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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.

10 day averaged volume of Tencent Music is 8667598

Date Daily Closing Price Open High Low Volume
19 Mon May 2025 16.74 16.36 16.77 16.21 0.509 times
16 Fri May 2025 16.62 16.63 16.88 16.61 0.733 times
15 Thu May 2025 16.36 16.63 16.68 15.97 1.404 times
14 Wed May 2025 16.99 15.38 17.05 15.38 2.532 times
13 Tue May 2025 14.69 13.58 14.90 13.30 1.33 times
12 Mon May 2025 14.33 14.41 14.69 14.25 1.062 times
09 Fri May 2025 14.08 14.43 14.55 13.95 0.674 times
08 Thu May 2025 14.21 14.53 14.58 13.95 0.687 times
07 Wed May 2025 14.25 14.46 14.57 14.10 0.658 times
06 Tue May 2025 14.41 14.26 14.70 14.22 0.552 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 17.3, for a target of 15.7 or 14.3

Share price targets for Tencent Music (TME)

Target Type Value
Downside Target 10.26
Downside Target 11.61
Downside Target 12.41
Downside Target 13.25
Downside Target 13.95
Downside Target 14.38
Downside Target 14.69
Downside Target 14.70
Downside Target 15.33
Downside Target 16.21
Upside Target 16.77
Upside Target 17.05

Intraday share price targets for Tencent Music (TME)

Target Type Value
Downside Intraday Target 16.38
Downside Intraday Target 16.01
Upside Intraday Target 16.94
Upside Intraday Target 17.13
Downside Intraday Target 16.57

Weekly technical analysis of Tencent Music (TME)

Date Weekly Closing Price Open High Low Volume
19 Mon May 2025 16.74 16.36 16.77 16.21 0.072 times
16 Fri May 2025 16.62 14.41 17.05 13.30 2.403 times
09 Fri May 2025 14.08 14.14 14.70 13.95 1.541 times
02 Fri May 2025 14.31 13.42 14.38 13.25 1.158 times
25 Fri Apr 2025 13.36 12.34 13.53 11.84 3.547 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
19 Mon May 2025 16.74 13.40 17.05 13.30 0.72 times
30 Wed Apr 2025 13.42 14.44 14.58 11.71 0.783 times
31 Mon Mar 2025 14.41 12.20 15.33 11.91 1.009 times
28 Fri Feb 2025 12.19 11.79 14.69 11.61 1.161 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 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 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 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 15.58 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 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 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 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 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 15.58 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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