Trading Signals: TME Stock Price Prediction and Forecast

^ TME: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Sep. 15, 2020

Trading Signals: TME Stock Price Prediction and Forecast (Wed. Dec. 12, 2018 - Fri. May. 13, 2022)

(Tencent Music Entertainment )
TME latest price $15.5500 (-2.69%) ($15.4150 - $16.0200) on Tue. Sep. 15, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.63% (three month average)
RSI   50
Latest Price   $15.5500(-2.69%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TME declines -0.3% a day on average for past five trading days.
Weekly Trend   TME advances 0.1% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support TME advance at 0% a week (0% probability)
KWEB(76%)    FXI(68%)    MCHI(68%)    VWO(59%)    EEM(58%)
Factors Impacting TME price   TME will decline at least -1.315% in a week (0% probabilities).
VXX(-28%)    VIXM(-28%)    UUP(-23%)    XLU(-8%)    TIP(-8%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.315% (StdDev 2.63%)
Hourly BBV 0 ()
Intraday Trend -2.8%

Resistance Level   $15.57
5 Day Moving Average   $15.88(-2.08%)
10 Day Moving Average   $15.84(-1.83%)
20 Day Moving Average   $15.57(-0.13%)
To recent high   -11.1%
To recent low   24.5%
Market Cap   $79.677b

$. TME price fluctuates within 3.85% (three month std-dev: 2.63%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201015

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_15_2020	14.11	15.57	15.84	15.88	15.87		15.55(-2.69%)	N/A	N/A	0	-0.6	-2	-10	-3	0	10.73	75%	0.28	43.6	2.63%	0	-0	50	0.6
2	Sep_14_2020	14.07	15.52	15.84	15.93	15.95	15.85	15.98(1.14%)	UT	OpenLong	75	0.1	5	-40	3	12	7.98	78%	0.43	33.7	2.63%	0	0.7	63	0.6
3	Sep_11_2020	14.01	15.44	15.85	15.87	15.83	15.89	15.8(0.45%)	UD	OpenLong	65	-0.1	4	20	-1	18	8.14	78%	0.36	18.9	2.64%	0	0.5	64	0.3
4	Sep_10_2020	13.96	15.39	15.88	15.85	15.77	16.05	15.73(-3.79%)	UD	OpenLong	75	-0.2	14	110	5	39	18.97	78%	0.29	5.8	2.64%	0	0.5	69	-0.6
5	Sep_9_2020	13.92	15.36	15.9	15.88	15.65	15.77	16.35(3.48%)	UT	HoldLong	65	0.7	25	10	10	70	9.39	82%	0.43	-0.9	2.59%	0	1.4	82	-0.4

6	Sep_8_2020	13.86	15.31	15.83	15.8	15.6	15.49	15.8(0.83%)	UD	OpenLong	65	0	20	-90	-1	83	16.06	81%	0.51	-8.5	2.57%	0	0.8	80	-1.2
7	Sep_4_2020	13.79	15.3	15.78	15.77	15.7	15.54	15.67(-0.19%)	UD	OpenLong	65	-0.2	18	-80	-7	92	12.44	81%	0.36	-11.1	2.57%	0	0.6	73	-1.6
8	Sep_3_2020	13.74	15.31	15.72	15.83	15.76	15.7	15.7(-1.26%)	UD	OpenLong	65	-0.2	21	-40	-8	108	12.69	81%	0.37	-8.8	2.6%	0	0.6	72	-3.2
9	Sep_2_2020	13.69	15.35	15.62	15.9	15.87	15.87	15.9(-0.19%)	UD	OpenLong	75	0	30	-10	-0	120	7.84	82%	0.37	-1	2.59%	0	0.7	68	-1.3
10	Sep_1_2020	13.64	15.35	15.46	15.92	15.88	15.82	15.93(1.92%)	UT	OpenLong	75	0	29	-30	2	108	7.05	82%	0.37	4	2.62%	0	0.8	57	-1

11	Aug_31_2020	13.59	15.35	15.29	15.86	15.86	15.87	15.63(-2.25%)	UD	OpenLong	75	-0.3	24	0	3	87	6.15	82%	0.15	3.7	2.63%	0	0.4	50	-0.6
12	Aug_28_2020	13.57	15.35	15.16	15.79	15.78	15.95	15.99(-0.5%)	UD	OpenLong	75	0.3	27	70	13	67	3.69	84%	0.37	-0.4	2.69%	0	0.8	51	0.5
13	Aug_27_2020	13.52	15.37	15	15.59	15.59	15.85	16.07(0.69%)	UT	OpenLong	75	0.6	25	120	22	32	6.57	84%	0.45	-4.5	2.69%	0	0.9	47	0.5
14	Aug_26_2020	13.46	15.35	14.85	15.29	15.32	15.61	15.96(1.85%)	RB	SmallLong	20	0.9	17	140	27	-15	7.03	84%	0.37	-15.4	2.7%	0	0.8	39	1
15	Aug_25_2020	13.41	15.35	14.76	14.93	14.98	15.33	15.67(2.75%)	N/A	N/A	0	1	3	170	25	-63	9.5	84%	0.37	-31.7	2.69%	0	0.5	37	1.3

16	Aug_24_2020	13.36	15.34	14.73	14.63	14.64	15.02	15.25(1.6%)	DP	OpenShort	-65	0.8	-10	180	19	-97	8.48	83%	0.38	-46.1	2.7%	0	-0.1	39	1.3
17	Aug_21_2020	13.31	15.38	14.76	14.45	14.41	14.63	15.01(3.02%)	DP	OpenShort	-65	0.8	-19	100	14	-116	8.32	83%	0.3	-52.8	2.71%	0	-0.5	39	1.4
18	Aug_20_2020	13.27	15.41	14.84	14.33	14.3	14.26	14.57(2.97%)	DP	OpenShort	-75	0.3	-35	-30	-1	-136	6.16	82%	0.3	-57.9	2.69%	0	-1.1	30	1.5
19	Aug_19_2020	13.23	15.47	15.03	14.36	14.36	14.19	14.15(0%)	DT	HoldShort	-50	-0.3	-45	-80	-16	-132	9.73	81%	0.38	-58.9	2.69%	0	-1.8	30	1.5
20	Aug_18_2020	13.18	15.57	15.26	14.57	14.55	14.35	14.15(-1.46%)	DT	OpenShort	-75	-0.6	-42	-100	-20	-109	8.97	82%	0.3	-55.8	2.7%	0	-2.1	32	1.8

21	Aug_17_2020	13.14	15.69	15.46	14.84	14.84	14.52	14.36(-0.28%)	DT	OpenShort	-75	-0.8	-37	-150	-21	-86	5.69	82%	0.38	-52.7	2.72%	0	-2.3	33	1.9
22	Aug_14_2020	13.09	15.78	15.62	15.11	15.15	14.76	14.4(-2.17%)	DT	OpenShort	-75	-1.4	-37	-170	-26	-71	8.31	82%	0.38	-50.5	2.72%	0	-2.7	31	1.6
23	Aug_13_2020	13.04	15.85	15.8	15.43	15.43	15.16	14.72(-3.41%)	DT	OpenShort	-75	-1.8	-32	-120	-28	-42	10.74	82%	0.38	-58.7	2.71%	0	-2.8	42	1.5
24	Aug_12_2020	12.99	15.91	15.93	15.8	15.74	15.54	15.24(-1.68%)	DT	OpenShort	-75	-1.8	-16	-100	-18	-9	4.68	87%	0.39	-65.2	2.66%	0	-2.1	45	1.6
25	Aug_11_2020	12.94	15.96	15.99	16.06	16	15.69	15.5(-1.21%)	N/A	N/A	0	-1.9	-7	-150	-12	9	10.04	88%		-58.2	2.65%	0	-1.6	43	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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