TencentMusic TME full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI
Tencent Music TME WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NYSE stock exchange
operates under Consumer Services sector & deals in Broadcasting
Daily price and charts and targets TencentMusic
Strong Daily Stock price targets for TencentMusic TME are 11.41 and 11.78
Daily Target 1 | 11.33 |
Daily Target 2 | 11.49 |
Daily Target 3 | 11.703333333333 |
Daily Target 4 | 11.86 |
Daily Target 5 | 12.07 |
Daily price and volume Tencent Music
Date | Closing | Open | Range | Volume | Thu 17 October 2024 | 11.64 (-4.04%) | 11.92 | 11.55 - 11.92 | 0.568 times | Wed 16 October 2024 | 12.13 (-0.98%) | 12.31 | 12.06 - 12.38 | 0.5332 times | Tue 15 October 2024 | 12.25 (-3.54%) | 12.35 | 12.01 - 12.38 | 1.0243 times | Mon 14 October 2024 | 12.70 (-0.63%) | 12.59 | 12.53 - 13.06 | 1.0781 times | Fri 11 October 2024 | 12.78 (2%) | 12.30 | 12.25 - 13.39 | 1.5921 times | Thu 10 October 2024 | 12.53 (1.38%) | 12.31 | 12.30 - 12.63 | 0.5738 times | Wed 09 October 2024 | 12.36 (-2.14%) | 11.99 | 11.99 - 12.42 | 1.1296 times | Tue 08 October 2024 | 12.63 (-5.32%) | 12.12 | 12.12 - 12.63 | 1.2421 times | Mon 07 October 2024 | 13.34 (-1.04%) | 13.57 | 13.07 - 13.75 | 1.1954 times | Fri 04 October 2024 | 13.48 (-0.22%) | 13.92 | 13.29 - 14.01 | 1.0634 times | Thu 03 October 2024 | 13.51 (-1.6%) | 12.93 | 12.90 - 13.71 | 1.6589 times |
Weekly price and charts TencentMusic
Strong weekly Stock price targets for TencentMusic TME are 10.84 and 12.35
Weekly Target 1 | 10.57 |
Weekly Target 2 | 11.11 |
Weekly Target 3 | 12.083333333333 |
Weekly Target 4 | 12.62 |
Weekly Target 5 | 13.59 |
Weekly price and volumes for Tencent Music
Date | Closing | Open | Range | Volume | Thu 17 October 2024 | 11.64 (-8.92%) | 12.59 | 11.55 - 13.06 | 0.6454 times | Fri 11 October 2024 | 12.78 (-5.19%) | 13.57 | 11.99 - 13.75 | 1.155 times | Fri 04 October 2024 | 13.48 (9.77%) | 12.71 | 11.91 - 14.05 | 1.617 times | Fri 27 September 2024 | 12.28 (24.54%) | 9.96 | 9.79 - 13.83 | 2.4759 times | Fri 20 September 2024 | 9.86 (3.68%) | 9.59 | 9.41 - 10.09 | 0.9185 times | Fri 13 September 2024 | 9.51 (-6.31%) | 10.13 | 9.43 - 10.31 | 1.1031 times | Mon 09 September 2024 | 10.15 (-0.29%) | 10.13 | 9.88 - 10.31 | 0.2355 times | Fri 06 September 2024 | 10.18 (-2.49%) | 10.28 | 10.13 - 10.54 | 0.568 times | Fri 30 August 2024 | 10.44 (0%) | 10.68 | 10.31 - 10.72 | 0.2028 times | Fri 30 August 2024 | 10.44 (1.95%) | 10.15 | 10.07 - 11.03 | 1.0787 times | Fri 23 August 2024 | 10.24 (-2.75%) | 10.62 | 10.07 - 10.68 | 1.2049 times |
Monthly price and charts TencentMusic
Strong monthly Stock price targets for TencentMusic TME are 10.35 and 12.85
Monthly Target 1 | 9.91 |
Monthly Target 2 | 10.78 |
Monthly Target 3 | 12.413333333333 |
Monthly Target 4 | 13.28 |
Monthly Target 5 | 14.91 |
Monthly price and volumes Tencent Music
Date | Closing | Open | Range | Volume | Thu 17 October 2024 | 11.64 (-3.4%) | 12.15 | 11.55 - 14.05 | 0.6914 times | Mon 30 September 2024 | 12.05 (15.42%) | 10.28 | 9.41 - 13.83 | 1.3044 times | Fri 30 August 2024 | 10.44 (-26.38%) | 14.20 | 10.07 - 14.20 | 1.3463 times | Wed 31 July 2024 | 14.18 (0.93%) | 14.17 | 13.81 - 15.53 | 0.8819 times | Fri 28 June 2024 | 14.05 (-2.77%) | 14.57 | 13.55 - 15.05 | 0.7901 times | Fri 31 May 2024 | 14.45 (15.14%) | 12.52 | 12.36 - 15.77 | 0.9547 times | Tue 30 April 2024 | 12.55 (12.15%) | 11.26 | 10.94 - 12.93 | 0.7831 times | Thu 28 March 2024 | 11.19 (6.88%) | 10.54 | 9.15 - 11.80 | 1.0741 times | Thu 29 February 2024 | 10.47 (11.38%) | 9.43 | 9.00 - 10.70 | 0.9534 times | Wed 31 January 2024 | 9.40 (4.33%) | 8.82 | 8.19 - 9.58 | 1.2206 times | Fri 29 December 2023 | 9.01 (5.88%) | 8.33 | 7.93 - 9.20 | 0.8591 times |
Indicator Analysis of TencentMusic
Tomorrow's movement Prediction of Tencent Music TME appears to be in uptrend. But this trend seems to be weakening.
Price is below an important level of 12.31 on charts, and if price remains below this level, then stock might show a fall in short term.
Tomorrow's movement Prediction of Tencent Music TME made a major fall in previous days. This happens when sentiment changes towards negative. This fall might deepen in coming days.
Tomorrow's movement Prediction of Tencent Music TME appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.
Munafa value: 30 as on Thu 17 October 2024
If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the Munafa value is near 50, then the stock might show a sideways movement.
SMA20 is at 13 and price is deviating by 1 points
Upper Bollinger band is at 15 and lower is at 11, while middle bands are at 12 and 14
Price is coming down
Price is below 20day SMA
Price is in upper range of bands
Price action analysis of TencentMusic (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.
ADX buy sell signal for TencentMusic stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for TencentMusic in short term but the sell signal is initial and weak.
TencentMusic 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 coming down
CCI has generated a SELL signal for TencentMusic in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of TencentMusic is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.68 and TencentMusic 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 TencentMusic TME stock. Volume based technical analysis of TencentMusic TME stock is negative.
TencentMusic 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.
DMA SMA EMA moving averages of Tencent Music TME
DMA (daily moving average) of Tencent Music TME
DMA period | DMA value |
5 day DMA | 12.3 |
12 day DMA | 12.76 |
20 day DMA | 12.28 |
35 day DMA | 11.28 |
50 day DMA | 11.12 |
100 day DMA | 12.7 |
150 day DMA | 12.75 |
200 day DMA | 12.01 |
EMA (exponential moving average) of Tencent Music TME
EMA period | EMA current | EMA prev | EMA prev2 |
5 day EMA | 12.16 | 12.42 | 12.56 |
12 day EMA | 12.31 | 12.43 | 12.49 |
20 day EMA | 12.1 | 12.15 | 12.15 |
35 day EMA | 11.87 | 11.88 | 11.87 |
50 day EMA | 11.4 | 11.39 | 11.36 |
SMA (simple moving average) of Tencent Music TME
SMA period | SMA current | SMA prev | SMA prev2 |
5 day SMA | 12.3 | 12.48 | 12.52 |
12 day SMA | 12.76 | 12.85 | 12.84 |
20 day SMA | 12.28 | 12.19 | 12.06 |
35 day SMA | 11.28 | 11.24 | 11.19 |
50 day SMA | 11.12 | 11.15 | 11.18 |
100 day SMA | 12.7 | 12.73 | 12.76 |
150 day SMA | 12.75 | 12.75 | 12.74 |
200 day SMA | 12.01 | 12 | 11.99 |
Terms of Use Stock Market News! © munafasutra.org2024 All Rights reserved.