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Tencent Music Entertainment Group (TME)
NYSE:TME
US Market

Tencent Music Entertainment Group (TME) Technical Analysis

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1,426 Followers

Technical Sentiment

Overall Consensus
Neutral
10Bullish
3Neutral
9Bearish
Technical Analysis Consensus
Buy
5Bullish
3Neutral
2Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Tencent Music Entertainment Group’s (TME) Moving Averages Convergence Divergence (MACD) indicator is 0.24, suggesting Tencent Music Entertainment Group is a Buy.
Tencent Music Entertainment Group’s (TME) 20-Day exponential moving average is 12.60, while Tencent Music Entertainment Group’s (TME) share price is $12.19, making it a Sell.
Tencent Music Entertainment Group’s (TME) 50-Day exponential moving average is 12.17, while Tencent Music Entertainment Group’s (TME) share price is $12.19, making it a Buy.

Tencent Music Entertainment Group (TME) Pivot Points

Mar 04, 2025, 09:25 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
11.53
11.74
11.97
12.18
12.41
12.62
12.85
Fibonacci
11.74
11.91
12.02
12.18
12.35
12.46
12.62
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

Mar 04, 2025, 09:25 AM
Period
Simple
Exponential
MA5
12.58Sell
12.58Sell
MA10
12.98Sell
12.72Sell
MA20
12.69Sell
12.60Sell
MA50
11.88Buy
12.17Buy
MA100
11.83Buy
11.97Buy
MA200
12.42Sell
12.20Buy
Tencent Music Entertainment Group’s (TME) 10-Day exponential moving average is 12.72, while Tencent Music Entertainment Group’s (TME) share price is $12.19, making it a Sell.
Tencent Music Entertainment Group’s (TME) 100-Day exponential moving average is 11.97, while Tencent Music Entertainment Group’s (TME) share price is $12.19, making it a Buy.
Tencent Music Entertainment Group’s (TME) stock price is $12.19 and Tencent Music Entertainment Group’s (TME) 50-day simple moving average is 11.88, creating a Buy signal.
Tencent Music Entertainment Group’s (TME) stock price is $12.19 and Tencent Music Entertainment Group’s (TME) 100-day simple moving average is 11.83, creating a Buy signal.
Tencent Music Entertainment Group’s (TME) stock price is $12.19 and Tencent Music Entertainment Group’s (TME) 200-day simple moving average is 12.42, creating a Sell signal.

Tencent Music Entertainment Group (TME) Technical Indicators

Mar 04, 2025, 09:25 AM
Name
Value
Implied Action
RSI (14)
48.78
Neutral
STOCH (9,6)
10.30
Buy
STOCHRSI (14)
16.95
Buy
MACD (12,26)
0.24
Buy
ADX (14)
19.59
Buy
Williams %R
-86.06
Buy
CCI (14)
-46.43
Neutral
ATR (14)
0.66
-
Ultimate Oscillator
44.38
Neutral
ROC
-1.04
Sell
Tencent Music Entertainment Group’s (TME) Relative Strength Index (RSI) is 48.78, creating a Neutral signal.
Tencent Music Entertainment Group’s (TME) Trend Strength Indicator (ADX) is 19.59, creating a Buy signal.
Tencent Music Entertainment Group’s (TME) Commodity Channel Index (CCI) is -46.43, creating a Neutral signal.
Tencent Music Entertainment Group’s (TME) Price Rate of Change (ROC) is -1.04, creating a Sell 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 48.78, which suggests TME is a Neutral.
      What is TME’s MACD?
      TME’s MACD is 0.24, which suggests TME is a Buy.
        What is TME’s 5-day moving average?
        TME’s 5-day moving average is 12.58, which suggests TME is a Sell.
          What is TME’s 20-day moving average?
          TME 20-day moving average is 12.69, which suggests TME is a Sell.
            What is TME’s 50-day moving average?
            TME’s 50-day moving average is 11.88, which suggests TME is a Buy.
              What is TME’s 200-day moving average?
              TME’s 200-day moving average is 12.42, which suggests TME is a Sell.
                What is TME’s Williams % R (14)?
                TME’s Williams % R (14) is -86.06, which suggests TME is a Buy.
                  What is TME’s CCI (14)?
                  TME’s CCI (14) is -46.43, which suggests TME is a Neutral.
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