TME (Tencent Music) Technical Analysis

TME Technical Analysis leverages historical price and volume data to provide real-time indicator values and signals, including RSI, MACD, Bollinger Bands, and volume, to reflect market momentum, volatility ranges, and price-volume dynamics. It also integrates market sentiment metrics such as the VIX volatility index, Advance-Decline ratio (A/D ratio), and Put/Call options ratio for broader market context. Multi-timeframe views span from minute intervals to daily, weekly, and monthly charts, making it easy to track indicator behavior across periods. Key support and resistance levels are displayed alongside current prices, calculated via pivots, Fibonacci retracements, and historical extremes to offer an immediate overview of market structure.
TME
TME

Tencent Music

$8.50+1.79%
Today's High$8.54
Today's Low$8.34
Today's Open$8.35
Yesterday's Close$8.35

TME (Tencent Music) Technical Analysis Overview

AI CreationAs of June 30, 2026, Tencent Music (TME) is showing bearish downward movement. The MACD Level at -0.256 confirms a death cross with persistent sell pressure, while the RSI(14) reading of 37.8568 signals neutral-to-weak conditions hovering near oversold territory with residual bearish momentum. The EMA20 at 8.6977 and SMA20 at 8.826 both trade above the current price of 8.39, reinforcing near-term weakness. The moving average system exhibits consistent bearish alignment, with all major moving averages—EMA10, EMA20, EMA50, SMA20, and SMA200—generating sell signals, confirming a structured downtrend with limited near-term support.

Oscillators

Strong Sell
Strong Buy
Neutral
1
Sell
9
Neutral
1
Buy

Summary

Strong Sell
Strong Buy
Sell
12
Sell
10
Neutral
4
Buy

Moving Averages

Strong Sell
Strong Buy
Strong Sell
11
Sell
1
Neutral
3
Buy

TME (Tencent Music) Live Candlestick Chart

TME (Tencent Music) Multi-Timeframe Technical Rating

Summary1H4H1D1W
Moving Averages (15)9568311014
Oscillators (11)NeutralNeutralNeutralNeutral
RSI (14)62.447.142.526.9
MACD (12,26)Golden CrossDeath CrossDeath CrossDeath Cross

TME (Tencent Music) Technical Indicator Interpretation

Based on 1-day closing price series

Oscillators

NameValueOperation
RSI(14)
42.5117Neutral
Stochastic %K (14, 3, 3)
33.5321Neutral
Commodity Channel Index (CCI) (20)
-55.9047Neutral
Average Directional Index (ADX) (14)
17.2204Neutral
Awesome Oscillator (AO)
-0.5636Neutral
Momentum Indicator (10)
-0.395Buy
MACD Level (12, 26)
-0.2409Sell
Stochastic RSI Fast (3, 3, 14, 14)
49.1186Neutral
Williams Percent Range (%R) (14)
-61.1486Neutral
Bull Bear Power (BBP)
-0.2104Neutral
Ultimate Oscillator (UO) (7, 14, 28)
49.0983Neutral

Moving Averages

NameValueOperation
EMA (10)
8.4918Buy
SMA (10)
8.4005Buy
EMA (20)
8.6777Sell
SMA (20)
8.7747Sell
EMA (30)
8.8405Sell
SMA (30)
8.9155Sell
EMA (50)
9.2899Sell
SMA (50)
9.0181Sell
EMA (100)
10.9207Sell
SMA (100)
10.6993Sell
EMA (200)
13.2676Sell
SMA (200)
15.3385Sell
Ichimoku Kinko Hyo Base Line (9, 26, 52, 26)
8.815Neutral
Volume-Weighted Moving Average (VWMA) (20)
8.8642Sell
Hull Moving Average (HMA) (9)
8.4454Buy

TME (Tencent Music) Pivot Points

Based on 1-day timeframe

PriceClassicFibonacciCamarillaWoodieDM
R312.1610.418.831210.995-
R210.419.74158.670810.3425-
R19.389.32858.51049.2459.02
Pivot P8.668.668.668.59258.48
S17.637.99158.18967.4957.27
S26.917.57858.02926.8425-
S35.166.917.86875.745-

TME (Tencent Music) Market Sentiment Index

Analyst Rating15.4425
Options Put/Call Ratio+239.73%
Implied Volatility (IV)69.5492

TME (Tencent Music) Deep Technical Analysis

As of June 30, 2026, Tencent Music is exhibiting a bearish technical structure. The MACD Level at -0.256 confirms a death cross formation, indicating persistent downside momentum, while the RSI(14) at 37.8568 places the stock in neutral-to-weak oversold territory, suggesting that bearish pressure remains unresolved and further consolidation or decline is possible before any meaningful reversal gains traction. This **TME technical analysis** reflects a market still adjusting to downward pressure without clear reversal signals. The Average Directional Index (14) at 17.7458 signals weak trend strength, implying that while the bearish direction is established, the downtrend lacks the conviction needed to accelerate sharply lower. The Commodity Channel Index (20) at -74.5121 offers a contrarian buy signal, and the Momentum(10) indicator at -0.85 similarly suggests a buy bias—this divergence indicates that extreme oversold conditions may be developing, creating potential for a technical bounce rather than immediate capitulation. The moving average system reinforces the bearish bias across all timeframes. EMA10 at 8.4922 and EMA20 at 8.6977 sit well above the current price of 8.39, confirming that short-term momentum has turned decisively lower. EMA50 at 9.3227 provides intermediate resistance, while SMA200 at 15.4211 defines the broader downtrend structure, indicating that the TME market analysis remains constrained within a medium-term bearish regime with substantial resistance overhead. resistance levels cluster at R1 (9.7518), R2 (10.0999), and R3 (10.6633), while support tiers are positioned at S1 (8.6249), S2 (8.2768), and S3 (7.7133). The current price of 8.39 sits above S2, indicating that the stock maintains a foothold above critical support. Any near-term recovery would face initial resistance around 8.6249 before attempting to reclaim the pivot at 9.1883, shaping the near-term TME price forecast. On the market breadth front, sentiment shows mixed signals with elevated hedging activity. The Put/Call ratio at 239.73 indicates strong put buying and heightened risk aversion, reflecting investor defensiveness around TME. The analyst rating at 15.4425 suggests that professional sentiment remains broadly positive despite the technical weakness, creating a divergence between technical deterioration and fundamental optimism. The implied volatility at 69.5492 reflects moderately elevated uncertainty, consistent with the stock's current consolidation phase and the TME price prediction environment of conflicting signals.

FAQ

What is the current technical rating for TME?

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On the 4H timeframe, the aggregate technical rating for TME is Sell. This rating is dynamically aggregated from moving averages and momentum oscillators to reflect the prevailing trend direction and price velocity.

Where are the key support and resistance levels for TME?

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What are the current RSI and MACD signals for TME?

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How often is the TME technical analysis data updated?

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