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Tencent Music Entertainment Group Stock Price Chart

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and TME is experiencing selling pressure, which indicates risk of future bearish movement.

Tencent Music Entertainment Group Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 11.28 Sell
20-day SMA: 11.32 Sell
50-day SMA: 11.61 Sell
200-day SMA: 12.23 Sell
8-day EMA: 11.32 Sell
20-day EMA: 11.39 Sell
50-day EMA: 11.57 Sell
200-day EMA: 11.52 Sell

Tencent Music Entertainment Group Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): -0.1 Sell
Relative Strength Index (14 RSI): 46.33 Sell
Chaikin Money Flow: -8089439 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (11.08 - 11.68) Sell
Bollinger Bands (100): (10.38 - 13.66) Sell

Tencent Music Entertainment Group Technical Analysis

Technical Analysis: Buy or Sell?
8-day SMA:
20-day SMA:
50-day SMA:
200-day SMA:
8-day EMA:
20-day EMA:
50-day EMA:
200-day EMA:
MACD (12, 26):
Relative Strength Index (14 RSI):
Bollinger Bands (25):
Bollinger Bands (100):

Technical Analysis for Tencent Music Entertainment Group Stock

Is Tencent Music Entertainment Group Stock a Buy?

TME Technical Analysis vs Fundamental Analysis

Sell
42
Tencent Music Entertainment Group (TME) is a Sell

Is Tencent Music Entertainment Group a Buy or a Sell?

Tencent Music Entertainment Group Stock Info

Market Cap:
18.91B
Price in USD:
11.19
Share Volume:
9.08M

Tencent Music Entertainment Group 52-Week Range

52-Week High:
15.77
52-Week Low:
7.93
Sell
42
Tencent Music Entertainment Group (TME) is a Sell

Tencent Music Entertainment Group Share Price Forecast

Is Tencent Music Entertainment Group Stock a Buy?

Fundamental Analysis of Tencent Music Entertainment Group

Is Tencent Music Entertainment Group a good investment?

  • Analysts estimate an earnings increase this quarter of $0.04 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.14 per share, and an increase next year of $0.11 per share.

Technical Analysis of Tencent Music Entertainment Group

Should I short Tencent Music Entertainment Group stock?

* Tencent Music Entertainment Group stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.