


Technical Sentiment Analysis for Tencent Music Entertainment Group (TME) As of 2026-07-10, Tencent Music Entertainment Group (TME) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 4 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 52.638, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0793, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 83.486 and the Commodity Channel Index (CCI) at 57.021 further confirm a 0.72 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TME is trading below its 60-day moving average of $9.064 and below its 200-day long-term moving average of $14.842. Key price levels to watch include the immediate resistance at $9.135 and strong support at $8.045. A break above $9.135 could signal a bull continuation, while falling below $8.045 may test the next Fibonacci floor at $7.447.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 6.955 | 7.447 | 8.045 | 8.537 | 9.135 | 9.627 | 10.225 |
| Fibonacci | 7.447 | 7.864 | 8.121 | 8.537 | 8.954 | 9.211 | 9.627 |
2026-07-10
| Name | Value |
|---|---|
| RSI_14 | 52.638 |
| STOCHk_14_3_3 | 83.486 |
| STOCHd_14_3_3 | 73.637 |
| CCI_20 | 57.021 |
| AO_5_34 | -0.0552 |
| MOM_10 | 0.72 |
| MACD_12_26_9 | -0.0793 |
2026-07-10
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 8.788 | Buy |
| MA_10 | 8.642 | Buy |
| MA_20 | 8.667 | Buy |
| MA_60 | 9.064 | Sell |
| MA_200 | 14.842 | Sell |
| MA_250 | 16.608 | Sell |