TME Technical

Technical Sentiment Analysis for Tencent Music Entertainment Group (TME) As of 2026-02-27, Tencent Music Entertainment Group (TME) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 4 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TME stands at 34.19, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.611, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 16.133 and the Commodity Channel Index (CCI) at -111.142 further confirm a -0.55 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TME is trading below its 60-day moving average of $16.941 and below its 200-day long-term moving average of $20.04. Key price levels to watch include the immediate resistance at $15.919 and strong support at $14.214. A break above $15.919 could signal a bull continuation, while falling below $14.214 may test the next Fibonacci floor at $13.362.