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 USA 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 13.03 and 13.75
| Daily Target 1 | 12.87 |
| Daily Target 2 | 13.18 |
| Daily Target 3 | 13.593333333333 |
| Daily Target 4 | 13.9 |
| Daily Target 5 | 14.31 |
Daily price and volume Tencent Music
| Date | Closing | Open | Range | Volume | Fri 04 October 2024 | 13.48 (-0.22%) | 13.92 | 13.29 - 14.01 | 0.5235 times | Thu 03 October 2024 | 13.51 (-1.6%) | 12.93 | 12.90 - 13.71 | 0.8166 times | Wed 02 October 2024 | 13.73 (7.69%) | 13.78 | 13.35 - 14.05 | 1.0645 times | Tue 01 October 2024 | 12.75 (5.81%) | 12.15 | 12.07 - 12.80 | 0.5761 times | Mon 30 September 2024 | 12.05 (-1.87%) | 12.71 | 11.91 - 12.84 | 0.9702 times | Fri 27 September 2024 | 12.28 (0.08%) | 12.64 | 12.23 - 12.99 | 0.9668 times | Thu 26 September 2024 | 12.27 (8.78%) | 12.58 | 12.01 - 13.83 | 1.682 times | Wed 25 September 2024 | 11.28 (-4.81%) | 11.37 | 11.27 - 11.59 | 1.1687 times | Tue 24 September 2024 | 11.85 (16.4%) | 11.51 | 11.10 - 12.01 | 1.7567 times | Mon 23 September 2024 | 10.18 (3.25%) | 9.96 | 9.79 - 10.42 | 0.4749 times | Fri 20 September 2024 | 9.86 (-0.7%) | 10.00 | 9.80 - 10.06 | 0.6733 times |
Weekly price and charts TencentMusic
Strong weekly Stock price targets for TencentMusic TME are 12.7 and 14.84
| Weekly Target 1 | 11.01 |
| Weekly Target 2 | 12.24 |
| Weekly Target 3 | 13.146666666667 |
| Weekly Target 4 | 14.38 |
| Weekly Target 5 | 15.29 |
Weekly price and volumes for Tencent Music
| Date | Closing | Open | Range | Volume | Fri 04 October 2024 | 13.48 (9.77%) | 12.71 | 11.91 - 14.05 | 1.3947 times | Fri 27 September 2024 | 12.28 (24.54%) | 9.96 | 9.79 - 13.83 | 2.1354 times | Fri 20 September 2024 | 9.86 (3.68%) | 9.59 | 9.41 - 10.09 | 0.7922 times | Fri 13 September 2024 | 9.51 (-6.31%) | 10.13 | 9.43 - 10.31 | 0.9514 times | Mon 09 September 2024 | 10.15 (-0.29%) | 10.13 | 9.88 - 10.31 | 0.2031 times | Fri 06 September 2024 | 10.18 (-2.49%) | 10.28 | 10.13 - 10.54 | 0.4899 times | Fri 30 August 2024 | 10.44 (0%) | 10.68 | 10.31 - 10.72 | 0.1749 times | Fri 30 August 2024 | 10.44 (1.95%) | 10.15 | 10.07 - 11.03 | 0.9304 times | Fri 23 August 2024 | 10.24 (-2.75%) | 10.62 | 10.07 - 10.68 | 1.0392 times | Fri 16 August 2024 | 10.53 (-18.75%) | 12.90 | 10.48 - 13.27 | 1.8887 times | Fri 09 August 2024 | 12.96 (2.69%) | 11.67 | 11.67 - 13.83 | 0.6464 times |
Monthly price and charts TencentMusic
Strong monthly Stock price targets for TencentMusic TME are 12.78 and 14.76
| Monthly Target 1 | 11.22 |
| Monthly Target 2 | 12.35 |
| Monthly Target 3 | 13.2 |
| Monthly Target 4 | 14.33 |
| Monthly Target 5 | 15.18 |
Monthly price and volumes Tencent Music
| Date | Closing | Open | Range | Volume | Fri 04 October 2024 | 13.48 (11.87%) | 12.15 | 12.07 - 14.05 | 0.2913 times | Mon 30 September 2024 | 12.05 (15.42%) | 10.28 | 9.41 - 13.83 | 1.3605 times | Fri 30 August 2024 | 10.44 (-26.38%) | 14.20 | 10.07 - 14.20 | 1.4042 times | Wed 31 July 2024 | 14.18 (0.93%) | 14.17 | 13.81 - 15.53 | 0.9198 times | Fri 28 June 2024 | 14.05 (-2.77%) | 14.57 | 13.55 - 15.05 | 0.824 times | Fri 31 May 2024 | 14.45 (15.14%) | 12.52 | 12.36 - 15.77 | 0.9958 times | Tue 30 April 2024 | 12.55 (12.15%) | 11.26 | 10.94 - 12.93 | 0.8168 times | Thu 28 March 2024 | 11.19 (6.88%) | 10.54 | 9.15 - 11.80 | 1.1203 times | Thu 29 February 2024 | 10.47 (11.38%) | 9.43 | 9.00 - 10.70 | 0.9944 times | Wed 31 January 2024 | 9.40 (4.33%) | 8.82 | 8.19 - 9.58 | 1.2731 times | Fri 29 December 2023 | 9.01 (5.88%) | 8.33 | 7.93 - 9.20 | 0.896 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 above an important level of 12.22 on charts, and as long as price remains above this level, the uptrend of stock might continue.
Tomorrow's movement Prediction of Tencent Music TME made a big move recently. This generally happens when there is a positive sentiment change, or a block deal went through. There is a good chance that this trend might continue in coming days.
Munafa value: 65 as on Fri 04 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 12 and price is deviating by 2 points
Upper Bollinger band is at 15 and lower is at 8, while middle bands are at 10 and 13
Price is coming down
Price is above 20day SMA
Price is in upper range of bands
Price action analysis of TencentMusic (TME) based on a short 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 TencentMusic stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for TencentMusic in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
TencentMusic Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for TencentMusic in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of TencentMusic is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.31 and TencentMusic TME stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the TencentMusic TME stock. Volume based technical analysis of TencentMusic TME stock is negative.
TencentMusic Stock is giving positive 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 | 13.1 |
| 12 day DMA | 11.93 |
| 20 day DMA | 11.02 |
| 35 day DMA | 10.75 |
| 50 day DMA | 11.27 |
| 100 day DMA | 12.92 |
| 150 day DMA | 12.64 |
| 200 day DMA | 11.85 |
EMA (exponential moving average) of Tencent Music TME
| EMA period | EMA current | EMA prev | EMA prev2 |
| 5 day EMA | 13.11 | 12.93 | 12.64 |
| 12 day EMA | 12.22 | 11.99 | 11.71 |
| 20 day EMA | 11.7 | 11.51 | 11.3 |
| 35 day EMA | 11.6 | 11.49 | 11.37 |
| 50 day EMA | 11.73 | 11.66 | 11.58 |
SMA (simple moving average) of Tencent Music TME
| SMA period | SMA current | SMA prev | SMA prev2 |
| 5 day SMA | 13.1 | 12.86 | 12.62 |
| 12 day SMA | 11.93 | 11.6 | 11.26 |
| 20 day SMA | 11.02 | 10.85 | 10.69 |
| 35 day SMA | 10.75 | 10.67 | 10.58 |
| 50 day SMA | 11.27 | 11.28 | 11.29 |
| 100 day SMA | 12.92 | 12.94 | 12.96 |
| 150 day SMA | 12.64 | 12.62 | 12.59 |
| 200 day SMA | 11.85 | 11.83 | 11.81 |
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