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

Tencent Music Entertainment Group (TME) Technical Analysis

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1,448 Followers

Technical Sentiment

Overall Consensus
Strong Buy
15Bullish
4Neutral
3Bearish
Technical Analysis Consensus
Neutral
3Bullish
4Neutral
3Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Tencent Music Entertainment Group’s (TME) Moving Averages Convergence Divergence (MACD) indicator is -0.09, suggesting Tencent Music Entertainment Group is a Sell.
Tencent Music Entertainment Group’s (TME) 20-Day exponential moving average is 12.95, while Tencent Music Entertainment Group’s (TME) share price is $13.36, making it a Buy.
Tencent Music Entertainment Group’s (TME) 50-Day exponential moving average is 12.87, while Tencent Music Entertainment Group’s (TME) share price is $13.36, making it a Buy.

Tencent Music Entertainment Group (TME) Pivot Points

Apr 28, 2025, 04:53 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
12.48
12.67
12.99
13.18
13.49
13.68
14.00
Fibonacci
12.67
12.87
12.99
13.18
13.37
13.49
13.68
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 28, 2025, 04:53 AM
Period
Simple
Exponential
MA5
12.85Buy
13.02Buy
MA10
12.65Buy
12.88Buy
MA20
13.04Buy
12.95Buy
MA50
13.12Buy
12.87Buy
MA100
12.32Buy
12.60Buy
MA200
12.05Buy
12.60Buy
Tencent Music Entertainment Group’s (TME) 10-Day exponential moving average is 12.88, while Tencent Music Entertainment Group’s (TME) share price is $13.36, making it a Buy.
Tencent Music Entertainment Group’s (TME) 100-Day exponential moving average is 12.60, while Tencent Music Entertainment Group’s (TME) share price is $13.36, making it a Buy.
Tencent Music Entertainment Group’s (TME) stock price is $13.36 and Tencent Music Entertainment Group’s (TME) 50-day simple moving average is 13.12, creating a Buy signal.
Tencent Music Entertainment Group’s (TME) stock price is $13.36 and Tencent Music Entertainment Group’s (TME) 100-day simple moving average is 12.32, creating a Buy signal.
Tencent Music Entertainment Group’s (TME) stock price is $13.36 and Tencent Music Entertainment Group’s (TME) 200-day simple moving average is 12.05, creating a Buy signal.

Tencent Music Entertainment Group (TME) Technical Indicators

Apr 28, 2025, 04:53 AM
Name
Value
Implied Action
RSI (14)
54.32
Neutral
STOCH (9,6)
88.51
Sell
STOCHRSI (14)
77.29
Neutral
MACD (12,26)
-0.09
Sell
ADX (14)
18.31
Buy
Williams %R
-9.34
Sell
CCI (14)
25.52
Neutral
ATR (14)
0.68
-
Ultimate Oscillator
50.07
Neutral
ROC
3.09
Buy
Tencent Music Entertainment Group’s (TME) Relative Strength Index (RSI) is 54.32, creating a Neutral signal.
Tencent Music Entertainment Group’s (TME) Trend Strength Indicator (ADX) is 18.31, creating a Buy signal.
Tencent Music Entertainment Group’s (TME) Commodity Channel Index (CCI) is 25.52, creating a Neutral signal.
Tencent Music Entertainment Group’s (TME) Price Rate of Change (ROC) is 3.09, creating a Buy signal.

FAQ

Is TME a Buy, Hold, or Sell?
Based on TME’s technical indicators, TME is a Strong Buy.
    What is TME’s RSI (14)?
    TME’s RSI (14) is 54.32, which suggests TME is a Neutral.
      What is TME’s MACD?
      TME’s MACD is -0.09, which suggests TME is a Sell.
        What is TME’s 5-day moving average?
        TME’s 5-day moving average is 12.85, which suggests TME is a Buy.
          What is TME’s 20-day moving average?
          TME 20-day moving average is 13.04, which suggests TME is a Buy.
            What is TME’s 50-day moving average?
            TME’s 50-day moving average is 13.12, which suggests TME is a Buy.
              What is TME’s 200-day moving average?
              TME’s 200-day moving average is 12.05, which suggests TME is a Buy.
                What is TME’s Williams % R (14)?
                TME’s Williams % R (14) is -9.34, which suggests TME is a Sell.
                  What is TME’s CCI (14)?
                  TME’s CCI (14) is 25.52, which suggests TME is a Neutral.
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