Trading Signals: TME Stock Price Prediction and Forecast

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

Thu. Apr. 15, 2021

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

(Tencent Music Entertainment )
TME latest price $17.9900 (-0.88%) ($17.7000 - $18.6300) on Thu. Apr. 15, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.67% (three month average)
RSI   36
Latest Price   $17.9900(-0.88%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TME declines -1.4% a day on average for past five trading days.
Weekly Trend   TME declines -5.6% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support TME advance at 0% a week (0% probability)
KWEB(85%)    MCHI(78%)    FXI(77%)    VWO(71%)    EEM(70%)
Factors Impacting TME price   TME will decline at least -2.835% in a week (0% probabilities).
VIXM(-36%)    VXX(-33%)    UUP(-22%)    TIP(-13%)    XLU(-12%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.835% (StdDev 5.67%)
Hourly BBV -1.6 ()
Intraday Trend -2.9%

1 - 5 Day Possible Target   $-18.61(-203.45%)
Resistance Level   $21.63
5 Day Moving Average   $18.32(-1.8%)
10 Day Moving Average   $18.94(-5.02%)
20 Day Moving Average   $21.63(-16.83%)
To recent high   -43.4%
To recent low   0%
Market Cap   $92.179b

$. TME price fluctuates within 20.62% (three month std-dev: 5.67%) daily (68% of days).

Sample size 1 Average positive next day return: 1.42%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 8.17%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 18.84%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210515

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	Apr_15_2021	22.87	21.63	18.94	18.32	18.34	18.2	17.99(-0.88%)	DT	OpenShort	-75	-0.1	-21	-50	-7	-62	30.07	44%	0.04	-44.5	5.67%	-1.6	-0.8	36	1.8
2	Apr_14_2021	22.86	22.11	19.18	18.57	18.63	18.25	18.15(-0.38%)	DT	OpenShort	-75	-0.1	-25	-130	-10	-69	20.73	45%	0.09	-42.4	5.68%	-0.6	-0.9	26	1.4
3	Apr_13_2021	22.84	22.53	19.5	18.87	19.01	18.49	18.22(1.05%)	DP	OpenShort	-75	-0.1	-37	-170	-14	-106	20.42	45%	0.09	-41.7	5.69%	-0.7	-1	16	1.7
4	Apr_12_2021	22.82	22.95	19.72	19.26	19.4	19	18.03(-6.19%)	DT	HoldShort	-65	-0.3	-42	-120	-10	-136	47.48	46%	0.04	-39.9	5.69%	-1.5	-1.1	19	1.8
5	Apr_9_2021	22.81	23.38	19.94	19.46	19.71	19.52	19.22(-0.16%)	DT	HoldShort	-65	-0.1	-47	-30	-6	-171	26.94	48%	0.13	-39.9	5.6%	-1.7	-1	22	1.5

6	Apr_8_2021	22.78	23.81	20.06	19.64	19.76	19.8	19.25(-2.04%)	DT	OpenShort	-75	-0.1	-54	30	-7	-195	35.74	49%	0.18	-38	5.65%	-2.5	-1.1	29	1.5
7	Apr_7_2021	22.74	24.23	20.43	19.89	19.99	19.9	19.65(-2.53%)	DT	OpenShort	-75	-0.1	-56	-20	-6	-205	33.79	49%	0.13	-38.1	5.65%	-0.2	-1.1	32	1.4
8	Apr_6_2021	22.71	24.6	21.54	20.23	20.26	19.72	20.16(5.94%)	DP	OpenShort	-75	-0	-49	-180	-6	-178	51.75	50%	0.18	-38.5	5.64%	1.1	-1.1	38	1.2
9	Apr_5_2021	22.67	24.88	22.54	20.26	20.6	20.08	19.03(-5.37%)	DT	OpenShort	-75	-0.3	-50	-130	-12	-164	56.45	50%	0.44	-41.6	5.6%	-1.2	-1.5	35	1.3
10	Apr_1_2021	22.57	25.26	23.65	20.48	20.92	20.8	20.11(-1.85%)	DT	OpenShort	-75	-0.1	-37	20	-2	-142	62.02	50%	0.22	-43.9	5.55%	-1.2	-1.4	36	1.3

11	Mar_31_2021	22.52	25.58	24.49	20.53	20.51	21.13	20.49(-3.98%)	DT	OpenShort	-75	-0	-41	210	-9	-138	94.86	50%	0.27	-46.4	5.59%	-0.6	-1.5	35	1.2
12	Mar_30_2021	22.46	25.96	25.25	21.06	20.66	21.04	21.34(4.92%)	DP	OpenShort	-75	0.1	-56	70	-30	-135	128.54	50%	0.27	-44.1	5.56%	0	-1.4	38	1.2
13	Mar_29_2021	22.4	26.29	25.8	23.15	22.19	19.89	20.34(1.19%)	DP	OpenShort	-75	-0.9	-62	-850	-48	-103	240.22	50%	0.27	-27.2	5.54%	0	-1.9	37	1
14	Mar_26_2021	22.34	26.65	26.47	25.26	24.8	20.28	20.1(-1.28%)	DT	OpenShort	-75	-1.8	-78	-1330	-81	-69	467.07	50%	0.18	-7.2	5.5%	0	-2.3	42	1.4
15	Mar_25_2021	22.3	26.98	27.19	27.32	27.67	24.5	20.36(-12.17%)	DT	OpenShort	-75	-2.9	-61	-760	-74	-20	57.02	50%	0.22	13.5	5.54%	0	-2.8	40	1.1

16	Mar_24_2021	22.25	27.3	28.01	28.96	29.63	29.31	23.18(-27.08%)	N/A	N/A	0	-3	-9	-10	-27	46	43.62	54%	0.41	40	5.35%	0	-2.2	48	1
17	Mar_23_2021	22.16	27.49	28.49	29.9	29.79	30.84	31.79(2.98%)	UT	OpenLong	75	1.1	59	240	38	122	23.14	68%	0.82	60.1	3.97%	0	2.5	64	1.1
18	Mar_22_2021	21.98	27.17	27.96	28.83	28.71	29.96	30.87(1.48%)	UT	OpenLong	75	1.4	51	290	39	85	16.73	68%	0.73	40.9	3.96%	0	2.5	62	1.9
19	Mar_19_2021	21.82	26.86	27.39	27.93	27.72	28.75	30.42(6.66%)	UT	OpenLong	75	2.1	40	240	37	49	31.03	68%	0.79	23.8	3.93%	0	2.9	63	1.6
20	Mar_18_2021	21.65	26.66	26.94	27.14	26.92	27.47	28.52(2.22%)	UT	OpenLong	75	1.5	16	120	15	19	29.97	66%	0.65	7.4	3.89%	0	2.1	63	1.2

21	Mar_17_2021	21.51	26.56	26.67	27	26.58	26.7	27.9(5.48%)	UT	OpenLong	75	1.1	6	-20	5	9	10.46	67%	0.66	6	3.88%	0	1.7	59	2.1
22	Mar_16_2021	21.37	26.49	26.62	26.89	26.8	26.38	26.45(0.34%)	N/A	N/A	0	-0.5	0	-120	-3	10	11.22	62%	0.52	3.2	3.85%	0	-0	52	1.9
23	Mar_15_2021	21.26	26.49	26.72	26.93	26.94	26.46	26.36(-0.49%)	UD	OpenLong	65	-0.7	1	-120	-6	20	12.16	62%	0.57	15.9	3.95%	0	-0.2	56	2.4
24	Mar_12_2021	21.14	26.57	26.78	26.73	26.91	27.22	26.49(-4.64%)	UD	OpenLong	75	-0.3	8	100	1	28	10.78	62%	0.62	12.8	3.92%	0	-0.1	60	1.8
25	Mar_11_2021	21.01	26.59	26.72	26.66	26.56	27.43	27.78(1.57%)	UT	OpenLong	75	1.3	25	220	23	29	14.19	64%		19.2	3.89%	0	1.4	54	1.5
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

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