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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.

Showing technical analysis as on 2025-03-13 View latest technical analysis

10 day averaged volume of Tencent Music is 8762360

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Mar 2025	12.40	12.00	12.43	11.91	0.628 times
12 Wed Mar 2025	12.23	12.00	12.35	12.00	1.056 times
11 Tue Mar 2025	12.21	12.43	12.83	12.07	1.851 times
10 Mon Mar 2025	12.87	13.00	13.02	12.56	0.784 times
07 Fri Mar 2025	13.32	13.30	13.57	13.08	0.599 times
06 Thu Mar 2025	13.32	13.64	13.79	13.06	0.916 times
05 Wed Mar 2025	13.48	13.00	13.65	12.98	0.973 times
04 Tue Mar 2025	12.65	12.50	12.77	12.38	0.689 times
03 Mon Mar 2025	12.34	12.20	12.61	12.18	0.872 times
28 Fri Feb 2025	12.19	12.30	12.40	11.96	1.278 times

Share price targets for Tencent Music (TME)

Target Type	Value
Downside Target	10.11
Downside Target	11.27
Downside Target	11.61
Downside Target	11.91
Upside Target	13.02
Upside Target	13.65
Upside Target	13.79
Upside Target	13.82
Upside Target	13.83
Upside Target	14.69

Intraday share price targets for Tencent Music (TME)

Target Type	Value
Downside Intraday Target	11.87
Downside Intraday Target	11.33
Upside Intraday Target	12.98
Upside Intraday Target	13.55
Upside Intraday Target	12.44

Weekly technical analysis of Tencent Music (TME)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Mar 2025	12.40	13.00	13.02	11.91	1.066 times
07 Fri Mar 2025	13.32	12.20	13.79	12.18	0.689 times
28 Fri Feb 2025	12.19	13.83	13.83	11.96	1.019 times
21 Fri Feb 2025	14.38	13.47	14.69	12.57	1.205 times
14 Fri Feb 2025	13.61	12.88	13.65	11.98	1.377 times

Price has moved down 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
13 Thu Mar 2025	12.40	12.20	13.79	11.91	0.42 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
31 Tue Dec 2024	11.35	12.20	13.82	11.27	0.719 times

Scroll below to view daily charts

Price has moved up 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 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

Tencent Music Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 12.62 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 positive

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