Universal Music Group N.V. technical analysis
Technical analysis of Universal Music Group N.V. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Universal Music Group N.V.
Universal Music Group N.V. is a company operating in the music industry worldwide. The company manages recorded music, music publishing, and merchandising activities through discovering and developing artists, managing copyrights on musical compositions, distributing and commercializing music content across various formats and platforms, as well as conducting related operations such as live events and brand rights management.
Description generated automatically from public sources; it may be inaccurate or out of date.
Universal Music Group N.V.: latest session data
Closing values for September 4, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
14.78 €
−3.62%
50 sessions
16.68 €
−14.58%
200 sessions
18.81 €
−24.26%
Session levels
s2
14.18
Support
s1
14.31
Support
pivot
14.42
Pivot
r1
14.54
Resistance
r2
14.65
Resistance
How to read it
In the September 4, 2026 session Universal Music Group N.V. closed lower at 14.24 €, −1.28% versus the previous session.
The price sits below every moving average observed: −3.62% against the 21-session average, −14.58% against the 50 and −24.26% against the 200.
The 14-period RSI reads 32.6, in neutral territory.
MACD stands at -0.603 against a signal line at -0.679: the histogram is positive (+0.076).
ADX reads 32.4, indicating a marked directionality.
Levels computed on the latest session place supports at 14.31 and 14.18 € and resistances at 14.54 and 14.65 €, around a pivot of 14.42.
The average daily range (ATR) is 0.410 €, or 2.88% of price.
Turnover was 2.7M shares, 70% of the 20-session average.
Over the last twelve months the price ranged between 14.11 and 21.08 €, and today stands −32.42% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the UMG.AS analysis.
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 Universal Music Group N.V.
How is Universal Music Group N.V. analysed technically?
Technical analysis of Universal Music Group N.V. 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 Universal Music Group N.V.?
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 Universal Music Group N.V.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Universal Music Group N.V. it helps frame the technical structure of the historical chart and is not a forecast.
Other tickers to analyse
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.