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Tencent Music Entertainment Group Stock Price Chart
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Sell
37
TME
Tencent Music Entertainment Group
Last Price:
$12.98
Seasonality Move:
1.73%
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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 slight selling pressure.
Tencent Music Entertainment Group Price Chart Indicators
| Moving Averages | Level | Buy or Sell |
|---|---|---|
| 8-day SMA: | 14.27 | Sell |
| 20-day SMA: | 13.82 | Sell |
| 50-day SMA: | 13 | Sell |
| 200-day SMA: | 12.34 | Buy |
| 8-day EMA: | 14.04 | Sell |
| 20-day EMA: | 13.85 | Sell |
| 50-day EMA: | 13.17 | Sell |
| 200-day EMA: | 12.14 | Buy |
Tencent Music Entertainment Group Technical Analysis Indicators
| Chart Indicators | Level | Buy or Sell |
|---|---|---|
| MACD (12, 26): | 0.33 | Buy |
| Relative Strength Index (14 RSI): | 42.59 | Sell |
| Chaikin Money Flow: | -4991387 | - |
| Bollinger Bands | Level | Buy or Sell |
|---|---|---|
| Bollinger Bands (25): | (12.69 - 14.55) | Sell |
| Bollinger Bands (100): | (11.08 - 13.38) | Buy |
Tencent Music Entertainment Group Technical Analysis
| Mar 24 | Mar 25 | Mar 26 | Mar 27 | Mar 28 | Mar 31 | Apr 1 | Apr 2 | Apr 3 | Apr 4 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Mar | Apr | |||||||||
| 24 | 25 | 26 | 27 | 28 | 31 | 01 | 02 | 03 | 04 | |
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| MACD (12, 26): | ||||||||||
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Technical Analysis for Tencent Music Entertainment Group Stock
Is Tencent Music Entertainment Group Stock a Buy?
-
Tencent Music Entertainment Group share price is 12.96 while TME 8-day simple moving average is 14.27, which is a Sell signal.
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The stock price of TME is 12.96 while Tencent Music Entertainment Group 20-day SMA is 13.82, which makes it a Sell.
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Tencent Music Entertainment Group 50-day simple moving average is 13.00 while TME share price is 12.96, making it a Sell technically.
-
TME stock price is 12.96 and Tencent Music Entertainment Group 200-day simple moving average is 12.34, creating a Buy signal.
TME Technical Analysis vs Fundamental Analysis
Sell
37
Tencent Music Entertainment Group (TME)
is a Sell
Is Tencent Music Entertainment Group a Buy or a Sell?
-
Tencent Music Entertainment Group stock is rated a SellThe current Tencent Music Entertainment Group [TME] share price is $12.96. The Score for TME is 37, which is 26% below its historic median score of 50, and infers higher risk than normal.
Tencent Music Entertainment Group Stock Info
Market Cap:
21.9B
Price in USD:
12.96
Share Volume:
11.2M
Tencent Music Entertainment Group 52-Week Range
52-Week High:
15.77
52-Week Low:
9.41
Sell
37
Tencent Music Entertainment Group (TME)
is a Sell
Tencent Music Entertainment Group Share Price Forecast
-
What is the Tencent Music Entertainment Group stock price today?The Tencent Music Entertainment Group stock price is 12.96 USD today.
-
Will TME stock go up or go down?Tencent Music Entertainment Group> share price is forecast to RISE/FALL based on technical indicators
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Is Tencent Music Entertainment Group overvalued?According to simple moving average, exponential moving average, oscillators, and other technical indicators, Tencent Music Entertainment Group is overvalued.
Is Tencent Music Entertainment Group Stock a Buy?
-
Tencent Music Entertainment Group share price is 12.96 while TME 8-day exponential moving average is 14.04, which is a Sell signal.
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The stock price of TME is 12.96 while Tencent Music Entertainment Group 20-day EMA is 13.85, which makes it a Sell.
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Tencent Music Entertainment Group 50-day exponential moving average is 13.17 while TME share price is 12.96, making it a Sell technically.
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TME stock price is 12.96 and Tencent Music Entertainment Group 200-day simple moving average is 12.14, creating a Buy signal.
Fundamental Analysis of Tencent Music Entertainment Group
Is Tencent Music Entertainment Group a good investment?
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Analysts estimate an earnings increase this quarter of $0.03 per share, an increase next quarter of $0.00 per share, an increase this year of $0.13 per share, and an increase next year of $0.12 per share.
Technical Analysis of Tencent Music Entertainment Group
Should I short Tencent Music Entertainment Group stock?
-
TME Moving Average Covergence Divergence (MACD) indicator is 0.33, suggesting Tencent Music Entertainment Group is a Buy
-
Tencent Music Entertainment Group Relative Strength Index (RSI) is 42.59, which suggest Tencent Music Entertainment Group is oversold
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The Bollinger Bands (25) for Tencent Music Entertainment Group is (12.69 - 14.55), which suggest Tencent Music Entertainment Group is a Buy
-
The Bollinger Bands (100) for Tencent Music Entertainment Group is (11.08 - 13.38), which suggest Tencent Music Entertainment Group is a Buy
* 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.