Tencent Music Entertainment (TME)
:TME
US Market

Tencent Music Entertainment Group (TME) Technical Analysis

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1,443 Followers

Technical Sentiment

Overall Consensus
Neutral
6Bullish
0Neutral
7Bearish
Technical Analysis Consensus
Strong Buy
1Bullish
0Neutral
0Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Tencent Music Entertainment’s (TME) Moving Averages Convergence Divergence (MACD) indicator is 0.50, suggesting Tencent Music Entertainment is a Sell.
Tencent Music Entertainment’s (TME) 20-Day exponential moving average is 13.72, while Tencent Music Entertainment’s (TME) share price is $12.96, making it a Sell.
Tencent Music Entertainment’s (TME) 50-Day exponential moving average is 13.05, while Tencent Music Entertainment’s (TME) share price is $12.96, making it a Sell.

Tencent Music Entertainment Group (TME) Pivot Points

Apr 06, 2025, 09:47 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
13.94
14.08
14.25
14.39
14.56
14.70
14.87
Fibonacci
14.08
14.20
14.27
14.39
14.51
14.58
14.70
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Tencent Music Entertainment Group (TME) Moving Averages

Apr 06, 2025, 09:47 PM
Period
Simple
Exponential
MA5
14.02Sell
13.84Sell
MA10
14.12Sell
13.93Sell
MA20
13.65Sell
13.72Sell
MA50
12.92Buy
13.05Sell
MA100
12.11Buy
12.55Buy
MA200
12.16Buy
12.56Buy
Tencent Music Entertainment’s (TME) 10-Day exponential moving average is 13.93, while Tencent Music Entertainment’s (TME) share price is $12.96, making it a Sell.
Tencent Music Entertainment’s (TME) 100-Day exponential moving average is 12.55, while Tencent Music Entertainment’s (TME) share price is $12.96, making it a Buy.
Tencent Music Entertainment’s (TME) stock price is $12.96 and Tencent Music Entertainment’s (TME) 50-day simple moving average is 12.92, creating a Buy signal.
Tencent Music Entertainment’s (TME) stock price is $12.96 and Tencent Music Entertainment’s (TME) 100-day simple moving average is 12.11, creating a Buy signal.
Tencent Music Entertainment’s (TME) stock price is $12.96 and Tencent Music Entertainment’s (TME) 200-day simple moving average is 12.16, creating a Buy signal.

Tencent Music Entertainment Group (TME) Technical Indicators

Apr 06, 2025, 09:47 PM
Name
Value
Implied Action
RSI (14)
59.55
Neutral
STOCH (9,6)
41.50
Neutral
STOCHRSI (14)
73.29
Neutral
MACD (12,26)
0.50
Sell
ADX (14)
25.95
Neutral
Williams %R
-25.44
Buy
CCI (14)
60.49
Neutral
ATR (14)
0.60
-
Ultimate Oscillator
49.16
Neutral
ROC
0.47
Buy
Tencent Music Entertainment’s (TME) Relative Strength Index (RSI) is 59.55, creating a Neutral signal.
Tencent Music Entertainment’s (TME) Trend Strength Indicator (ADX) is 25.95, creating a Neutral signal.
Tencent Music Entertainment’s (TME) Commodity Channel Index (CCI) is 60.49, creating a Neutral signal.
Tencent Music Entertainment’s (TME) Price Rate of Change (ROC) is 0.47, creating a Buy signal.

FAQ

Is TME a Buy, Hold, or Sell?
Based on TME’s technical indicators, TME is a Hold.
    What is TME’s RSI (14)?
    TME’s RSI (14) is 59.55, which suggests TME is a Neutral.
      What is TME’s MACD?
      TME’s MACD is 0.50, which suggests TME is a Sell.
        What is TME’s 5-day moving average?
        TME’s 5-day moving average is 14.02, which suggests TME is a Sell.
          What is TME’s 20-day moving average?
          TME 20-day moving average is 13.65, which suggests TME is a Sell.
            What is TME’s 50-day moving average?
            TME’s 50-day moving average is 12.92, which suggests TME is a Buy.
              What is TME’s 200-day moving average?
              TME’s 200-day moving average is 12.16, which suggests TME is a Buy.
                What is TME’s Williams % R (14)?
                TME’s Williams % R (14) is -25.44, which suggests TME is a Buy.
                  What is TME’s CCI (14)?
                  TME’s CCI (14) is 60.49, which suggests TME is a Neutral.
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