Is Spotify Technology SA technically bullish or bearish?

Jun 25 2025 08:40 AM IST
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As of May 2, 2025, the technical trend for Spotify Technology SA is bullish, supported by strong indicators like MACD and Bollinger Bands, despite some caution from On-Balance Volume showing mixed signals.
As of 2 May 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate bullishness in both time frames. Moving averages on the daily chart are bullish, reinforcing the positive outlook. Additionally, KST is bullish on both weekly and monthly charts, and Dow Theory confirms a bullish trend in both time frames. However, the On-Balance Volume shows no trend on the weekly and is mildly bearish on the monthly, which could suggest some caution. Overall, the strength of the bullish indicators outweighs the bearish signals, indicating a strong bullish sentiment for Spotify Technology SA.
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