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TME forms 20 Day Moving Average Support on July 9

Tencent Music Entertainment Group (TME) — SwingTradeBot Technical Analysis Report · Jul 9, 2026, 17:46 ET
On Thursday, July 9th, TME moved up 0.34% while volume shrunk to 0.1× the usual levels. 20 DMA Support — typically a warning sign for traders — developed during the session. Key support levels exist at 8.7, 8.55 & 8.44, with resistance at 8.97, 9.08 & 9.23.

Current SwingTradeBot Technical Rating of TME: F

Don’t miss other key signals TME triggered—view them now on SwingTradeBot.com.

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Tencent Music Entertainment Group Sponsored ADR (TME)