(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 2025-02-18 View latest technical analysis
10 day averaged volume of Tencent Music is 7240000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Feb 2025 | 13.61 | 13.47 | 13.63 | 13.31 | 0.888 times |
| 14 Fri Feb 2025 | 13.61 | 13.50 | 13.65 | 13.14 | 1.84 times |
| 13 Thu Feb 2025 | 12.76 | 12.54 | 12.97 | 12.50 | 1.079 times |
| 12 Wed Feb 2025 | 12.66 | 12.40 | 12.91 | 12.22 | 0.883 times |
| 11 Tue Feb 2025 | 12.44 | 12.22 | 12.67 | 11.98 | 1.051 times |
| 10 Mon Feb 2025 | 12.47 | 12.88 | 12.98 | 12.39 | 0.941 times |
| 07 Fri Feb 2025 | 12.54 | 12.29 | 12.55 | 12.22 | 0.816 times |
| 06 Thu Feb 2025 | 12.07 | 12.00 | 12.16 | 11.93 | 0.676 times |
| 05 Wed Feb 2025 | 11.75 | 11.85 | 11.89 | 11.61 | 0.817 times |
| 04 Tue Feb 2025 | 12.01 | 11.98 | 12.34 | 11.92 | 1.314 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 13.6, for a target of 12.8 or 12.1
Share price targets for Tencent Music (TME)
| Target Type | Value |
| Downside Target | 10.11 |
| Downside Target | 10.91 |
| Downside Target | 11.98 |
| Downside Target | 12.41 |
| Downside Target | 12.55 |
| Downside Target | 13.31 |
| Upside Target | 13.63 |
| Upside Target | 13.65 |
| Upside Target | 13.82 |
| Upside Target | 14.05 |
Intraday share price targets for Tencent Music (TME)
| Target Type | Value |
| Downside Intraday Target | 13.4 |
| Downside Intraday Target | 13.2 |
| Upside Intraday Target | 13.72 |
| Upside Intraday Target | 13.84 |
| Downside Intraday Target | 13.52 |
Weekly technical analysis of Tencent Music (TME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Feb 2025 | 13.61 | 13.47 | 13.63 | 13.31 | 0.153 times |
| 14 Fri Feb 2025 | 13.61 | 12.88 | 13.65 | 11.98 | 1.377 times |
| 07 Fri Feb 2025 | 12.54 | 11.79 | 12.55 | 11.61 | 0.974 times |
| 31 Fri Jan 2025 | 11.98 | 11.77 | 12.41 | 11.40 | 1.372 times |
| 24 Fri Jan 2025 | 11.59 | 11.07 | 11.64 | 10.91 | 2.971 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 |
| 18 Tue Feb 2025 | 13.61 | 11.79 | 13.65 | 11.61 | 0.524 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 |
| 26 Tue Nov 2024 | 11.07 | 11.25 | 12.11 | 10.11 | 0.785 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Tencent Music ( (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.
Price action analysis of Tencent Music ( (TME) ) based on a short to mid 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.
Price action analysis of Tencent Music ( (TME) ) based on a mid to longer 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.
ADX buy sell signal for Tencent Music stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Tencent Music 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.
Tencent Music 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 Tencent Music in short term and BUY 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 Tencent Music 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 Tencent Music (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 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 positive
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 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.
Price action analysis of Tencent Music ( (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.
Price action analysis of Tencent Music ( (TME) ) based on a short to mid 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.
Price action analysis of Tencent Music ( (TME) ) based on a mid to longer 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.
ADX buy sell signal for Tencent Music stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Tencent Music 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.
Tencent Music 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 Tencent Music in short term and BUY 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 Tencent Music 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 Tencent Music (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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.