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Tencent Music Entertainment (DE:63TA)
:63TA
Germany Market

Tencent Music Entertainment Group (63TA) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
11Bullish
6Neutral
5Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Buy
8Bullish
0Neutral
4Bearish
Tencent Music Entertainment’s (63TA) Moving Averages Convergence Divergence (MACD) indicator is 0.48, suggesting Tencent Music Entertainment is a Sell.
Tencent Music Entertainment’s (63TA) 20-Day exponential moving average is 11.99, while Tencent Music Entertainment’s (63TA) share price is €12.4, making it a Buy.
Tencent Music Entertainment’s (63TA) 50-Day exponential moving average is 11.45, while Tencent Music Entertainment’s (63TA) share price is €12.4, making it a Buy.

Tencent Music Entertainment Group (63TA) Pivot Points

Feb 23, 2025, 05:28 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
12.40
12.40
12.40
12.40
12.40
12.40
12.40
Fibonacci
12.40
12.40
12.40
12.40
12.40
12.40
12.40
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

Feb 23, 2025, 05:28 PM
Period
Simple
Exponential
MA5
12.80Sell
12.54Sell
MA10
12.46Sell
12.38Sell
MA20
11.90Buy
11.99Buy
MA50
11.25Buy
11.45Buy
MA100
11.11Buy
11.19Buy
MA200
11.49Buy
11.30Buy
Tencent Music Entertainment’s (63TA) 10-Day exponential moving average is 12.38, while Tencent Music Entertainment’s (63TA) share price is €12.4, making it a Sell.
Tencent Music Entertainment’s (63TA) 100-Day exponential moving average is 11.19, while Tencent Music Entertainment’s (63TA) share price is €12.4, making it a Buy.
Tencent Music Entertainment’s (63TA) stock price is €12.4 and Tencent Music Entertainment’s (63TA) 50-day simple moving average is 11.25, creating a Buy signal.
Tencent Music Entertainment’s (63TA) stock price is €12.4 and Tencent Music Entertainment’s (63TA) 100-day simple moving average is 11.11, creating a Buy signal.
Tencent Music Entertainment’s (63TA) stock price is €12.4 and Tencent Music Entertainment’s (63TA) 200-day simple moving average is 11.49, creating a Buy signal.

Tencent Music Entertainment Group (63TA) Technical Indicators

Feb 23, 2025, 05:28 PM
Name
Value
Implied Action
RSI (14)
57.24
Neutral
STOCH (9,6)
48.51
Neutral
STOCHRSI (14)
65.08
Neutral
MACD (12,26)
0.48
Sell
ADX (14)
25.71
Neutral
Williams %R
-47.62
Buy
CCI (14)
47.62
Neutral
ATR (14)
0.27
-
Ultimate Oscillator
57.01
Neutral
ROC
6.03
Buy
Tencent Music Entertainment’s (63TA) Relative Strength Index (RSI) is 57.24, creating a Neutral signal.
Tencent Music Entertainment’s (63TA) Trend Strength Indicator (ADX) is 25.71, creating a Neutral signal.
Tencent Music Entertainment’s (63TA) Commodity Channel Index (CCI) is 47.62, creating a Neutral signal.
Tencent Music Entertainment’s (63TA) Price Rate of Change (ROC) is 6.03, creating a Buy signal.

FAQ

Is 63TA a Buy, Hold, or Sell?
Based on 63TA’s technical indicators, 63TA is a Buy.
    What is 63TA’s RSI (14)?
    63TA’s RSI (14) is 57.24, which suggests 63TA is a Neutral.
      What is 63TA’s MACD?
      63TA’s MACD is 0.48, which suggests 63TA is a Sell.
        What is 63TA’s 5-day moving average?
        63TA’s 5-day moving average is 12.80, which suggests 63TA is a Sell.
          What is 63TA’s 20-day moving average?
          63TA 20-day moving average is 11.90, which suggests 63TA is a Buy.
            What is 63TA’s 50-day moving average?
            63TA’s 50-day moving average is 11.25, which suggests 63TA is a Buy.
              What is 63TA’s 200-day moving average?
              63TA’s 200-day moving average is 11.49, which suggests 63TA is a Buy.
                What is 63TA’s Williams % R (14)?
                63TA’s Williams % R (14) is -47.62, which suggests 63TA is a Buy.
                  What is 63TA’s CCI (14)?
                  63TA’s CCI (14) is 47.62, which suggests 63TA is a Neutral.
                    What is the share price of Tencent Music Entertainment?
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