(TME) Tencent Music ForceIndex charts technical analysis
(TME) Tencent Music ForceIndex charts technical analysis ForceIndex analysis of Tencent Music | Buy/Sell Tencent Music
Tencent Music trades in USA in Consumer Services sector.
10 day averaged volume of Tencent Music is 5857610
| Date | Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 11.58 | 11.38 | 11.71 | 11.32 | 6.284 Mn |
| 17 Wed Apr 2024 | 11.27 | 11.19 | 11.35 | 11.12 | 6.093 Mn |
| 16 Tue Apr 2024 | 11.25 | 11.10 | 11.38 | 10.94 | 8.544 Mn |
| 15 Mon Apr 2024 | 11.24 | 11.40 | 11.59 | 11.17 | 6.554 Mn |
| 12 Fri Apr 2024 | 11.37 | 11.66 | 11.73 | 11.36 | 6.702 Mn |
| 11 Thu Apr 2024 | 11.90 | 11.97 | 12.00 | 11.75 | 5.773 Mn |
| 10 Wed Apr 2024 | 11.85 | 11.77 | 11.99 | 11.72 | 3.799 Mn |
| 09 Tue Apr 2024 | 11.84 | 11.63 | 11.97 | 11.63 | 8.808 Mn |
| 08 Mon Apr 2024 | 11.59 | 11.63 | 11.69 | 11.55 | 3.706 Mn |
| 05 Fri Apr 2024 | 11.65 | 11.20 | 11.65 | 11.13 | 5.735 Mn |
Indicators analysis of Tencent Music (TME)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
Price action analysis of Tencent Music ( (TME) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Tencent Music ( (TME) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Tencent Music ( (TME) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Tencent Music ( (TME) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Tencent Music stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Tencent Music in short term but the sell signal is initial and weak.
Tencent Music Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Tencent Music in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Tencent Music is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.54 and Tencent Music (TME) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Tencent Music (TME) stock. Volume based technical analysis of Tencent Music (TME) stock is negative.
Tencent Music Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.