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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 2025-03-17 View latest technical analysis

10 day averaged volume of Tencent Music is 8061590

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	13.06	12.40	13.20	12.39	1.581 times
14 Fri Mar 2025	12.55	12.56	12.80	12.45	0.905 times
13 Thu Mar 2025	12.40	12.00	12.43	11.91	0.682 times
12 Wed Mar 2025	12.23	12.00	12.35	12.00	1.148 times
11 Tue Mar 2025	12.21	12.43	12.83	12.07	2.012 times
10 Mon Mar 2025	12.87	13.00	13.02	12.56	0.852 times
07 Fri Mar 2025	13.32	13.30	13.57	13.08	0.651 times
06 Thu Mar 2025	13.32	13.64	13.79	13.06	0.996 times
05 Wed Mar 2025	13.48	13.00	13.65	12.98	1.058 times
04 Tue Mar 2025	12.65	12.50	12.77	12.38	0.749 times

My analysis of stock is bullish for shortterm, and stock might move up till 13.4 or till 14.1. Use a stoploss of 12.9 and if this stock hits its stoploss, then it can fall down till 12.37

Share price targets for Tencent Music (TME)

Target Type	Value
Downside Target	10.11
Downside Target	11.27
Downside Target	11.61
Downside Target	11.91
Downside Target	13.02
Upside Target	13.20
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	12.57
Downside Intraday Target	12.07
Upside Intraday Target	13.38
Upside Intraday Target	13.69
Downside Intraday Target	12.88

Weekly technical analysis of Tencent Music (TME)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	13.06	12.40	13.20	12.39	0.282 times
14 Fri Mar 2025	12.55	13.00	13.02	11.91	1.272 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

Price has moved up 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
17 Mon Mar 2025	13.06	12.20	13.79	11.91	0.535 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 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 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 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 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 gaining momentum.

MACD generated a SELL signal for Tencent Music in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Tencent Music in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 12.76 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.