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Tencent Music Entertainment Group (DE:63TA)
BERLIN:63TA
Germany Market

Tencent Music Entertainment Group (63TA) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
16Bullish
0Neutral
6Bearish
Technical Analysis Consensus
Sell
4Bullish
0Neutral
6Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Tencent Music Entertainment Group’s (63TA) Moving Averages Convergence Divergence (MACD) indicator is 0.58, suggesting Tencent Music Entertainment Group is a Sell.
Tencent Music Entertainment Group’s (63TA) 20-Day exponential moving average is 12.67, while Tencent Music Entertainment Group’s (63TA) share price is €14.5, making it a Buy.
Tencent Music Entertainment Group’s (63TA) 50-Day exponential moving average is 12.17, while Tencent Music Entertainment Group’s (63TA) share price is €14.5, making it a Buy.

Tencent Music Entertainment Group (63TA) Pivot Points

May 20, 2025, 02:27 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
14.80
14.80
14.80
14.80
14.80
14.80
14.80
Fibonacci
14.80
14.80
14.80
14.80
14.80
14.80
14.80
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Tencent Music Entertainment Group (63TA) Moving Averages

May 20, 2025, 02:27 AM
Period
Simple
Exponential
MA5
13.62Buy
13.85Buy
MA10
13.10Buy
13.25Buy
MA20
12.22Buy
12.67Buy
MA50
12.11Buy
12.17Buy
MA100
11.67Buy
11.86Buy
MA200
11.03Buy
11.66Buy
Tencent Music Entertainment Group’s (63TA) 10-Day exponential moving average is 13.25, while Tencent Music Entertainment Group’s (63TA) share price is €14.5, making it a Buy.
Tencent Music Entertainment Group’s (63TA) 100-Day exponential moving average is 11.86, while Tencent Music Entertainment Group’s (63TA) share price is €14.5, making it a Buy.
Tencent Music Entertainment Group’s (63TA) stock price is €14.5 and Tencent Music Entertainment Group’s (63TA) 50-day simple moving average is 12.11, creating a Buy signal.
Tencent Music Entertainment Group’s (63TA) stock price is €14.5 and Tencent Music Entertainment Group’s (63TA) 100-day simple moving average is 11.67, creating a Buy signal.
Tencent Music Entertainment Group’s (63TA) stock price is €14.5 and Tencent Music Entertainment Group’s (63TA) 200-day simple moving average is 11.03, creating a Buy signal.

Tencent Music Entertainment Group (63TA) Technical Indicators

May 20, 2025, 02:27 AM
Name
Value
Implied Action
RSI (14)
70.06
Sell
STOCH (9,6)
95.65
Sell
STOCHRSI (14)
96.97
Sell
MACD (12,26)
0.58
Sell
ADX (14)
17.69
Buy
Williams %R
-9.09
Sell
CCI (14)
172.73
Sell
ATR (14)
0.39
-
Ultimate Oscillator
82.28
Buy
ROC
25.00
Buy
Tencent Music Entertainment Group’s (63TA) Relative Strength Index (RSI) is 70.06, creating a Sell signal.
Tencent Music Entertainment Group’s (63TA) Trend Strength Indicator (ADX) is 17.69, creating a Buy signal.
Tencent Music Entertainment Group’s (63TA) Commodity Channel Index (CCI) is 172.73, creating a Sell signal.
Tencent Music Entertainment Group’s (63TA) Price Rate of Change (ROC) is 25.00, creating a Buy signal.

FAQ

Is 63TA a Buy, Hold, or Sell?
Based on 63TA’s technical indicators, 63TA is a Buy.
    What is 63TA’s RSI (14)?
    63TA’s RSI (14) is 70.06, which suggests 63TA is a Sell.
      What is 63TA’s MACD?
      63TA’s MACD is 0.58, which suggests 63TA is a Sell.
        What is 63TA’s 5-day moving average?
        63TA’s 5-day moving average is 13.62, which suggests 63TA is a Buy.
          What is 63TA’s 20-day moving average?
          63TA 20-day moving average is 12.22, which suggests 63TA is a Buy.
            What is 63TA’s 50-day moving average?
            63TA’s 50-day moving average is 12.11, which suggests 63TA is a Buy.
              What is 63TA’s 200-day moving average?
              63TA’s 200-day moving average is 11.03, which suggests 63TA is a Buy.
                What is 63TA’s Williams % R (14)?
                63TA’s Williams % R (14) is -9.09, which suggests 63TA is a Sell.
                  What is 63TA’s CCI (14)?
                  63TA’s CCI (14) is 172.73, which suggests 63TA is a Sell.
                    What is the share price of Tencent Music Entertainment Group?
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