TME Technical Analysis
Tencent Music Entertainment Group — Static technical indicators across multiple timeframes
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 a static technical-indicator snapshot for TME. Values may be delayed and are retained for informational purposes only. 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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