Trading Signals: TME Stock Price Prediction and Forecast

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

Tue. Feb. 9, 2021

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

(Tencent Music Entertainment )
TME latest price $26.4300 (0.8%) ($25.9500 - $26.7200) on Tue. Feb. 9, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.45% (three month average)
RSI   54
Latest Price   $26.4300(0.8%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TME declines -0.9% a day on average for past five trading days.
Weekly Trend   TME declines -1.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support TME advance at 0% a week (0% probability)
KWEB(80%)    MCHI(73%)    FXI(72%)    VWO(66%)    EEM(65%)
Factors Impacting TME price   TME will decline at least -1.725% in a week (0% probabilities).
VIXM(-34%)    VXX(-30%)    UUP(-22%)    XLU(-11%)    TIP(-11%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.725% (StdDev 3.45%)
Hourly BBV 0 ()
Intraday Trend 0.9%

5 Day Moving Average   $25.96(1.81%)
10 Day Moving Average   $26.45(-0.08%)
20 Day Moving Average   $25.65(3.04%)
To recent high   -4.4%
To recent low   76.8%
Market Cap   $135.425b

$. TME price fluctuates within 7.99% (three month std-dev: 3.45%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -6.22%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -3.81%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -0.73%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210309

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_9_2021	18.33	25.65	26.45	25.96	25.96	26.12	26.43(0.8%)	DP	OpenShort	-75	0.2	-9	40	-3	-27	8.97	78%	0.66	61.6	3.45%	0	0.4	54	1.1
2	Feb_8_2021	18.21	25.4	26.5	26.2	26.12	25.86	26.22(2.22%)	DP	OpenShort	-75	0	-9	-80	-6	-19	12.99	78%	0.61	63.2	3.46%	0	0.4	46	1.1
3	Feb_5_2021	18.1	25.16	26.6	26.36	26.48	25.81	25.65(1.7%)	N/A	N/A	0	-0.3	-8	-160	-15	12	16.2	76%	0.56	65.3	3.51%	0	0.2	71	1.1
4	Feb_4_2021	18	24.92	26.74	26.55	26.8	26.37	25.22(-4.03%)	N/A	N/A	0	-0.5	-3	-80	-20	49	34.32	76%	0.56	66.5	3.52%	0	0.1	72	1.1
5	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

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		134.8	2.16%	0	3.2	64	-0.5
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

Click to see actual return for next trading day.