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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 2025-02-25 View latest technical analysis

10 day averaged volume of Tencent Music is 10785370

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Feb 2025	12.71	13.16	13.24	12.58	0.851 times
24 Mon Feb 2025	12.98	13.83	13.83	12.88	1.423 times
21 Fri Feb 2025	14.38	13.38	14.69	13.37	2.296 times
20 Thu Feb 2025	12.83	13.33	13.60	12.57	0.839 times
19 Wed Feb 2025	13.10	13.56	13.57	13.02	0.956 times
18 Tue Feb 2025	13.61	13.47	13.63	13.31	0.596 times
14 Fri Feb 2025	13.61	13.50	13.65	13.14	1.235 times
13 Thu Feb 2025	12.76	12.54	12.97	12.50	0.724 times
12 Wed Feb 2025	12.66	12.40	12.91	12.22	0.592 times
11 Tue Feb 2025	12.44	12.22	12.67	11.98	0.706 times

My analysis of stock is bullish for shortterm, and stock might move up till 13.3 or till 14.1. Use a stoploss of 12.57 and if this stock hits its stoploss, then it can fall down till 11.87

Share price targets for Tencent Music (TME)

Target Type	Value
Downside Target	10.11
Downside Target	11.08
Downside Target	11.98
Downside Target	12.41
Downside Target	12.57
Downside Target	12.58
Upside Target	13.65
Upside Target	13.82
Upside Target	13.83
Upside Target	14.05
Upside Target	14.69

Intraday share price targets for Tencent Music (TME)

Target Type	Value
Downside Intraday Target	12.25
Downside Intraday Target	11.79
Upside Intraday Target	13.5
Upside Intraday Target	14.29
Upside Intraday Target	13.04

Weekly technical analysis of Tencent Music (TME)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Feb 2025	12.71	13.83	13.83	12.58	0.485 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
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

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
25 Tue Feb 2025	12.71	11.79	14.69	11.61	0.981 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tencent Music ( (TME) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Tencent Music in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

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 Tencent Music in short term and SELL 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 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 13.31 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 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.