Spotify Technology S.A. technical analysis
Technical analysis of Spotify Technology S.A. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Spotify Technology S.A.
Spotify Technology S.A. is an audio streaming company operating worldwide that offers music and podcast subscription services through two segments: Premium, providing online and offline access, and Ad-Supported, offering limited on-demand access with advertising-based financing. Founded in 2006 and headquartered in Stockholm, the company also provides distribution, marketing, and technical support services.
Description generated automatically from public sources; it may be inaccurate or out of date.
Spotify Technology S.A.: latest session data
Closing values for October 16, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
508.85 $
+4.25%
50 sessions
521.03 $
+1.81%
200 sessions
497.41 $
+6.64%
Session levels
s2
506.76
Support
s1
520.06
Support
pivot
526.95
Pivot
r1
540.26
Resistance
r2
547.15
Resistance
How to read it
In the October 16, 2026 session Spotify Technology S.A. closed lower at 530.46 $, −0.55% versus the previous session.
The price sits above every moving average observed: +4.25% against the 21-session average, +1.81% against the 50 and +6.64% against the 200.
The 14-period RSI reads 56.4, in neutral territory.
MACD stands at 2.795 against a signal line at -1.398: the histogram is positive (+4.193).
ADX reads 16.5, indicating weak directionality.
Levels computed on the latest session place supports at 520.06 and 506.76 $ and resistances at 540.26 and 547.15 $, around a pivot of 526.95.
The average daily range (ATR) is 17.436 $, or 3.29% of price.
Turnover was 1.7M shares, 119% of the 20-session average.
Over the last twelve months the price ranged between 411.24 and 576.00 $, and today stands −7.91% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Spotify Technology S.A.
How is Spotify Technology S.A. analysed technically?
Technical analysis of Spotify Technology S.A. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Spotify Technology S.A.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Spotify Technology S.A.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Spotify Technology S.A. it helps frame the technical structure of the historical chart and is not a forecast.
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