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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 2025-03-24 View latest technical analysis

10 day averaged volume of Tencent Music is 12189500

Date Daily Closing Price Open High Low Volume
24 Mon Mar 2025 14.18 14.09 14.29 14.01 0.374 times
21 Fri Mar 2025 14.00 14.10 14.18 13.92 0.443 times
20 Thu Mar 2025 14.28 14.56 14.57 14.11 0.707 times
19 Wed Mar 2025 14.71 15.00 15.32 14.57 1.103 times
18 Tue Mar 2025 15.09 14.19 15.33 13.70 2.998 times
17 Mon Mar 2025 13.06 12.40 13.20 12.39 1.046 times
14 Fri Mar 2025 12.55 12.56 12.80 12.45 0.598 times
13 Thu Mar 2025 12.40 12.00 12.43 11.91 0.451 times
12 Wed Mar 2025 12.23 12.00 12.35 12.00 0.759 times
11 Tue Mar 2025 12.21 12.43 12.83 12.07 1.33 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 13.16 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
Downside Target 14.01
Upside Target 14.29
Upside Target 14.69
Upside Target 15.33

Intraday share price targets for Tencent Music (TME)

Target Type Value
Downside Intraday Target 14.03
Downside Intraday Target 13.88
Upside Intraday Target 14.31
Upside Intraday Target 14.44
Downside Intraday Target 14.16

Weekly technical analysis of Tencent Music (TME)

Date Weekly Closing Price Open High Low Volume
24 Mon Mar 2025 14.18 14.09 14.29 14.01 0.059 times
21 Fri Mar 2025 14.00 12.40 15.33 12.39 1.701 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

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
24 Mon Mar 2025 14.18 12.20 15.33 11.91 0.928 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 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 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 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 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 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 13.8 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 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 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 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 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 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 13.8 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.

Daily charts

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Daily chart
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