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Is SPOT likely to continue higher? 20 Day Moving Average Support shows up after rising 0.44%

Spotify Technology S.A. (SPOT) — SwingTradeBot Technical Analysis Report · Sep 17, 2025, 20:06 ET
SPOT closed up 0.44% on Wednesday, September 17th, with volume running 0.6× below average. Mixed technical signals appeared with 20 DMA Support and 50 DMA Support and MACD Bullish Signal Line Cross suggesting upside potential, while Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 694.06, 680.93 & 672.87, with resistance at 715.26, 723.32 & 736.45.

Current SwingTradeBot Technical Rating of SPOT: C

Today’s move could mean more—check all the signals for SPOT on SwingTradeBot.

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Spotify Technology (SPOT)