(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 5871953
Date | Daily Closing Price | Open | High | Low | Volume |
01 Fri Aug 2025 | 20.54 | 20.21 | 20.72 | 20.06 | 0.804 times |
31 Thu Jul 2025 | 20.99 | 21.23 | 21.28 | 20.73 | 1.221 times |
30 Wed Jul 2025 | 21.10 | 21.46 | 21.75 | 21.02 | 0.875 times |
29 Tue Jul 2025 | 21.75 | 21.88 | 22.18 | 21.73 | 0.838 times |
28 Mon Jul 2025 | 21.60 | 21.79 | 22.05 | 21.47 | 0.805 times |
25 Fri Jul 2025 | 21.30 | 21.03 | 21.50 | 20.86 | 0.859 times |
24 Thu Jul 2025 | 21.23 | 21.56 | 21.60 | 21.22 | 0.657 times |
23 Wed Jul 2025 | 21.57 | 21.23 | 21.79 | 21.17 | 0.906 times |
22 Tue Jul 2025 | 21.36 | 21.02 | 21.47 | 20.88 | 0.994 times |
21 Mon Jul 2025 | 21.29 | 21.29 | 21.54 | 20.90 | 1.19 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.4 as stoploss in an intra day buy trade for a target of 21.02. However, stock will show a bearish move below 20.4.
Share price targets for Tencent Music (TME)
Target Type | Value |
Downside Target | 11.71 |
Downside Target | 13.30 |
Downside Target | 14.58 |
Downside Target | 17.04 |
Downside Target | 18.06 |
Downside Target | 18.82 |
Downside Target | 19.57 |
Upside Target | 20.72 |
Upside Target | 20.85 |
Upside Target | 20.86 |
Upside Target | 21.79 |
Upside Target | 22.18 |
Upside Target | 22.50 |
Intraday share price targets for Tencent Music (TME)
Target Type | Value |
Downside Intraday Target | 19.67 |
Downside Intraday Target | 18.81 |
Upside Intraday Target | 21.79 |
Upside Intraday Target | 23.05 |
Upside Intraday Target | 20.93 |
Weekly technical analysis of Tencent Music (TME)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Fri Aug 2025 | 20.54 | 21.79 | 22.18 | 20.06 | 0.986 times |
25 Fri Jul 2025 | 21.30 | 21.29 | 21.79 | 20.86 | 0.729 times |
18 Fri Jul 2025 | 21.43 | 19.80 | 22.50 | 19.74 | 1.208 times |
11 Fri Jul 2025 | 19.79 | 19.83 | 20.85 | 19.57 | 1.729 times |
03 Thu Jul 2025 | 19.46 | 19.27 | 19.58 | 18.82 | 0.783 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 |
01 Fri Aug 2025 | 20.54 | 20.21 | 20.72 | 20.06 | 0.037 times |
31 Thu Jul 2025 | 20.99 | 19.42 | 22.50 | 18.82 | 1.009 times |
30 Mon Jun 2025 | 19.49 | 17.15 | 19.58 | 17.04 | 0.799 times |
30 Fri May 2025 | 16.84 | 13.40 | 18.06 | 13.30 | 1.149 times |
Scroll below to view daily charts
Price has moved down 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 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 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 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 SELL. 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.
Tencent Music Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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 21.27 and Tencent Music (TME) stock is trading below this level. This means that stock is falling with high volumes. 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.
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 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 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 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 SELL. 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.
Tencent Music Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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 21.27 and Tencent Music (TME) stock is trading below this level. This means that stock is falling with high volumes. 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.