US stock / ETF

Tencent Music Entertainment Group

TME · NYSE · USD

1 hourBullish81%
1h Upside probability 81%Bullish

TME 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $9.14 and reclaim $9.76.

Invalidation Trigger

Lose $9.14 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 53.6, MACD 0.018

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.06458 (0.68%)

1h

EMA Structure

Bullish
EMA 8$9.51Bullish
EMA 21$9.49Bullish
EMA 50$9.47Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.6 · MACD 0.018

Neutral zone

Strength
Bullish
Volatility
ATR $0.06458 · BB 3.25%

Low volatility

Strength
Bullish
Volume
MFI 64.0 · OBV 0.77%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$9.14 - $9.76

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.09% · 4.6 ATR above latest close

$9.82
Nearest resistance

+2.41% · 3.6 ATR above · 34-bar high

$9.76
Current price

Price shown is delayed

$9.53
Nearest support

-4.09% · 6.0 ATR below · 34-bar low

$9.14
Deeper support zone

-4.77% · 7.0 ATR below latest close

$9.08
ATR zone

Latest close ± ATR14

$9.47 - $9.59

Indicators

Trend

Dow Theory Structure

Confirmation $9.56, invalidation $9.34

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

42.2 / 52.2 / 0.1Bullish
Supertrend (10,3)

Price is above Supertrend

$9.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$9.45 / $9.54Bearish
Donchian Channel (20)

20-period breakout channel position

76%Range

Volatility

ATR (14)

Low volatility

$0.06458 (0.68%)Bullish
Bollinger Bands (20,2)

Width 3.25%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$9.62 / $9.35Bullish
ATR channel lower / upper

Current Volatility Envelope

$9.47 / $9.59Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$9.76Range
Support

Nearest Downside Decision Level

$9.14Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is positive

0.018Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.6 / 83.3Bearish
Williams %R (14)

Overbought zone

-19.4Bearish
CCI (20)

Strong expansion

116.3Bullish
TD Sequential

Setup is not extreme

neutral 0Range

Volume / Money Flow

MFI (14)

Money flow is strong

64.0Bullish
OBV slope

20-period OBV slope

0.77%Bullish
Volume ratio

Relative to 20-period average volume

1.41xBullish

Trend

Dow Theory Structure

Confirmation $9.56, invalidation $9.34

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

42.2 / 52.2 / 0.1Bullish
Supertrend (10,3)

Price is above Supertrend

$9.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$9.45 / $9.54Bearish
Donchian Channel (20)

20-period breakout channel position

76%Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is positive

0.018Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.6 / 83.3Bearish
Williams %R (14)

Overbought zone

-19.4Bearish
CCI (20)

Strong expansion

116.3Bullish
TD Sequential

Setup is not extreme

neutral 0Range

Volatility

ATR (14)

Low volatility

$0.06458 (0.68%)Bullish
Bollinger Bands (20,2)

Width 3.25%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$9.62 / $9.35Bullish
ATR channel lower / upper

Current Volatility Envelope

$9.47 / $9.59Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

64.0Bullish
OBV slope

20-period OBV slope

0.77%Bullish
Volume ratio

Relative to 20-period average volume

1.41xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$9.76Range
Support

Nearest Downside Decision Level

$9.14Range

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