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Tencent Music Entertainment Group Stock Price Chart

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and TME is experiencing buying pressure, which is a positive indicator for future bullish movement.

Tencent Music Entertainment Group Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 12.05 Buy
20-day SMA: 11.7 Buy
50-day SMA: 10.99 Buy
200-day SMA: 8.45 Buy
8-day EMA: 12.23 Buy
20-day EMA: 11.77 Buy
50-day EMA: 11.04 Buy
200-day EMA: 9.12 Buy

Tencent Music Entertainment Group Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): 0.44 Buy
Relative Strength Index (14 RSI): 72.32 Buy
Chaikin Money Flow: 3481226 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (11.06 - 12.1) Buy
Bollinger Bands (100): (8.75 - 11.17) Buy

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

Buy
70
Tencent Music Entertainment Group (TME) is a Buy

Is Tencent Music Entertainment Group a Buy or a Sell?

Tencent Music Entertainment Group Stock Info

Market Cap:
22.1B
Price in USD:
12.88
Share Volume:
5.99M

Tencent Music Entertainment Group 52-Week Range

52-Week High:
12.93
52-Week Low:
5.70
Buy
70
Tencent Music Entertainment Group (TME) is a Buy

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, an increase next quarter of $0.02 per share, an increase this year of $0.10 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.