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(TME) Tencent Music complete technical analysis [charts+indicators] | Buy/Sell Tencent Music | (TME) share price targets

Complete technical analysis of Tencent Music (TME) by charts plus indicators, forecast predictions and share price targets for Tencent Music (TME)

Tencent Music trades in USA in Consumer Services sector.

10 day averaged volume of Tencent Music is 9899360

Date Daily Closing Price Open High Low Volume
14 Mon Apr 2025 12.63 12.53 13.11 12.49 0.734 times
11 Fri Apr 2025 12.23 12.52 12.62 11.71 1.855 times
10 Thu Apr 2025 12.49 12.65 13.08 12.40 0.956 times
09 Wed Apr 2025 12.64 12.00 12.75 11.85 1.415 times
08 Tue Apr 2025 11.98 13.38 13.50 11.73 1.252 times
07 Mon Apr 2025 12.75 12.16 13.53 12.04 1.191 times
04 Fri Apr 2025 12.96 13.28 13.52 12.75 1.133 times
03 Thu Apr 2025 14.32 14.11 14.37 14.03 0.589 times
02 Wed Apr 2025 14.47 14.35 14.55 14.21 0.463 times
01 Tue Apr 2025 14.46 14.44 14.58 14.28 0.636 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.6 as stoploss in an intra day buy trade for a target of 13.6. However, stock will show a bearish move below 12.6.

Share price targets for Tencent Music (TME)

Target Type Value
Downside Target 10.26
Downside Target 11.27
Downside Target 11.61
Downside Target 12.39
Upside Target 12.75
Upside Target 13.11
Upside Target 13.53
Upside Target 13.82
Upside Target 14.58
Upside Target 14.64
Upside Target 14.69
Upside Target 15.33

Intraday share price targets for Tencent Music (TME)

Target Type Value
Downside Intraday Target 12.38
Downside Intraday Target 12.12
Upside Intraday Target 13
Upside Intraday Target 13.36
Upside Intraday Target 12.74

Weekly technical analysis of Tencent Music (TME)

Date Weekly Closing Price Open High Low Volume
14 Mon Apr 2025 12.63 12.53 13.11 12.49 0.11 times
11 Fri Apr 2025 12.23 12.16 13.53 11.71 2.002 times
04 Fri Apr 2025 12.96 14.25 14.58 12.75 2.433 times
28 Fri Mar 2025 14.38 14.09 14.64 14.01 0.177 times
21 Fri Mar 2025 14.00 12.40 15.33 12.39 1.701 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tencent Music (TME)

Date Monthly Closing Price Open High Low Volume
14 Mon Apr 2025 12.63 14.44 14.58 11.71 0.575 times
31 Mon Mar 2025 14.41 12.20 15.33 11.91 1.009 times
28 Fri Feb 2025 12.19 11.79 14.69 11.61 1.161 times
31 Fri Jan 2025 11.98 11.26 12.41 10.26 1.507 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tencent Music (TME)

Price action analysis of Tencent Music ( (TME) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Tencent Music ( (TME) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Tencent Music ( (TME) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tencent Music ( (TME) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Tencent Music stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Tencent Music in short term and the sell signal is strong.

Tencent Music Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Tencent Music in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Tencent Music is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.81 and Tencent Music (TME) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Tencent Music (TME) stock. Volume based technical analysis of Tencent Music (TME) stock is negative.

Tencent Music Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Tencent Music ( (TME) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Tencent Music ( (TME) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Tencent Music ( (TME) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tencent Music ( (TME) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Tencent Music stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Tencent Music in short term and the sell signal is strong.

Tencent Music Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Tencent Music in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Tencent Music is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.81 and Tencent Music (TME) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Tencent Music (TME) stock. Volume based technical analysis of Tencent Music (TME) stock is negative.

Tencent Music Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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