Tencent Music Entertainment Group

Tencent Music Entertainment Group (TME) Technical Analysis

$8.500

+0.050 (+0.59%)At close

Technical Sentiment

Overall Consensus

Buy
Sell
4
Buy
6

Technical Analysis Consensus

Buy
Sell
1
Buy
3

Moving Average Consensus

Neutral
Sell
3
Buy
3

Tencent Music Entertainment Group (TME) Moving Averages Convergence Divergence (MACD) indicator is 0.03, suggesting TME is Buy.

Tencent Music Entertainment Group (TME) 20-Day simple moving average is 8.15, while Tencent Music Entertainment Group (TME) share price is $—, making it Buy.

Tencent Music Entertainment Group (TME) 60-Day simple moving average is 8.55, while Tencent Music Entertainment Group (TME) share price is $—, making it Sell.

Technical Analysis for TME

AI Technical TME

As of 2026-10-10, the technical board for Tencent Music Entertainment Group (TME) reads buy: 6 indicators are flashing buy, 4 are indicating sell, and 3 are neutral. Price at $8.48 sits below the 60-day and 200-day moving averages and above the 5-day, 10-day and 20-day.

Momentum readings: RSI stands at 59.734, MACD stands at 0.0317 (Buy), Stochastic %K stands at 86.344 (Sell), Stochastic %D stands at 88.554 and CCI stands at 95.634.

TME trades below the 60-day SMA (8.55) and below the 200-day SMA (10.74). Immediate resistance sits at Classic R1 8.67, then R2 9.15. Support sits at Classic S1 7.68, then S2 7.17.

Tencent Music Entertainment Group (TME) Support & Resistance Level

NameS3S2S1Pivot PointsR1R2R3
Classic6.6887.1747.6788.1648.6689.1549.658
Fibonacci7.1747.5527.7868.1648.5428.7769.154
S3
S2
S1
Pivot Points
R1
R2
R3

Tencent Music Entertainment Group (TME) Technical Indicators

2026-10-10

NameValue
RSI_1459.734
STOCHk_14_3_386.344
STOCHd_14_3_388.554
CCI_2095.634
AO_5_340.285
MOM_100.745
MACD_12_26_90.032

Tencent Music Entertainment Group (TME) Relative Strength Index (RSI_14) is 59.734, creating a Neutral signal.

Tencent Music Entertainment Group (TME) Stochastic %K is 86.344, creating a Sell signal.

Tencent Music Entertainment Group (TME) Stochastic %D is 88.554, creating a Sell signal.

Tencent Music Entertainment Group (TME) CCI_20 is 95.634, creating a Neutral signal.

Tencent Music Entertainment Group (TME) Awesome Oscillator (AO) is 0.285, creating a Buy signal.

Tencent Music Entertainment Group (TME) Momentum (MOM) is 0.745, creating a Buy signal.

Tencent Music Entertainment Group (TME) Moving Average Convergence Divergence (MACD) is 0.032, creating a Buy signal.

Tencent Music Entertainment Group (TME) Moving Average

2026-10-10

PeriodSimpleSignal
MA_58.465Buy
MA_108.181Buy
MA_208.150Buy
MA_608.551Sell
MA_20010.744Sell
MA_25012.547Sell

Tencent Music Entertainment Group (TME) 5-Day simple moving average is 8.465, while Tencent Music Entertainment Group (TME) share price is $, making it a Buy.

Tencent Music Entertainment Group (TME) 10-Day simple moving average is 8.181, while Tencent Music Entertainment Group (TME) share price is $, making it a Buy.

Tencent Music Entertainment Group (TME) 20-Day simple moving average is 8.150, while Tencent Music Entertainment Group (TME) share price is $, making it a Buy.

Tencent Music Entertainment Group (TME) 60-Day simple moving average is 8.551, while Tencent Music Entertainment Group (TME) share price is $, making it a Sell.

Tencent Music Entertainment Group (TME) 200-Day simple moving average is 10.744, while Tencent Music Entertainment Group (TME) share price is $, making it a Sell.

Tencent Music Entertainment Group (TME) 250-Day simple moving average is 12.547, while Tencent Music Entertainment Group (TME) share price is $, making it a Sell.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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