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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 2025-03-20 View latest technical analysis

10 day averaged volume of Tencent Music is 12115090

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	14.28	14.56	14.57	14.11	0.711 times
19 Wed Mar 2025	14.71	15.00	15.32	14.57	1.11 times
18 Tue Mar 2025	15.09	14.19	15.33	13.70	3.017 times
17 Mon Mar 2025	13.06	12.40	13.20	12.39	1.052 times
14 Fri Mar 2025	12.55	12.56	12.80	12.45	0.602 times
13 Thu Mar 2025	12.40	12.00	12.43	11.91	0.454 times
12 Wed Mar 2025	12.23	12.00	12.35	12.00	0.764 times
11 Tue Mar 2025	12.21	12.43	12.83	12.07	1.339 times
10 Mon Mar 2025	12.87	13.00	13.02	12.56	0.567 times
07 Fri Mar 2025	13.32	13.30	13.57	13.08	0.433 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14, but if it comes below 14, then a intra day sell could be more profitable.
If you take a sell trade below 14, then use 14 as stoploss and 13.12 as target. However if you take a buy trade in stock , then use 14 as stoploss and 15 as target.

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
Downside Target	13.79
Downside Target	13.82
Downside Target	13.83
Upside Target	14.69
Upside Target	15.33

Intraday share price targets for Tencent Music (TME)

Target Type	Value
Downside Intraday Target	12.67
Downside Intraday Target	11.06
Upside Intraday Target	15.61
Upside Intraday Target	16.94
Downside Intraday Target	14

Weekly technical analysis of Tencent Music (TME)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	14.28	12.40	15.33	12.39	1.581 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Tencent Music (TME)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	14.28	12.20	15.33	11.91	0.871 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 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 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 Strong and stock is losing 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 SELL signal for Tencent Music in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 13.7 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.