Trading Signals: TME Stock Price Prediction and Forecast

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

Wed. Oct. 23, 2019

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

(Tencent Music Entertainment )
TME latest price $14.0000 (0.79%) ($13.8400 - $14.3000) on Wed. Oct. 23, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.87% (three month average)
RSI   73
Latest Price   $14.0000(0.79%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TME advances 0.7% a day on average for past five trading days.
Weekly Trend   TME advances 3.6% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support TME advance at 0% a week (0% probability)
KWEB(73%)    MCHI(64%)    FXI(62%)    ONLN(52%)    ARKK(48%)
Factors Impacting TME price   TME will decline at least -0.935% in a week (0% probabilities).
VXX(-27%)    VIXM(-25%)    UUP(-15%)    TLT(-5%)    TIP(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.935% (StdDev 1.87%)
Hourly BBV 0 ()
Intraday Trend 0.7%

5 Day Moving Average   $13.79(1.52%)
10 Day Moving Average   $13.6(2.94%)
20 Day Moving Average   $13.25(5.66%)
To recent high   -4.8%
To recent low   11.4%
Market Cap   $71.735b

$. TME price fluctuates within 3.09% (three month std-dev: 1.87%) daily (68% of days).

Sample size 28 Average positive next day return: 0.99%(64%) Average negative next day return: -2.07%(36%) Sample size 28 Average positive next three day return: 2.12%(46%) Average negative next three day return: -2.71%(54%) Sample size 28 Average positive next weekly return: 2.11%(50%) Average negative next weekly return: -3.27%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20191123

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	Oct_23_2019	14	13.25	13.6	13.79	13.83	13.98	14(0.79%)	UT	OpenLong	75	0.5	39	80	12	121	4.91	50%	0.07	27.5	1.87%	0	1.8	73	1.5
2	Oct_22_2019	13.99	13.2	13.49	13.69	13.74	13.88	13.89(-1%)	UD	OpenLong	75	0.5	39	80	15	110	5.03	50%	0.07	12.5	1.91%	0	1.9	73	1.5
3	Oct_21_2019	13.98	13.16	13.38	13.59	13.64	13.68	14.03(3.93%)	UT	HoldLong	65	1.3	36	30	16	95	6.4	50%	0	-7.4	1.92%	0	2.6	77	1.8
4	Oct_18_2019	13.98	13.16	13.25	13.59	13.52	13.68	13.5(-0.3%)	UD	OpenLong	75	0.2	19	60	0	74	1.72	43%	0	-30.3	1.86%	0	1.3	73	1.7
5	Oct_17_2019	13.98	13.12	13.19	13.44	13.49	13.6	13.54(0.3%)	UT	OpenLong	75	0.3	26	70	8	78	2.74	37%	0	-29	1.9%	0	1.2	68	1.8

6	Oct_16_2019	13.98	13.13	13.13	13.39	13.47	13.45	13.5(0.97%)	UT	OpenLong	75	0.3	27	10	13	68	2.94	37%	0	-27.7	2.04%	0	1	61	1.9
7	Oct_15_2019	13.98	13.15	13.06	13.26	13.37	13.38	13.37(0.45%)	UT	OpenLong	75	0.3	18	30	8	46	1.94	37%	-0.07	-29.8	2.04%	0	0.5	55	1.9
8	Oct_14_2019	13.99	13.18	13.01	13.13	13.28	13.5	13.31(-1.26%)	UD	OpenLong	75	0.4	17	150	14	25	2.37	37%	0	-28.1	2.05%	0	0.3	53	1.6
9	Oct_11_2019	13.99	13.21	12.95	13.02	13.1	13.35	13.48(1.51%)	UT	OpenLong	75	1	14	150	18	1	8.81	37%	0	-24.7	2.05%	0	0.6	48	1.1
10	Oct_10_2019	13.99	13.22	12.89	12.91	12.9	13.06	13.28(3.19%)	N/A	N/A	0	0.8	1	80	11	-30	6.3	37%	-0.07	-24.1	2.05%	0	0.1	38	-0.2

11	Oct_9_2019	14	13.24	12.85	12.91	12.87	12.86	12.87(1.34%)	DP	OpenShort	-65	0.1	-14	0	3	-63	4.95	33%	-0.07	-21.1	2.01%	0	-0.8	17	-1.1
12	Oct_8_2019	14.01	13.28	12.88	12.84	12.84	12.75	12.7(-0.55%)	DT	HoldShort	-65	-0.3	-25	-50	-5	-85	3.06	33%	-0.07	-14.7	2.02%	0	-1.3	10	-2.1
13	Oct_7_2019	14.02	13.31	12.92	12.84	12.85	12.88	12.77(-1.24%)	DT	HoldShort	-65	-0.2	-26	10	-1	-100	2.81	33%	-0.07	-10.1	2.03%	0	-1.2	10	-0.3
14	Oct_4_2019	14.03	13.32	12.98	12.86	12.86	12.92	12.93(-0.08%)	DP	OpenShort	-65	0.2	-25	30	3	-109	2.38	37%	-0.14	-13.6	2.06%	0	-0.9	21	0.2
15	Oct_3_2019	14.05	13.33	13.04	12.85	12.84	12.83	12.94(0.7%)	DP	OpenShort	-75	0.2	-30	-10	-1	-115	3.64	37%	-0.07	-17.9	2.08%	0	-0.9	29	-0.7

16	Oct_2_2019	14.06	13.34	13.14	12.87	12.85	12.8	12.85(0.16%)	DP	OpenShort	-75	-0	-34	-30	-7	-113	2.01	37%	-0.21	-16.7	2.07%	0	-1.1	26	-1.4
17	Oct_1_2019	14.09	13.34	13.25	12.93	12.91	12.85	12.83(0.47%)	DP	OpenShort	-75	-0.2	-30	-40	-6	-101	3.24	41%	-0.21	-10	2.09%	0	-1.2	28	-0.4
18	Sep_30_2019	14.12	13.35	13.37	12.99	12.96	12.9	12.77(-0.85%)	DT	OpenShort	-75	-0.5	-28	-40	-11	-79	3.13	41%	-0.28	-12.7	2.14%	0	-1.3	44	0.4
19	Sep_27_2019	14.16	13.38	13.49	13.11	13.05	12.97	12.88(-1.15%)	DT	OpenShort	-75	-0.6	-22	-60	-13	-50	7.52	41%	-0.21	-7.2	2.14%	0	-1.2	53	0.2
20	Sep_26_2019	14.19	13.38	13.58	13.25	13.17	13.02	13.03(-0.69%)	DT	OpenShort	-75	-0.6	-20	-100	-19	-23	3.29	41%	-0.28	-1.7	2.14%	0	-1	56	0.6

21	Sep_25_2019	14.23	13.41	13.66	13.45	13.36	13.13	13.12(-0.15%)	CR	SmallShort	-20	-0.8	-12	-140	-20	12	3.55	38%	-0.21	4.7	2.15%	0	-0.7	56	0.7
22	Sep_24_2019	14.26	13.39	13.72	13.62	13.61	13.33	13.14(-1.94%)	N/A	N/A	0	-1.1	-4	-150	-21	46	4.16	38%	-0.28	5	2.21%	0	-0.6	59	0.5
23	Sep_23_2019	14.3	13.39	13.74	13.81	13.79	13.59	13.4(-1.33%)	UD	OpenLong	65	-1	8	-110	-16	78	3.18	38%	-0.28	12.1	2.2%	0	-0	67	1
24	Sep_20_2019	14.34	13.39	13.71	13.92	13.79	13.88	13.58(-3%)	UD	OpenLong	65	-0.8	20	-30	-4	91	10.79	38%	-0.28	14	2.2%	0	0.4	57	1.1
25	Sep_19_2019	14.38	13.41	13.65	13.95	13.96	13.98	14(0%)	UT	HoldLong	50	0.1	26	10	3	95	5.55	40%		15.6	2.17%	0	1.4	66	1.7
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.