TME Technical
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Technical Sentiment Analysis for Tencent Music Entertainment Group (TME) As of 2026-07-07, Tencent Music Entertainment Group (TME) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 3 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TME stands at 45.84, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.16, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 53.033 and the Commodity Channel Index (CCI) at -9.52 further confirm a 0.28 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TME is trading below its 60-day moving average of $9.097 and below its 200-day long-term moving average of $15.083. Key price levels to watch include the immediate resistance at $9.001 and strong support at $7.911. A break above $9.001 could signal a bull continuation, while falling below $7.911 may test the next Fibonacci floor at $7.38.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 6.821 | 7.38 | 7.911 | 8.47 | 9.001 | 9.56 | 10.091 |
| Fibonacci | 7.38 | 7.797 | 8.054 | 8.47 | 8.887 | 9.144 | 9.56 |
2026-07-07
| Name | Value |
|---|---|
| RSI_14 | 45.84 |
| STOCHk_14_3_3 | 53.033 |
| STOCHd_14_3_3 | 48.311 |
| CCI_20 | -9.52 |
| AO_5_34 | -0.264 |
| MOM_10 | 0.28 |
| MACD_12_26_9 | -0.16 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 8.606 | Buy |
| MA_10 | 8.441 | Buy |
| MA_20 | 8.707 | Sell |
| MA_60 | 9.097 | Sell |
| MA_200 | 15.083 | Sell |
| MA_250 | 16.742 | Sell |