Tencent Music Entertainment Group(TME)
$12.90▲0.16%
Market is closed - opens 7 PM, 30 Apr 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 a good time to sell or bad time to initiate a fresh position
- Based on analysis of the Moving Averages technical indicator, Tencent Music Entertainment Group stock is in a uptrend ↗️
- 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 | 72.33 | Sell |
Stochastic | 97.73, 97.08 | Neutral |
Ultimate Oscillator | 73.6 | Sell |
Stochastic Relative Strength Index | 100.0, 94.86 | Neutral |
Moving Average Convergence Divergence | 0.44, 0.33 | Buy |
Moving Averages
Simple Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 11.89 | Buy |
20 | 11.7 | Buy |
50 | 10.99 | Buy |
Exponential Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 12.13 | Buy |
20 | 11.77 | Buy |
50 | 11.06 | Buy |
Volume Weighted Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 11.89 | Buy |
20 | 11.74 | Buy |
50 | 10.93 | Buy |
Double Exponential Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 12.56 | Buy |
20 | 12.32 | Buy |
50 | 12.02 | Buy |
Triple Exponential Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 12.76 | Buy |
20 | 12.45 | Buy |
50 | 12.3 | Buy |
Pivot
Pivot | Value |
|---|---|
Resistance L3 | 13.3 |
Resistance L2 | 13.0 |
Resistance L1 | 12.84 |
Pivot Point | 12.54 |
Support L1 | 12.38 |
Support L2 | 12.08 |
Support L3 | 11.92 |
*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.