12 Month-1.13%
2 Year21.25%
3 Year33.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%1.84%
ATR Inc-1.69%
Range Today0.31
ADR(20)0.45
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.58
Mansfield-0.26
10 Day High27.23
10 Day Low24.08
20 Day High27.23
20 Day Low23.81
52 Week High29.49
52 Week Low19.93
CS1 End25.14
CR1 Start28.92
Volume & EV
DER(3)-0.44%
DER(5)0.65%
Volume227.31K
Volume Incr35.32%
Vol(5)1.46M
Vol(50)1.30M