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Tencent Music Entertainment Group (DE:63TA)
BERLIN:63TA

Tencent Music Entertainment Group (63TA) Technical Analysis

23 Followers

Summary of all the Indicators

Overall Consensus
Neutral
9Bullish
5Neutral
8Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Tencent Music Entertainment Group’s (63TA) Moving Averages Convergence Divergence (MACD) indicator is 0.10, suggesting Tencent Music Entertainment Group is a Buy.
Tencent Music Entertainment Group’s (63TA) 20-Day exponential moving average is 13.46, while Tencent Music Entertainment Group’s (63TA) share price is €13.2, making it a Sell.
Tencent Music Entertainment Group’s (63TA) 50-Day exponential moving average is 13.04, while Tencent Music Entertainment Group’s (63TA) share price is €13.2, making it a Buy.

Tencent Music Entertainment Group (63TA) Pivot Points

Jul 22, 2024, 03:22 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
13.40
13.40
13.40
13.40
13.40
13.40
13.40
Fibonacci
13.40
13.40
13.40
13.40
13.40
13.40
13.40
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 (63TA) Moving Averages

Jul 22, 2024, 03:22 PM
Period
Simple
Exponential
MA5
13.54Sell
13.46Sell
MA10
13.58Sell
13.51Sell
MA20
13.42Sell
13.46Sell
MA50
13.42Sell
13.04Buy
MA100
11.93Buy
12.02Buy
MA200
9.79Buy
10.10Buy
Tencent Music Entertainment Group’s (63TA) 10-Day exponential moving average is 13.51, while Tencent Music Entertainment Group’s (63TA) share price is €13.2, making it a Sell.
Tencent Music Entertainment Group’s (63TA) 100-Day exponential moving average is 12.02, while Tencent Music Entertainment Group’s (63TA) share price is €13.2, making it a Buy.
Tencent Music Entertainment Group’s (63TA) stock price is €13.2 and Tencent Music Entertainment Group’s (63TA) 50-day simple moving average is 13.42, creating a Sell signal.
Tencent Music Entertainment Group’s (63TA) stock price is €13.2 and Tencent Music Entertainment Group’s (63TA) 100-day simple moving average is 11.93, creating a Buy signal.
Tencent Music Entertainment Group’s (63TA) stock price is €13.2 and Tencent Music Entertainment Group’s (63TA) 200-day simple moving average is 9.79, creating a Buy signal.

Tencent Music Entertainment Group (63TA) Technical Indicators

Jul 22, 2024, 03:22 PM
Name
Value
Implied Action
RSI (14)
46.50
Neutral
STOCH (9,6)
23.81
Neutral
STOCHRSI (14)
36.67
Neutral
MACD (12,26)
0.10
Buy
ADX (14)
11.70
Buy
Williams %R
-100.00
Buy
CCI (14)
-55.56
Neutral
ATR (14)
0.22
-
Ultimate Oscillator
32.03
Neutral
ROC
1.54
Buy
Tencent Music Entertainment Group’s (63TA) Relative Strength Index (RSI) is 46.50, creating a Neutral signal.
Tencent Music Entertainment Group’s (63TA) Trend Strength Indicator (ADX) is 11.70, creating a Buy signal.
Tencent Music Entertainment Group’s (63TA) Commodity Channel Index (CCI) is -55.56, creating a Neutral signal.
Tencent Music Entertainment Group’s (63TA) Price Rate of Change (ROC) is 1.54, creating a Buy signal.

FAQ

Is 63TA a Buy, Hold, or Sell?
Based on 63TA’s technical indicators, 63TA is a Hold.
    What is 63TA’s RSI (14)?
    63TA’s RSI (14) is 46.50, which suggests 63TA is a Neutral.
      What is 63TA’s MACD?
      63TA’s MACD is 0.10, which suggests 63TA is a Buy.
        What is 63TA’s 5-day moving average?
        63TA’s 5-day moving average is 13.54, which suggests 63TA is a Sell.
          What is 63TA’s 20-day moving average?
          63TA 20-day moving average is 13.42, which suggests 63TA is a Sell.
            What is 63TA’s 50-day moving average?
            63TA’s 50-day moving average is 13.42, which suggests 63TA is a Sell.
              What is 63TA’s 200-day moving average?
              63TA’s 200-day moving average is 9.79, which suggests 63TA is a Buy.
                What is 63TA’s Williams % R (14)?
                63TA’s Williams % R (14) is -100.00, which suggests 63TA is a Buy.
                  What is 63TA’s CCI (14)?
                  63TA’s CCI (14) is -55.56, which suggests 63TA is a Neutral.
                    What is the share price of Tencent Music Entertainment Group?
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