Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
TENCENT HLDGS UNSP/ADR (NASDAQ:TCEHY)
Strong Downtrend (-100) - TCEHY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TCEHY continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TCEHY?
MarketClub looks at technical strength and momentum to determine if the timing is right for TCEHY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TCEHY
The long-term trend has been DOWN since May 9th, 2023 at 42.05
The intermediate-term trend has been DOWN since Dec 5th, 2023 at 39.61
The short-term trend has been DOWN since Dec 1st, 2023 at 40.60
Smart Scan Analysis for TCEHY
Based on our trend formula, TCEHY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.36 | 39.60 | 39.31 | 39.48 | -0.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.55 | 1997445 | 2023-12-07 15:58:00 |
| Year High | 61 | Year High Date | 2018-01-26 |
| Year Low | 31.54 | Year Low Date | 2018-10-30 |
| 52wk High | 52.88 | 52wk High Date | 2023-01-27 |
| 52wk Low | 36.15 | 52wk Low Date | 2023-10-23 |
| Year End Close | 32.65 | Average Volume | 2,814,969 |
| Shares Outstanding | 1,844,090 | % Institutional | 0.4 |
| Assets | 157,813,100M | Liabilities | 856,740,000M |
| Beta | 1.46 | Volatility | 61.44 |