US stock / ETF
Tencent Music Entertainment Group
TME · NYSE · USD
TME 1M chart
Market View
Monthly: price is below EMA21, short trend is weak
Recover $13.39 and stabilize above resistance $26.7.
Break above $26.7 with RSI back above 50.
Market Context
Price is below EMA21
MonthlyRSI 38.6, MACD -1.468
MonthlyATR is $3.09 (34.19%)
MonthlyEMA Structure
RangeSignals
Momentum is weak
High volatility
Relative to 20-period average volume
Support/Resistance Distance
Key Levels
+229.87% · 6.7 ATR above latest close
+195.68% · 5.7 ATR above · 34-bar high
Price shown is delayed
-32.56% · 1.0 ATR below · 34-bar low
-66.75% · 2.0 ATR below latest close
Latest close ± ATR14
Indicators
Trend
Confirmation $26.7, invalidation $9.41
Trend strength is active
Price is above Supertrend
Cloud Span A / Span B
20-period breakout channel position
Volatility
High volatility
Width 132.88%
ATR channel lower / upper
Current Volatility Envelope
Levels / Risk
Nearest Upside Decision Level
Nearest Downside Decision Level
Momentum
Momentum is weak
Histogram is negative
%K / %D momentum cross
Oversold zone
Weak expansion
Exhaustion setup is near completion
Volume / Money Flow
Money flow is weak
20-period OBV slope
Relative to 20-period average volume
Trend
Confirmation $26.7, invalidation $9.41
Trend strength is active
Price is above Supertrend
Cloud Span A / Span B
20-period breakout channel position
Momentum
Momentum is weak
Histogram is negative
%K / %D momentum cross
Oversold zone
Weak expansion
Exhaustion setup is near completion
Volatility
High volatility
Width 132.88%
ATR channel lower / upper
Current Volatility Envelope
Volume / Money Flow
Money flow is weak
20-period OBV slope
Relative to 20-period average volume
Levels / Risk
Nearest Upside Decision Level
Nearest Downside Decision Level