Tencent Music (TME) Technical Analysis: Signals, Charts & Indicators

2.69 / 10

Underperform

Technical score 2.69/10 (Underperform). Only bullish signal is a MACD Golden Cross, but four bearish patterns dominate: Long Lower/Upper Shadows, Marubozu White and MACD Death Cross. Recent five‑day data shows no bullish cues, suggesting further downside risk.

Analysis Checks(1/5)

Long Lower Shadow

Score1/10

Win Rate25.00%

Hist. Signals4

Avg Return-2.09%

Long Upper Shadow

Score1/10

Win Rate0.00%

Hist. Signals3

Avg Return-3.09%

MACD Death Cross

Score3.32/10

Win Rate50.00%

Hist. Signals12

Avg Return-0.56%

MACD Golden Cross

Score5.41/10

Win Rate63.64%

Hist. Signals11

Avg Return-2.96%

Marubozu White

Score2.73/10

Win Rate50.00%

Hist. Signals8

Avg Return-4.57%

Technical Analysis of TME?

TME presents a Underperform setup with a Technical Score of 2.69/10. Key technical indicators highlight an RSI of 22.75 and a MACD of -0.58, with the trend anchored by the 50-Day SMA at 14.65. Traders should monitor key support at 9.55 and resistance at 9.99.