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Tencent Music Entertainment Group Stock Price Chart
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Sell
40
TME
Tencent Music Entertainment Group
Last Price:
11.39
Seasonality Move:
35.09%
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Don't Miss Our LIVE Trade- 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: | 11.43 | Sell |
| 20-day SMA: | 11.73 | Sell |
| 50-day SMA: | 11.36 | Buy |
| 200-day SMA: | 12.13 | Sell |
| 8-day EMA: | 11.53 | Sell |
| 20-day EMA: | 11.65 | Sell |
| 50-day EMA: | 11.75 | Sell |
| 200-day EMA: | 11.56 | Sell |
Tencent Music Entertainment Group Technical Analysis Indicators
| Chart Indicators | Level | Buy or Sell |
|---|---|---|
| MACD (12, 26): | -0.09 | Sell |
| Relative Strength Index (14 RSI): | 45.76 | Sell |
| Chaikin Money Flow: | -512716 | - |
| Bollinger Bands | Level | Buy or Sell |
|---|---|---|
| Bollinger Bands (25): | (11.33 - 12.59) | Sell |
| Bollinger Bands (100): | (10.61 - 14.11) | Sell |
Tencent Music Entertainment Group Technical Analysis
| Oct 28 | Oct 29 | Oct 30 | Oct 31 | Nov 1 | Nov 4 | Nov 5 | Nov 6 | Nov 7 | Nov 8 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Oct | Nov | |||||||||
| 28 | 29 | 30 | 31 | 01 | 04 | 05 | 06 | 07 | 08 | |
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| 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?
- Tencent Music Entertainment Group share price is 11.39 while TME 8-day simple moving average is 11.43, which is a Sell signal.
- The stock price of TME is 11.39 while Tencent Music Entertainment Group 20-day SMA is 11.73, which makes it a Sell.
- Tencent Music Entertainment Group 50-day simple moving average is 11.36 while TME share price is 11.39, making it a Buy technically.
- TME stock price is 11.39 and Tencent Music Entertainment Group 200-day simple moving average is 12.13, creating a Sell signal.
TME Technical Analysis vs Fundamental Analysis
Sell
40
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 Sell
The current Tencent Music Entertainment Group [TME] share price is $11.39. The Score for TME is 40, which is 20% below its historic median score of 50, and infers higher risk than normal.
Tencent Music Entertainment Group Stock Info
Market Cap:
19.24B
Price in USD:
11.39
Share Volume:
8.1M
Tencent Music Entertainment Group 52-Week Range
52-Week High:
15.77
52-Week Low:
6.77
Sell
40
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 11.39 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 -
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 11.39 while TME 8-day exponential moving average is 11.53, which is a Sell signal.
- The stock price of TME is 11.39 while Tencent Music Entertainment Group 20-day EMA is 11.65, which makes it a Sell.
- Tencent Music Entertainment Group 50-day exponential moving average is 11.75 while TME share price is 11.39, making it a Sell technically.
- TME stock price is 11.39 and Tencent Music Entertainment Group 200-day simple moving average is 11.56, creating a Sell signal.
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 $0.15 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 -0.09, suggesting Tencent Music Entertainment Group is a Sell
- Tencent Music Entertainment Group Relative Strength Index (RSI) is 45.76, which suggest Tencent Music Entertainment Group is oversold
- The Bollinger Bands (25) for Tencent Music Entertainment Group is (11.33 - 12.59), which suggest Tencent Music Entertainment Group is a Sell
- The Bollinger Bands (100) for Tencent Music Entertainment Group is (10.61 - 14.11), which suggest Tencent Music Entertainment Group is a Sell
* 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.