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Tencent Music Entertainment Group Stock Price Chart
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Sell
40
TME
Tencent Music Entertainment Group
Last Price:
11.50
Seasonality Move:
42.15%
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NO CREDIT CARD REQUIRED!- 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 buying pressure.
Tencent Music Entertainment Group Price Chart Indicators
| Moving Averages | Level | Buy or Sell |
|---|---|---|
| 8-day SMA: | 11.44 | Buy |
| 20-day SMA: | 11.87 | Sell |
| 50-day SMA: | 11.3 | Buy |
| 200-day SMA: | 12.08 | Sell |
| 8-day EMA: | 11.48 | Buy |
| 20-day EMA: | 11.67 | Buy |
| 50-day EMA: | 11.77 | Sell |
| 200-day EMA: | 11.56 | Buy |
Tencent Music Entertainment Group Technical Analysis Indicators
| Chart Indicators | Level | Buy or Sell |
|---|---|---|
| MACD (12, 26): | -0.12 | Sell |
| Relative Strength Index (14 RSI): | 50.73 | Buy |
| Chaikin Money Flow: | 2173802 | - |
| Bollinger Bands | Level | Buy or Sell |
|---|---|---|
| Bollinger Bands (25): | (11.4 - 12.94) | Sell |
| Bollinger Bands (100): | (10.66 - 14.24) | Sell |
Tencent Music Entertainment Group Technical Analysis
| Oct 23 | Oct 24 | Oct 25 | Oct 28 | Oct 29 | Oct 30 | Oct 31 | Nov 1 | Nov 4 | Nov 5 | |
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| Oct | Nov | |||||||||
| 23 | 24 | 25 | 28 | 29 | 30 | 31 | 01 | 04 | 05 | |
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| MACD (12, 26): | ||||||||||
| Relative Strength Index (14 RSI): | ||||||||||
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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 11.73 while TME 8-day simple moving average is 11.44, which is a Buy signal.
- The stock price of TME is 11.73 while Tencent Music Entertainment Group 20-day SMA is 11.87, which makes it a Sell.
- Tencent Music Entertainment Group 50-day simple moving average is 11.30 while TME share price is 11.73, making it a Buy technically.
- TME stock price is 11.73 and Tencent Music Entertainment Group 200-day simple moving average is 12.08, 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 $11.73. 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:
19.82B
Price in USD:
11.73
Share Volume:
5.01M
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 11.73 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 11.73 while TME 8-day exponential moving average is 11.48, which is a Buy signal.
- The stock price of TME is 11.73 while Tencent Music Entertainment Group 20-day EMA is 11.67, which makes it a Buy.
- Tencent Music Entertainment Group 50-day exponential moving average is 11.77 while TME share price is 11.73, making it a Sell technically.
- TME stock price is 11.73 and Tencent Music Entertainment Group 200-day simple moving average is 11.56, creating a Buy signal.
Fundamental Analysis of Tencent Music Entertainment Group
Is Tencent Music Entertainment Group a good investment?
- Analysts estimate an earnings increase this quarter of $0.05 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 -0.12, suggesting Tencent Music Entertainment Group is a Sell
- Tencent Music Entertainment Group Relative Strength Index (RSI) is 50.73, which suggest Tencent Music Entertainment Group is overbought
- The Bollinger Bands (25) for Tencent Music Entertainment Group is (11.4 - 12.94), which suggest Tencent Music Entertainment Group is a Sell
- The Bollinger Bands (100) for Tencent Music Entertainment Group is (10.66 - 14.24), 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.