Trading Signals: TME Stock Price Prediction and Forecast

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

Thu. Apr. 21, 2022

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

(Tencent Music Entertainment )
TME latest price $4.1600 (-4.15%) ($4.1100 - $4.4050) on Thu. Apr. 21, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   7% (three month average)
RSI   38
Latest Price   $4.1600(-4.15%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TME declines -3.6% a day on average for past five trading days.
Weekly Trend   TME declines -6.2% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support TME advance at 0% a week (0% probability)
IBUY(80%)    KWEB(85%)    XBI(84%)    ARKK(83%)    IBB(81%)
Factors Impacting TME price   TME will decline at least -3.5% in a week (0% probabilities).
TLT(-84%)    TIP(-45%)    SHY(-17%)    UUP(-16%)    XLU(-6%)

Relative Volatility

Market Trend Strength   -3.5% (StdDev 7%)
Hourly BBV -1.3 ()
Intraday Trend -3.3%

1 - 5 Day Possible Target   $-6.95(-267.07%)
Resistance Level   $4.89
5 Day Moving Average   $4.5(-7.56%)
10 Day Moving Average   $4.69(-11.3%)
20 Day Moving Average   $4.89(-14.93%)
To recent high   -35.4%
To recent low   33.3%
Market Cap   $21.315b

$. TME price fluctuates within 6.13% (three month std-dev: 7%) daily (68% of days).

Sample size 44 Average positive next day return: 2.97%(39%) Average negative next day return: -3.38%(61%) Sample size 44 Average positive next three day return: 3.6%(50%) Average negative next three day return: -7.36%(50%) Sample size 44 Average positive next weekly return: 6.79%(41%) Average negative next weekly return: -8.76%(59%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220521

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_21_2022	5.69	4.89	4.69	4.5	4.44	4.32	4.16(-4.15%)	DT	OpenShort	-75	-1.1	-24	-230	-12	-58	15.13	51%	-0.52	-36.4	7%	-1.3	-2.4	38	1.3
2	Apr_20_2022	5.72	4.95	4.78	4.67	4.62	4.44	4.34(-4.82%)	DT	OpenShort	-75	-1.3	-16	-300	-8	-40	16.68	51%	-0.52	-12	7.01%	-1.3	-2.3	39	0.7
3	Apr_19_2022	5.75	4.99	4.87	4.78	4.76	4.57	4.56(1.11%)	DP	OpenShort	-75	-1	-13	-290	-7	-30	17.85	51%	-0.35	30.6	6.99%	-0.4	-2	38	0.8
4	Apr_18_2022	5.77	5	4.95	4.86	4.87	4.8	4.51(-8.15%)	DT	OpenShort	-75	-1.7	-10	-90	-6	-20	19.89	51%	-0.52	77.9	6.99%	-1.6	-2.3	36	1
5	Apr_14_2022	5.8	5.03	4.95	4.94	4.94	4.96	4.91(-2.19%)	DT	HoldShort	-50	-0.1	-1	30	2	-9	7.55	54%	-0.34	107.4	6.93%	-0.8	-0.5	51	1.5

6	Apr_13_2022	5.82	5	4.95	4.91	4.92	4.94	5.02(2.87%)	DP	OpenShort	-75	0.4	-5	30	-0	-18	7.99	52%	-0.51	106.3	6.93%	0.5	0.1	46	1.5
7	Apr_12_2022	5.85	4.98	5	4.92	4.9	4.93	4.88(-1.61%)	DT	OpenShort	-75	-0.1	-9	30	-3	-25	15.06	52%	-0.51	73.2	6.95%	-1.7	-0.3	40	1
8	Apr_11_2022	5.88	4.93	5.03	4.98	4.93	4.9	4.96(1.02%)	DP	OpenShort	-75	-0	-9	-70	-5	-19	14.54	53%	-0.51	50.5	6.95%	0.7	0.1	49	0.1
9	Apr_8_2022	5.91	4.84	5.05	5.06	5.01	4.86	4.91(2.72%)	DP	OpenShort	-75	-0.2	-2	-240	-2	-2	20.49	53%	-0.34	39.6	6.94%	0.5	0.1	58	0.7
10	Apr_7_2022	5.93	4.78	5.06	5.08	5.14	4.96	4.78(-5.53%)	DT	OpenShort	-75	-0.5	-3	-210	-3	-2	17.73	53%	-0.67	30.6	6.99%	-0.9	0	48	1.3

11	Apr_6_2022	5.97	4.74	5.11	5.1	5.2	5.16	5.06(-2.5%)	UD	OpenLong	75	-0.1	4	0	0	17	13.42	53%	-0.5	25.3	6.96%	-0.7	0.5	66	1.1
12	Apr_5_2022	6	4.71	5.14	5.1	5.16	5.32	5.19(-3.17%)	UD	OpenLong	75	0.2	8	260	1	28	12.86	53%	-0.66	18.9	6.98%	-0.2	0.7	59	0.5
13	Apr_4_2022	6.04	4.66	5.13	5.08	5.09	5.24	5.36(7.2%)	UT	OpenLong	75	0.4	16	210	3	55	21.66	52%	-0.49	12.7	6.97%	1.1	1.1	72	-0.1
14	Apr_1_2022	6.07	4.61	5.13	5.06	5.08	5	5(2.67%)	UT	OpenLong	75	-0.1	21	-100	1	82	20.57	50%	-0.65	4.2	6.89%	-0	0.6	74	-0.5
15	Mar_31_2022	6.11	4.59	5.06	5.05	5.09	4.94	4.87(-2.21%)	UD	OpenLong	65	-0.3	23	-180	-6	111	20.68	50%	-0.49	-2.5	6.93%	-0.6	0.5	68	-0.9

16	Mar_30_2022	6.14	4.58	5.01	5.12	5.11	5.16	4.98(-4.41%)	UD	OpenLong	65	-0.2	29	60	-5	129	26.01	54%	-0.49	-3.3	6.93%	-1.3	0.6	62	-0.7
17	Mar_29_2022	6.17	4.59	4.98	5.2	5.15	5.24	5.21(-0.19%)	UD	OpenLong	75	0	39	90	3	147	18.7	52%	-0.48	-1.4	7.16%	0.6	1	58	-0.9
18	Mar_28_2022	6.2	4.58	4.82	5.17	5.11	5.05	5.22(5.24%)	UT	OpenLong	75	0.1	39	-120	6	137	15.24	52%	-0.48	-3.8	7.19%	1.3	1	59	-1.5
19	Mar_25_2022	6.23	4.59	4.63	5.06	5.07	5.06	4.96(-4.98%)	UD	OpenLong	65	-0.2	25	-10	-2	104	18.97	52%	-0.48	-10.3	7.11%	-1.2	0.6	58	-0.9
20	Mar_24_2022	6.26	4.59	4.48	5.08	5	5.17	5.22(-2.79%)	UD	OpenLong	75	0.2	34	190	13	95	22.81	52%	-0.48	-12.9	7.14%	-0.1	0.9	57	-0.7

21	Mar_23_2022	6.29	4.59	4.35	4.87	4.86	5.07	5.37(5.29%)	UT	OpenLong	75	0.7	22	300	11	54	38.29	52%	-0.47	-25.6	7.19%	1.1	1.1	55	-0.8
22	Mar_22_2022	6.32	4.6	4.24	4.73	4.62	4.82	5.1(9.68%)	UT	OpenLong	75	0.5	23	230	21	28	44.58	52%	-0.47	-36.5	7.16%	1.1	0.7	50	-1
23	Mar_21_2022	6.35	4.61	4.15	4.42	4.49	4.65	4.65(-8.1%)	N/A	N/A	0	0.3	13	300	24	-22	30.42	51%	-0.47	-49.1	7.05%	0.1	0.1	47	-1.2
24	Mar_18_2022	6.38	4.65	4.11	4.12	4.16	4.42	5.06(20.76%)	N/A	N/A	0	1.3	3	470	27	-71	51.2	52%	-0.47	-58.5	6.98%	1.9	0.6	48	0.2
25	Mar_17_2022	6.41	4.69	4.05	3.79	3.79	4.33	4.19(-9.5%)	DP	OpenShort	-65	0.5	-27	1000	8	-133	34.74	47%		-66	6.5%	0.2	-0.6	39	-0.9
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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