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Spotify Technology S.A.

SPOT Technical Analysis Summary (NYSE)

Analyze SPOT on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SPOTNYSE
Communication ServicesInternet Content & Information
$486.01
$7.84(1.64%)
U.S. Market opens in 17h 14m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SPOT Technical Analysis Summary (NYSE)

Spotify Technology S.A. (NYSE: SPOT) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.96)
Trend Strength:Weak (ADX: 11.42)
Volatility:Medium (ATR: 20.66)
Support/Resistance:$459.88 – $518.58 (Bollinger Bands)

Technical conditions suggest Spotify Technology S.A. on the NYSE is awaiting a decisive move. This mix signals that Spotify Technology S.A. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.96

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 46.65

Neutral
Mid-range signal with no clear trend.

Williams %R: -63.07

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.57

Neutral
Price change is minimal.

Takeaway:Spotify Technology S.A. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 5.86

Bullish
Bullish, trend momentum is strengthening.

ADX: 11.42

Weak
Weak trend, market trading sideways.

ATR (14): 20.66

Rising
Rising volatility, market activity increasing.

CCI (14): -43.99

Bearish
Bearish, momentum remains under pressure.

Takeaway:Spotify Technology S.A. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$518.58
Middle Band (SMA 20)
$489.23
Lower Band
$459.88
Current Position
Within Bands

Takeaway:Spotify Technology S.A. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$531.62
Middle Line (EMA 20)
$490.29
Lower Channel
$448.96
Squeeze Status
Squeeze On

Takeaway:Spotify Technology S.A. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume10.25M
Money Flow Index39.15Bearish, selling pressure outweighs inflows.
Relative Vigor Index31.39Bearish, price momentum favors sellers.

Overall Takeaway:SPOT shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Spotify Technology S.A. (NYSE: SPOT), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Spotify Technology S.A. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: SPOT) Technical Analysis FAQ