TME Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Tencent Music Entertainment Group (TME.N) Moving Averages Convergence Divergence (MACD) indicator is -0.398, suggesting TME.N is Strong sell.

Tencent Music Entertainment Group (TME.N) 20-Day simple moving average is 16.728, while Tencent Music Entertainment Group (TME.N) share price is $16.34, making it Sell.

Tencent Music Entertainment Group (TME.N) 60-Day simple moving average is 17.698, while Tencent Music Entertainment Group (TME.N) share price is $16.34, making it Sell.

Technical Analysis for TME

Technical Sentiment Analysis for Tencent Music Entertainment Group (TME) As of 2026-02-06, Tencent Music Entertainment Group (TME) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 2 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 42.027, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.398, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 20.307 and the Commodity Channel Index (CCI) at -74.559 further confirm a -0.46 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TME is trading below its 60-day moving average of $17.698 and below its 200-day long-term moving average of $19.927. Key price levels to watch include the immediate resistance at $17.722 and strong support at $15.547. A break above $17.722 could signal a bull continuation, while falling below $15.547 may test the next Fibonacci floor at $14.484.

Tencent Music Entertainment Group (TME) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	13.372	14.484	15.547	16.659	17.722	18.834	19.897
Fibonacci	14.484	15.315	15.828	16.659	17.49	18.003	18.834

Tencent Music Entertainment Group (TME) Technical Indicators

2026-02-06

Name	Value
RSI_14	42.027
STOCHk_14_3_3	20.307
STOCHd_14_3_3	21.686
CCI_20	-74.559
AO_5_34	-0.985
MOM_10	-0.46
MACD_12_26_9	-0.398

Tencent Music Entertainment Group (TME) Relative Strength Index (RSI) is 42.027, creating a Neutral signal.

Tencent Music Entertainment Group (TME) Stochastic Oscillator is 20.307, creating a Neutral signal.

Tencent Music Entertainment Group (TME) Stochastic RSI is 21.686, creating a Neutral signal.

Tencent Music Entertainment Group (TME) Commodity Channel Index (CCI) is -74.559, creating a Neutral signal.

Tencent Music Entertainment Group (TME) Awesome Oscillator is -0.985, creating a Sell signal.

Tencent Music Entertainment Group (TME) Momentum is -0.46, creating a Sell signal.

Tencent Music Entertainment Group (TME) MACD is -0.398, creating a Sell signal.

Tencent Music Entertainment Group (TME) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	16.212	Buy
MA_10	16.611	Sell
MA_20	16.728	Sell
MA_60	17.698	Sell
MA_200	19.927	Sell
MA_250	18.578	Sell

Tencent Music Entertainment Group (TME) 5-Day simple moving average is 16.212, while Tencent Music Entertainment Group (TME) share price is $16.34, making it a Buy.

Tencent Music Entertainment Group (TME) 10-Day simple moving average is 16.611, while Tencent Music Entertainment Group (TME) share price is $16.34, making it a Sell.

Tencent Music Entertainment Group (TME) 20-Day simple moving average is 16.728, while Tencent Music Entertainment Group (TME) share price is $16.34, making it a Sell.

Tencent Music Entertainment Group (TME) 60-Day simple moving average is 17.698, while Tencent Music Entertainment Group (TME) share price is $16.34, making it a Sell.

Tencent Music Entertainment Group (TME) 200-Day simple moving average is 19.927, while Tencent Music Entertainment Group (TME) share price is $16.34, making it a Sell.

Tencent Music Entertainment Group (TME) 250-Day simple moving average is 18.578, while Tencent Music Entertainment Group (TME) share price is $16.34, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for TME?

The overall technical consensus for Tencent Music Entertainment Group (TME) is currently strong sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 1 buy signals and 3 sell signals.

What are the key support and resistance levels for Tencent Music Entertainment Group (TME) today?

Based on pivot point calculations, Tencent Music Entertainment Group (TME) has an immediate support level at 15.547 and a major resistance level at 17.722. Traders also monitor the pivot point at 16.659 to determine the intraday trend direction.

Is Tencent Music Entertainment Group (TME) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Tencent Music Entertainment Group (TME) is currently 42.027. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Tencent Music Entertainment Group (TME)?

Tencent Music Entertainment Group (TME) Moving Averages Convergence Divergence (MACD) indicator is -0.398, suggesting TME is strong sell. This indicator helps identify potential trend reversals or momentum shifts for Tencent Music Entertainment Group.

How is Tencent Music Entertainment Group (TME) performing relative to its 200-day moving average?

Tencent Music Entertainment Group (TME)is currently trading at $16.34, which is below its 200-day simple moving average of 19.927. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.