(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 6055530
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Apr 2025 | 12.75 | 12.16 | 13.53 | 12.04 | 1.947 times |
| 04 Fri Apr 2025 | 12.96 | 13.28 | 13.52 | 12.75 | 1.852 times |
| 03 Thu Apr 2025 | 14.32 | 14.11 | 14.37 | 14.03 | 0.963 times |
| 02 Wed Apr 2025 | 14.47 | 14.35 | 14.55 | 14.21 | 0.756 times |
| 01 Tue Apr 2025 | 14.46 | 14.44 | 14.58 | 14.28 | 1.039 times |
| 31 Mon Mar 2025 | 14.41 | 14.25 | 14.54 | 14.23 | 0.836 times |
| 28 Fri Mar 2025 | 14.38 | 14.55 | 14.62 | 14.25 | 0.748 times |
| 26 Wed Mar 2025 | 14.40 | 14.48 | 14.64 | 14.29 | 0.738 times |
| 24 Mon Mar 2025 | 14.18 | 14.09 | 14.29 | 14.01 | 0.752 times |
| 21 Fri Mar 2025 | 14.00 | 14.10 | 14.18 | 13.92 | 0.892 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 12.7 as stoploss in an intra day buy trade for a target of 13.65. However, stock will show a bearish move below 12.7.
Share price targets for Tencent Music (TME)
| Target Type | Value |
| Downside Target | 10.26 |
| Downside Target | 11.27 |
| Downside Target | 11.61 |
| Downside Target | 11.91 |
| Downside Target | 12.39 |
| Downside Target | 12.75 |
| Upside Target | 13.02 |
| Upside Target | 13.53 |
| Upside Target | 13.82 |
| Upside Target | 14.58 |
| Upside Target | 14.64 |
| Upside Target | 14.69 |
| Upside Target | 15.33 |
Intraday share price targets for Tencent Music (TME)
| Target Type | Value |
| Downside Intraday Target | 12.02 |
| Downside Intraday Target | 11.28 |
| Upside Intraday Target | 13.51 |
| Upside Intraday Target | 14.26 |
| Upside Intraday Target | 12.77 |
Weekly technical analysis of Tencent Music (TME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Apr 2025 | 12.75 | 12.16 | 13.53 | 12.04 | 0.357 times |
| 04 Fri Apr 2025 | 12.96 | 14.25 | 14.58 | 12.75 | 2.433 times |
| 28 Fri Mar 2025 | 14.38 | 14.09 | 14.64 | 14.01 | 0.177 times |
| 21 Fri Mar 2025 | 14.00 | 12.40 | 15.33 | 12.39 | 1.701 times |
| 14 Fri Mar 2025 | 12.55 | 13.00 | 13.02 | 11.91 | 1.272 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 |
| 07 Mon Apr 2025 | 12.75 | 14.44 | 14.58 | 12.04 | 0.226 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 |
| 31 Fri Jan 2025 | 11.98 | 11.26 | 12.41 | 10.26 | 1.507 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 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 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 neutral. A longer time frame might give a better analysis.
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 Strong 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 red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Tencent Music is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.79 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 negative.
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 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 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 neutral. A longer time frame might give a better analysis.
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 Strong 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 red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Tencent Music is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.79 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.