SPOT chart analysis today
SPOT is 46 days into an uptrend, coiling inside a rising wedge under a weekly downtrend. The coil is on light volume. $554.76 ends the wedge, $539.84 resumes the fall.
Spotify Technology · daily · last close $544.15 · read computed from candles through 2026-09-01. No AI, no signal, no target.
The two prices that decide it
- Above
- $554.76 · the rising wedge
- Below
- $539.84 · the rising wedge
- Formation state
- Still forming.
- Trend
- a series of higher highs and higher lows over the window, 6 steps across 46 bars, still intact
- Agreement
- Structure 2 of 4 (mixed) · indicators 0 of 3 (low)
Levels and what happened there
- Resistance $554.56
- Support $416.84
- The last two times price reached $554.56 it held once, bouncing 4.4%.
- The last four times price reached $416.84 it held three times, bouncing 22% on average.
- Bigger picture Weekly down, daily coiling. weekly — downtrend intact, nearest support $467.88, ascending triangle at $530.89.
- 52 weeks 27% below its 52-week high of $745.00 and 34% above its 52-week low of $405.00.
Read your own SPOT chart, on any timeframe
This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze SPOT now →Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.