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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.

SPOT●NYSE
Communication ServicesInternet Content & Information
$556.31
$30.56(5.81%)
U.S. Market opens in 2h 17m

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:Bullish (RSI: 60.30)
Trend Strength:Weak (ADX: 12.35)
Volatility:Medium (ATR: 20.26)
Support/Resistance:$504.15 – $568.77 (Bollinger Bands)

Technical conditions suggest Spotify Technology S.A. on the NYSE is awaiting a decisive move. Technical conditions suggest Spotify Technology S.A. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 60.30

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 39.25

Bearish
Momentum remains weak below midpoint.

Williams %R: -28.93

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.43

Bullish
Steady upward momentum.

Takeaway:Spotify Technology S.A. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 8.72

Bullish
Bullish, trend momentum is strengthening.

ADX: 12.35

Weak
Weak trend, market trading sideways.

ATR (14): 20.26

Rising
Rising volatility, market activity increasing.

CCI (14): 57.05

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$568.77
Middle Band (SMA 20)
$536.46
Lower Band
$504.15
Current Position
Within Bands

Takeaway:Spotify Technology S.A. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$572.64
Middle Line (EMA 20)
$532.13
Lower Channel
$491.61
Squeeze Status
Squeeze On

Takeaway:Spotify Technology S.A. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.80M
Money Flow Index57.21Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.98Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SPOT shows bullish money flow, with volume and vigor supporting buyers.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

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

(NYSE: SPOT) Technical Analysis FAQ