Trading Signals: TME Stock Price Prediction and Forecast

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

Wed. Feb. 3, 2021

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

(Tencent Music Entertainment )
TME latest price $26.2800 (-4.95%) ($25.9600 - $27.8000) on Wed. Feb. 3, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.48% (three month average)
RSI   79
Latest Price   $26.2800(-4.95%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TME declines -0.4% a day on average for past five trading days.
Weekly Trend   TME advances 6% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support TME advance at 0% a week (0% probability)
KWEB(79%)    MCHI(73%)    FXI(71%)    VWO(65%)    EEM(64%)
Factors Impacting TME price   TME will decline at least -1.74% in a week (0% probabilities).
VIXM(-33%)    VXX(-29%)    UUP(-22%)    TIP(-11%)    XLU(-10%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.74% (StdDev 3.48%)
Hourly BBV 0 ()
Intraday Trend -5.3%

5 Day Moving Average   $26.87(-2.2%)
10 Day Moving Average   $26.85(-2.12%)
20 Day Moving Average   $24.73(6.27%)
To recent high   -5%
To recent low   76.7%
Market Cap   $134.656b

$. TME price fluctuates within 11.08% (three month std-dev: 3.48%) 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

> 20210303

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	Feb_3_2021	17.9	24.73	26.85	26.87	27.03	27.16	26.28(-4.95%)	UD	OpenLong	65	-0.2	24	50	-2	102	34.88	80%	0.62	72	3.48%	0	0.6	79	0.7
2	Feb_2_2021	17.79	24.45	26.84	26.98	26.93	27.22	27.65(2.45%)	UT	HoldLong	65	0.2	44	70	9	148	9.75	84%	0.68	74.9	3.39%	0	1.1	83	-0.1
3	Feb_1_2021	17.67	24.04	26.75	26.85	26.76	26.89	26.99(1.47%)	UT	HoldLong	65	0	49	20	3	186	9.94	84%	0.63	73.3	3.4%	0	1	84	-1.3
4	Jan_29_2021	17.56	23.66	26.32	26.89	26.75	26.65	26.6(-0.89%)	UD	OpenLong	65	-0.1	48	-40	-3	202	14.28	84%	0.63	75.8	3.4%	0	1	82	-2.7
5	Jan_28_2021	17.45	23.29	25.87	26.97	26.94	26.63	26.84(0.15%)	UT	HoldLong	65	-0	57	-80	0	226	18.81	81%	0.63	76.2	3.39%	0	1.2	85	-2.2

6	Jan_27_2021	17.34	22.9	25.33	26.81	26.92	26.85	26.8(-0.74%)	UD	OpenLong	65	-0	56	-10	-1	228	9.62	81%	0.7	75.5	3.42%	0	1.3	81	-3
7	Jan_26_2021	17.22	22.48	24.82	26.67	26.69	27.24	27(-0.77%)	UD	OpenLong	75	0.1	64	150	4	242	11.77	81%	0.58	75.2	3.42%	0	1.5	83	0.3
8	Jan_25_2021	17.12	22.07	24.22	26.64	26.68	27	27.21(0.7%)	UT	HoldLong	65	0.2	101	90	40	283	12.44	81%	0.71	78.8	3.41%	0	1.8	87	0.8
9	Jan_22_2021	17	21.64	23.6	25.64	26.17	26.14	27.02(3.84%)	UT	HoldLong	65	0.5	88	50	32	255	12.84	82%	0.71	75	3.41%	0	2	87	1.5
10	Jan_21_2021	16.88	21.21	22.94	24.58	25.04	26.36	26.02(-0.31%)	UD	OpenLong	75	0.6	83	430	36	225	11.77	81%	0.6	69.1	3.4%	0	1.9	86	1.8

11	Jan_20_2021	16.78	20.83	22.41	23.61	23.97	26.21	26.1(-2.87%)	UD	OpenLong	75	1.1	109	700	73	215	25.74	81%	0.66	62.7	3.4%	0	2.3	87	1.7
12	Jan_19_2021	16.67	20.44	21.82	22.68	22.57	23.72	26.87(20.98%)	UT	HoldLong	65	2.2	100	340	70	191	25.41	81%	0.73	59.3	3.37%	0	3.4	92	1.3
13	Jan_15_2021	16.55	19.99	21.03	21.5	21.63	21.73	22.21(2.35%)	UT	HoldLong	65	0.6	61	50	21	181	9.86	76%	0.36	65.9	2.21%	0	1.9	80	0.7
14	Jan_14_2021	16.49	19.77	20.74	21.27	21.35	21.42	21.7(2.6%)	UT	HoldLong	65	0.4	50	30	10	170	5.82	75%	0.37	60.2	2.2%	0	1.7	78	1.2
15	Jan_13_2021	16.43	19.63	20.49	21.05	21.18	21.52	21.15(-1.44%)	UD	OpenLong	75	0.1	49	130	11	163	5.26	74%	0.37	60	2.19%	0	1.4	75	1.4

16	Jan_12_2021	16.37	19.51	20.28	21.01	20.93	21.28	21.46(2.29%)	UT	HoldLong	65	0.4	61	110	23	173	16.58	74%	0.37	72.6	2.17%	0	1.9	80	1.1
17	Jan_11_2021	16.31	19.37	19.99	20.81	20.66	20.84	20.98(-0.33%)	UD	OpenLong	75	0.2	57	40	23	160	23.23	74%	0.37	86	2.18%	0	1.7	79	0.2
18	Jan_8_2021	16.25	19.24	19.78	20.49	20.44	20.58	21.05(2.18%)	UT	HoldLong	65	0.7	54	40	24	144	12.78	74%	0.43	93.3	2.18%	0	2.1	82	1.6
19	Jan_7_2021	16.18	19.13	19.55	20.12	20.06	20.49	20.6(-1.67%)	UD	OpenLong	75	0.6	48	140	21	130	13.18	73%	0.43	108.1	2.17%	0	1.9	83	1.5
20	Jan_6_2021	16.11	18.99	19.37	19.85	19.75	20.3	20.95(2.39%)	UT	OpenLong	75	1.6	58	180	39	115	9.29	73%	0.44	122.9	2.17%	0	2.9	65	-0.4

21	Jan_5_2021	16.04	18.79	19.14	19.44	19.46	19.63	20.46(5.63%)	UT	OpenLong	75	1.9	45	60	33	81	9.16	72%	0.38	134.8	2.16%	0	3.2	64	-0.5
22	Jan_4_2021	15.98	18.6	18.95	19.06	19.15	19.2	19.37(0.68%)	UT	OpenLong	75	0.5	14	30	5	40	8.45	69%	0.38	104.6	2.07%	0	1.4	58	-1.6
23	Dec_31_2020	15.92	18.47	18.86	18.97	18.98	19.28	19.24(0.1%)	UT	OpenLong	75	0.3	16	110	10	32	6.78	66%	0.25	73.9	2.1%	0	1	58	1.2
24	Dec_30_2020	15.88	18.34	18.72	18.89	18.88	19.1	19.22(1.53%)	UT	OpenLong	75	0.4	15	80	15	13	8.7	66%	0.25	64.1	2.11%	0	1	53	1.3
25	Dec_29_2020	15.84	18.2	18.7	18.82	18.75	18.69	18.93(2.1%)	UT	OpenLong	75	0.1	6	-30	2	17	7.35	66%		57.9	2.11%	0	0.8	61	0.2
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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