Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-03-10 View latest technical analysis

10 day averaged volume of Tencent Music is 8699090

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Mar 2025	12.87	13.00	13.02	12.56	0.79 times
07 Fri Mar 2025	13.32	13.30	13.57	13.08	0.603 times
06 Thu Mar 2025	13.32	13.64	13.79	13.06	0.923 times
05 Wed Mar 2025	13.48	13.00	13.65	12.98	0.98 times
04 Tue Mar 2025	12.65	12.50	12.77	12.38	0.694 times
03 Mon Mar 2025	12.34	12.20	12.61	12.18	0.879 times
28 Fri Feb 2025	12.19	12.30	12.40	11.96	1.288 times
27 Thu Feb 2025	12.75	12.63	12.96	12.58	0.988 times
26 Wed Feb 2025	12.93	13.06	13.34	12.72	0.826 times
25 Tue Feb 2025	12.71	13.16	13.24	12.58	1.055 times

My analysis of stock is bearish for shortterm, and stock might move down till 12.5 or till 11.8. Use a stoploss of 12.97 and if the stock hits stoploss, then it can shoot up till 13.48

Share price targets for Tencent Music (TME)

Target Type	Value
Downside Target	10.11
Downside Target	11.27
Downside Target	11.61
Downside Target	11.96
Upside Target	13.02
Upside Target	13.65
Upside Target	13.79
Upside Target	13.82
Upside Target	13.83
Upside Target	14.69

Intraday share price targets for Tencent Music (TME)

Target Type	Value
Downside Intraday Target	12.61
Downside Intraday Target	12.36
Upside Intraday Target	13.07
Upside Intraday Target	13.28
Downside Intraday Target	12.82

Weekly technical analysis of Tencent Music (TME)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Mar 2025	12.87	13.00	13.02	12.56	0.194 times
07 Fri Mar 2025	13.32	12.20	13.79	12.18	0.689 times
28 Fri Feb 2025	12.19	13.83	13.83	11.96	1.019 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

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
10 Mon Mar 2025	12.87	12.20	13.79	12.18	0.243 times
28 Fri Feb 2025	12.19	11.79	14.69	11.61	1.161 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

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 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 neutral. A longer time frame might give a better analysis.

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 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. 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 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 12.82 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 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 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.