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TME NEWS why is Tencent Music Entertainment Group price falling or rising

TME NEWS reasons for why stock price of Tencent Music Entertainment Group is falling or rising

TME Tencent Music is falling or rising technical reasons

Technical analysis forecast for Tencent Music Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Tencent Music TME at this time. Stock is falling and might fall more.

It appears as if Tencent Music TME gave a large move recently.

Stock of Tencent Music (TME) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Tencent Music is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Tencent Music stays below 9.3, but if it comes above 9.3, then a intra day buy could be more profitable.
If you take a sell trade below 9.3, then use 9.3 as stoploss and 8.8 as target. However if you take a buy trade in Tencent Music, then use 9.3 as stoploss and 9.62 as target.

TME Tencent Music is falling or rising NEWS fundamental reasons

More announcements and NEWS

TME Tencent Music Entertainment Group current price & indicator signals

Moving Averages for Tencent Music Entertainment Group

  • 5Day Average: 9.17
  • 12Day Average: 9.5
  • 20Day Average: 9.45
  • 50Day Average: 11.29
  • 100Day Average: 14.18
  • 150Day Average: 16.56
  • 200Day Average: 18.35

TME Indicators & signals

Indicator MACD (12,26,9)

9.37, 9.91, -0.63
Indicator MACD is in negative zone

Indicator ADX (14)

36.36, 18.92, 40.54
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TME Tencent Music Entertainment Group are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
01 Fri May 2026 9.10 9.02 to 9.29 -0.76% 0.56 times
30 Thu Apr 2026 9.17 8.92 to 9.19 1.66% 1.31 times
29 Wed Apr 2026 9.02 9.02 to 9.25 -1.85% 0.71 times
28 Tue Apr 2026 9.19 9.03 to 9.24 -1.92% 0.77 times
27 Mon Apr 2026 9.37 9.27 to 9.47 0.32% 0.98 times
24 Fri Apr 2026 9.34 9.27 to 9.38 0.97% 0.86 times
23 Thu Apr 2026 9.25 9.19 to 9.53 -3.44% 0.9 times
22 Wed Apr 2026 9.58 9.49 to 9.69 -0.42% 1.14 times
21 Tue Apr 2026 9.62 9.60 to 10.13 -4.75% 1.19 times
20 Mon Apr 2026 10.10 10.00 to 10.23 0.2% 0.68 times
17 Fri Apr 2026 10.08 10.03 to 10.25 -0.69% 1.45 times
16 Thu Apr 2026 10.15 9.96 to 10.20 2.73% 1.09 times

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