TME Technical Analysis
Tencent Music Entertainment Group — Multi-timeframe technical indicators from FMP and Massive
Signal Summary
TME trades below both the 50-day SMA ($9.60) and the 200-day SMA ($11.20), indicating the longer-term structure remains bearish after the multi-month decline from levels above $13. RSI at 47.3 sits just below the neutral 50 line, reflecting slightly bearish momentum without extreme readings. The daily MACD shows a weak negative crossover with the MACD line below the signal line, suggesting sellers still have a slight edge. The weekly trend is bearish, confirming the stock is in a downtrend on the higher timeframe. The signal is derived from a rules-based composite of RSI, moving averages, and MACD — not investment advice.
Technical Data Panel
Support & Resistance
- $8.40–$8.60
- $7.90–$8.10
- $7.20–$7.50
- $9.50–$9.80
- $10.20–$10.50
- $11.00–$11.40
Trend Direction
About the Data
This page displays technical indicators for TME sourced from Financial Modeling Prep (FMP) and Massive API, two independent market data providers. Where both sources agree on the trend direction, the cross-validation badge shows green. When they diverge, the badge turns red — a signal to approach the data with extra caution. All values are for informational purposes only and may be delayed. They do not constitute financial advice or trading recommendations. Always verify technical levels on a live chart before making a trading decision.
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