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Tencent Music Entertainment Group (TME)
NYSE:TME
US Market
Holding TME?
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Tencent Music Entertainment Group (TME) Technical Analysis

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Technical Sentiment

Overall Consensus
Buy
14Bullish
4Neutral
4Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Tencent Music Entertainment Group’s (TME) Moving Averages Convergence Divergence (MACD) indicator is 0.02, suggesting Tencent Music Entertainment Group is a Sell.
Tencent Music Entertainment Group’s (TME) 20-Day exponential moving average is 11.27, while Tencent Music Entertainment Group’s (TME) share price is $11.64, making it a Buy.
Tencent Music Entertainment Group’s (TME) 50-Day exponential moving average is 11.40, while Tencent Music Entertainment Group’s (TME) share price is $11.64, making it a Buy.

Tencent Music Entertainment Group (TME) Pivot Points

Jan 30, 2025, 03:48 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
11.13
11.27
11.52
11.66
11.91
12.05
12.30
Fibonacci
11.27
11.42
11.51
11.66
11.81
11.90
12.05
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

Jan 30, 2025, 03:48 PM
Period
Simple
Exponential
MA5
11.57Buy
11.55Buy
MA10
11.18Buy
11.35Buy
MA20
11.05Buy
11.27Buy
MA50
11.48Buy
11.40Buy
MA100
11.45Buy
11.57Buy
MA200
12.40Sell
11.88Sell
Tencent Music Entertainment Group’s (TME) 10-Day exponential moving average is 11.35, while Tencent Music Entertainment Group’s (TME) share price is $11.64, making it a Buy.
Tencent Music Entertainment Group’s (TME) 100-Day exponential moving average is 11.57, while Tencent Music Entertainment Group’s (TME) share price is $11.64, making it a Buy.
Tencent Music Entertainment Group’s (TME) stock price is $11.64 and Tencent Music Entertainment Group’s (TME) 50-day simple moving average is 11.48, creating a Buy signal.
Tencent Music Entertainment Group’s (TME) stock price is $11.64 and Tencent Music Entertainment Group’s (TME) 100-day simple moving average is 11.45, creating a Buy signal.
Tencent Music Entertainment Group’s (TME) stock price is $11.64 and Tencent Music Entertainment Group’s (TME) 200-day simple moving average is 12.40, creating a Sell signal.

Tencent Music Entertainment Group (TME) Technical Indicators

Jan 30, 2025, 03:48 PM
Name
Value
Implied Action
RSI (14)
56.48
Neutral
STOCH (9,6)
79.07
Neutral
STOCHRSI (14)
79.19
Neutral
MACD (12,26)
0.02
Sell
ADX (14)
17.45
Buy
Williams %R
-26.16
Buy
CCI (14)
119.52
Sell
ATR (14)
0.43
-
Ultimate Oscillator
59.11
Neutral
ROC
7.58
Buy
Tencent Music Entertainment Group’s (TME) Relative Strength Index (RSI) is 56.48, creating a Neutral signal.
Tencent Music Entertainment Group’s (TME) Trend Strength Indicator (ADX) is 17.45, creating a Buy signal.
Tencent Music Entertainment Group’s (TME) Commodity Channel Index (CCI) is 119.52, creating a Sell signal.
Tencent Music Entertainment Group’s (TME) Price Rate of Change (ROC) is 7.58, creating a Buy signal.

FAQ

Is TME a Buy, Hold, or Sell?
Based on TME’s technical indicators, TME is a Buy.
    What is TME’s RSI (14)?
    TME’s RSI (14) is 56.48, which suggests TME is a Neutral.
      What is TME’s MACD?
      TME’s MACD is 0.02, which suggests TME is a Sell.
        What is TME’s 5-day moving average?
        TME’s 5-day moving average is 11.57, which suggests TME is a Buy.
          What is TME’s 20-day moving average?
          TME 20-day moving average is 11.05, which suggests TME is a Buy.
            What is TME’s 50-day moving average?
            TME’s 50-day moving average is 11.48, which suggests TME is a Buy.
              What is TME’s 200-day moving average?
              TME’s 200-day moving average is 12.40, which suggests TME is a Sell.
                What is TME’s Williams % R (14)?
                TME’s Williams % R (14) is -26.16, which suggests TME is a Buy.
                  What is TME’s CCI (14)?
                  TME’s CCI (14) is 119.52, which suggests TME is a Sell.
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