Technical Analysis for TME - Tencent Music Entertainment Group

Grade Last Price % Change Price Change
grade B 17.12 0.82% 0.14
TME closed up 0.82 percent on Monday, March 25, 2019, on 65 percent of normal volume.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong N/A Up Down
See historical TME trend table...

Date Alert Name Type % Chg
Mar 25 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Mar 25 Calm After Storm Range Contraction 0.00%
Mar 25 Lower Bollinger Band Touch Weakness 0.00%
Mar 22 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.82%
Mar 22 Calm After Storm Range Contraction 0.82%
Mar 22 Stochastic Reached Oversold Weakness 0.82%
Mar 22 Inside Day Range Contraction 0.82%
Mar 22 Lower Bollinger Band Touch Weakness 0.82%
Mar 22 Oversold Stochastic Weakness 0.82%
Mar 21 Bullish Engulfing Bullish -2.00%

Older signals for TME ...

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Profile
Tencent Music Entertainment Group operates an online music entertainment platform that provides online music and music-centric social entertainment services in China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Live and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. In addition, it sells music-related merchandise, including Kugou M1 headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is based in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
World Wide Web Websites Tencent Music Services
Is TME a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 19.97
52 Week Low 11.81
Average Volume 6,424,347
200-Day Moving Average 0.0
50-Day Moving Average 16.2826
20-Day Moving Average 17.937
10-Day Moving Average 17.805
Average True Range 0.9751
ADX 26.03
+DI 22.97
-DI 22.0697
Chandelier Exit (Long, 3 ATRs ) 17.0447
Chandelier Exit (Short, 3 ATRs ) 19.2553
Upper Bollinger Band 19.1323
Lower Bollinger Band 16.7417
Percent B (%b) 0.16
BandWidth 13.327758
MACD Line 0.2637
MACD Signal Line 0.5224
MACD Histogram -0.2588
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.23
Resistance 3 (R3) 18.13 17.66 18.05
Resistance 2 (R2) 17.66 17.38 17.71 17.98
Resistance 1 (R1) 17.39 17.20 17.53 17.49 17.92
Pivot Point 16.92 16.92 16.99 16.97 16.92
Support 1 (S1) 16.65 16.64 16.79 16.75 16.32
Support 2 (S2) 16.18 16.46 16.23 16.26
Support 3 (S3) 15.91 16.18 16.20
Support 4 (S4) 16.01