Tencent Music Entertainment Group logo

Tencent Music Entertainment Group(TME)

$11.53â–²0.09%

Market is closed - opens 8 PM, 25 Nov 2024

Insights

  • Tencent Music Entertainment Group is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
  • Based on analysis of the Oscillators technical indicator, the current market trend for Tencent Music Entertainment Group stock suggests that it is range bound and no decision can be made based on this information
  • Based on analysis of the Moving Averages technical indicator, Tencent Music Entertainment Group stock is Range bound.
  • Based on analysis of the Pivot Points, the current market trend for Tencent Music Entertainment Group stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name

Value

Action

Relative Strength Index
51.14
Neutral
Stochastic
70.5, 63.0
Neutral
Ultimate Oscillator
58.1
Neutral
Stochastic Relative Strength Index
82.33, 76.65
Neutral
Moving Average Convergence Divergence
-0.12, -0.15
Neutral

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
11.2
Sell
20
11.35
Sell
50
11.58
Sell

Exponential Moving Average

Period (Days)

Value

Action

10
11.31
Sell
20
11.39
Sell
50
11.59
Sell

Volume Weighted Moving Average

Period (Days)

Value

Action

10
11.09
Neutral
20
11.25
Neutral
50
11.78
Neutral

Double Exponential Moving Average

Period (Days)

Value

Action

10
11.28
Buy
20
11.23
Buy
50
11.22
Buy

Triple Exponential Moving Average

Period (Days)

Value

Action

10
11.39
Buy
20
11.16
Sell
50
11.38
Buy

Pivot

Pivot

Value

Resistance L3
11.83
Resistance L2
11.67
Resistance L1
11.55
Pivot Point
11.39
Support L1
11.27
Support L2
11.11
Support L3
10.99

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.