(TME) Tencent Music complete technical analysis [charts+indicators] | Buy/Sell Tencent Music | (TME) share price targets
Complete technical analysis of Tencent Music (TME) by charts plus indicators, forecast predictions and share price targets for Tencent Music (TME)
Tencent Music trades in USA in Consumer Services sector.
Showing technical analysis as on 2025-05-29 View latest technical analysis
10 day averaged volume of Tencent Music is 8435229
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu May 2025 | 17.49 | 17.87 | 17.92 | 17.35 | 0.667 times |
| 28 Wed May 2025 | 17.87 | 17.91 | 18.06 | 17.68 | 0.571 times |
| 27 Tue May 2025 | 17.91 | 17.63 | 18.06 | 17.63 | 1.168 times |
| 23 Fri May 2025 | 17.52 | 16.84 | 17.55 | 16.82 | 1.017 times |
| 22 Thu May 2025 | 16.93 | 17.00 | 17.15 | 16.82 | 0.453 times |
| 21 Wed May 2025 | 16.99 | 16.98 | 17.30 | 16.82 | 0.631 times |
| 20 Tue May 2025 | 17.01 | 16.88 | 17.10 | 16.73 | 0.84 times |
| 19 Mon May 2025 | 16.74 | 16.36 | 16.77 | 16.21 | 0.523 times |
| 16 Fri May 2025 | 16.62 | 16.63 | 16.88 | 16.61 | 0.753 times |
| 15 Thu May 2025 | 16.36 | 16.63 | 16.68 | 15.97 | 1.442 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.3, but if it comes below 17.3, then a intra day sell could be more profitable.
If you take a sell trade below 17.3, then use 17.3 as stoploss and 15.81 as target. However if you take a buy trade in stock , then use 17.3 as stoploss and 19.1 as target.
Share price targets for Tencent Music (TME)
| Target Type | Value |
| Downside Target | 10.26 |
| Downside Target | 11.61 |
| Downside Target | 12.41 |
| Downside Target | 13.25 |
| Downside Target | 13.95 |
| Downside Target | 14.38 |
| Downside Target | 15.33 |
| Downside Target | 16.21 |
| Downside Target | 17.05 |
| Downside Target | 17.35 |
| Upside Target | 17.55 |
| Upside Target | 18.06 |
Intraday share price targets for Tencent Music (TME)
| Target Type | Value |
| Downside Intraday Target | 17.21 |
| Downside Intraday Target | 16.92 |
| Upside Intraday Target | 17.92 |
| Upside Intraday Target | 18.34 |
| Upside Intraday Target | 17.63 |
Weekly technical analysis of Tencent Music (TME)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu May 2025 | 17.49 | 17.63 | 18.06 | 17.35 | 0.695 times |
| 23 Fri May 2025 | 17.52 | 16.36 | 17.55 | 16.21 | 0.477 times |
| 16 Fri May 2025 | 16.62 | 14.41 | 17.05 | 13.30 | 2.403 times |
| 09 Fri May 2025 | 14.08 | 14.14 | 14.70 | 13.95 | 1.541 times |
| 02 Fri May 2025 | 14.31 | 13.42 | 14.38 | 13.25 | 1.158 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Tencent Music (TME)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu May 2025 | 17.49 | 13.40 | 18.06 | 13.30 | 1.047 times |
| 30 Wed Apr 2025 | 13.42 | 14.44 | 14.58 | 11.71 | 0.783 times |
| 31 Mon Mar 2025 | 14.41 | 12.20 | 15.33 | 11.91 | 1.009 times |
| 28 Fri Feb 2025 | 12.19 | 11.79 | 14.69 | 11.61 | 1.161 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Tencent Music (TME)
Price action analysis of Tencent Music ( (TME) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Tencent Music ( (TME) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Tencent Music ( (TME) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Tencent Music ( (TME) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Tencent Music stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Tencent Music in short term and the buy signal is strong.
Tencent Music Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Tencent Music in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Tencent Music is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.13 and Tencent Music (TME) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Tencent Music (TME) stock. Volume based technical analysis of Tencent Music (TME) stock is negative.
Tencent Music Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Tencent Music ( (TME) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Tencent Music ( (TME) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Tencent Music ( (TME) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Tencent Music ( (TME) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Tencent Music stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Tencent Music in short term and the buy signal is strong.
Tencent Music Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Tencent Music in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Tencent Music is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.13 and Tencent Music (TME) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Tencent Music (TME) stock. Volume based technical analysis of Tencent Music (TME) stock is negative.
Tencent Music Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.