(TME) Tencent Music Weekly charts technical analysis
(TME) Tencent Music Weekly charts technical analysis Weekly analysis of Tencent Music | Buy/Sell Tencent Music
Tencent Music trades in USA in Consumer Services sector.
10 day averaged volume of Tencent Music is 8666150
| Date | Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 11.53 | 11.10 | 11.73 | 10.90 | 30.227 Mn |
| 15 Fri Nov 2024 | 11.07 | 11.67 | 11.77 | 10.11 | 52.973 Mn |
| 08 Fri Nov 2024 | 11.39 | 11.26 | 12.11 | 11.17 | 30.305 Mn |
| 01 Fri Nov 2024 | 11.12 | 11.59 | 12.08 | 11.05 | 24.055 Mn |
| 25 Fri Oct 2024 | 11.49 | 11.86 | 12.00 | 11.24 | 24.138 Mn |
| 18 Fri Oct 2024 | 11.88 | 12.59 | 13.06 | 11.55 | 31.749 Mn |
| 11 Fri Oct 2024 | 12.78 | 13.57 | 13.75 | 11.99 | 49.018 Mn |
| 04 Fri Oct 2024 | 13.48 | 12.71 | 14.05 | 11.91 | 68.625 Mn |
| 27 Fri Sep 2024 | 12.28 | 9.96 | 13.83 | 9.79 | 105.074 Mn |
| 20 Fri Sep 2024 | 9.86 | 9.59 | 10.09 | 9.41 | 38.979 Mn |
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a SELL signal for Tencent Music in short term but the sell signal is initial and weak.
Tencent Music Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 11.93 and Tencent Music (TME) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.
Weekly charts
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a SELL signal for Tencent Music in short term but the sell signal is initial and weak.
Tencent Music Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 11.93 and Tencent Music (TME) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.