Back to top

Is TME preparing to trend lower? 50 Day Moving Average Resistance shows up after climbing 0.27%

Tencent Music Entertainment Group (TME) — Nightly Technical Analysis · Jun 15, 2026, 20:11 ET
On Monday, June 15th, TME moved up 0.27% while volume was to 1.0× the usual levels. consolidation patterns formed: NR7 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 9.15, 9.08 & 8.96, with resistance at 9.34, 9.46 & 9.53.

Current SwingTradeBot Technical Rating of TME: D

There’s more where that came from. See all of today’s signals for TME here.

Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Tencent Music Entertainment Group Sponsored ADR (TME)