$8.560
-0.098 (-1.15%)At close
Technical Sentiment
Overall Consensus
Technical Analysis Consensus
Moving Average Consensus
Tencent Music Entertainment Group (TME) Moving Averages Convergence Divergence (MACD) indicator is -0.12, suggesting TME is Strong sell.
Tencent Music Entertainment Group (TME) 20-Day simple moving average is 9.01, while Tencent Music Entertainment Group (TME) share price is $—, making it Sell.
Tencent Music Entertainment Group (TME) 60-Day simple moving average is 8.93, while Tencent Music Entertainment Group (TME) share price is $—, making it Sell.
Technical Analysis for TME
AI Technical TMEAs of 2026-08-29, the technical board for Tencent Music Entertainment Group (TME) reads strong sell: 0 indicators are flashing buy, 9 are indicating sell, and 4 are neutral. Price at $8.56 sits below every tracked moving average (5-day, 10-day, 20-day, 60-day and 200-day).
Momentum readings: RSI stands at 41.232, MACD stands at -0.122 (Sell), Stochastic %K stands at 32.759, Stochastic %D stands at 31.263 and CCI stands at -67.392.
TME trades below the 60-day SMA (8.93) and below the 200-day SMA (12.43). Immediate resistance sits at Classic R1 9.10, then R2 9.43. Support sits at Classic S1 8.49, then S2 8.20.
Tencent Music Entertainment Group (TME) Support & Resistance Level
Tencent Music Entertainment Group (TME) Technical Indicators
2026-08-29
| Name | Value |
|---|---|
| RSI_14 | 41.232 |
| STOCHk_14_3_3 | 32.759 |
| STOCHd_14_3_3 | 31.263 |
| CCI_20 | -67.392 |
| AO_5_34 | -0.334 |
| MOM_10 | -0.280 |
| MACD_12_26_9 | -0.122 |
Tencent Music Entertainment Group (TME) Relative Strength Index (RSI_14) is 41.232, creating a Neutral signal.
Tencent Music Entertainment Group (TME) Stochastic %K is 32.759, creating a Neutral signal.
Tencent Music Entertainment Group (TME) Stochastic %D is 31.263, creating a Neutral signal.
Tencent Music Entertainment Group (TME) CCI_20 is -67.392, creating a Neutral signal.
Tencent Music Entertainment Group (TME) Awesome Oscillator (AO) is -0.334, creating a Sell signal.
Tencent Music Entertainment Group (TME) Momentum (MOM) is -0.280, creating a Sell signal.
Tencent Music Entertainment Group (TME) Moving Average Convergence Divergence (MACD) is -0.122, creating a Sell signal.
Tencent Music Entertainment Group (TME) Moving Average
2026-08-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 8.684 | Sell |
| MA_10 | 8.775 | Sell |
| MA_20 | 9.007 | Sell |
| MA_60 | 8.934 | Sell |
| MA_200 | 12.426 | Sell |
| MA_250 | 14.648 | Sell |
Tencent Music Entertainment Group (TME) 5-Day simple moving average is 8.684, while Tencent Music Entertainment Group (TME) share price is $, making it a Sell.
Tencent Music Entertainment Group (TME) 10-Day simple moving average is 8.775, while Tencent Music Entertainment Group (TME) share price is $, making it a Sell.
Tencent Music Entertainment Group (TME) 20-Day simple moving average is 9.007, while Tencent Music Entertainment Group (TME) share price is $, making it a Sell.
Tencent Music Entertainment Group (TME) 60-Day simple moving average is 8.934, while Tencent Music Entertainment Group (TME) share price is $, making it a Sell.
Tencent Music Entertainment Group (TME) 200-Day simple moving average is 12.426, while Tencent Music Entertainment Group (TME) share price is $, making it a Sell.
Tencent Music Entertainment Group (TME) 250-Day simple moving average is 14.648, 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.