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Stock Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (NYSE:TME)

Crossroads (+60) - TME is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TME?

MarketClub looks at technical strength and momentum to determine if the timing is right for TME.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_TME
Open High Low TME Price Change
8.48 8.69 8.30 8.30 -0.26
Entry Signal

MarketClub’s Trade Triangles for TME

long term down The long-term trend has been DOWN since May 5th, 2021 at 16.31

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 7.75

short term up The short-term trend has been UP since Oct 19th, 2021 at 7.81

Smart Scan Analysis for TME

Based on our trend formula, TME is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TME
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.48 8.69 8.30 8.30 -0.26
Prev. Close Volume Bid Ask Time
8.56 13539693 2021-10-21 15:59:46
52wk High32.248152wk High Date2021-03-23
52wk Low6.8252wk Low Date2021-09-24
Average Volume12,907,265Market Cap22,355M
Assets682,730,000MLiabilities160,280,000M
P/E Ratio45.0526
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