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AMEX
NYSE
NASDAQ
Index
fx
TME
NYSE
Tencent Music Entertainment Group ADR Represe
STAY SHORT
Close
8.5600
Prev.Close
8.6600
Change
-0.1000
Change%
-1.15%
BULLISH THREE OUTSIDE U...
Sold at
8.7900
Open
8.7900
High
8.8500
Low
8.5300
Close
8.5600
Gain%
-2.62%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
$100⇨
08/18
8.7900
SHORT
-2.6%
✔
99
08/14
8.7800
BUY
+0.1%
✔
99
07/30
9.4800
SELL
-7.4%
✔
100
07/24
8.8600
BUY
+7.0%
✔
93
07/22
8.8800
SELL
-0.2%
✔
93
07/16
9.2400
BUY
-3.9%
❌
97
06/17
8.8600
SELL
+4.3%
❌
98
06/10
9.2050
BUY
-3.7%
❌
102
06/03
9.2300
SELL
-0.3%
✔
102
05/18
8.7700
BUY
+5.2%
✔
97
05/08
9.2400
SELL
-5.1%
✔
97
05/06
9.2600
BUY
-0.2%
❌
98
04/21
10.0000
SELL
-7.4%
✔
98
04/08
9.3900
BUY
+6.5%
✔
92
03/17
12.7100
SELL
-26.1%
✔
92
03/09
13.7300
BUY
-7.4%
❌
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
$100⇨
08/18
8.7900
SHORT
-2.6%
✔
193
08/14
8.7800
BUY
+0.1%
✔
194
07/30
9.4800
SELL
-7.4%
✔
194
07/24
8.8600
BUY
+7.0%
✔
182
07/22
8.8800
SELL
-0.2%
✔
182
07/16
9.2400
BUY
-3.9%
❌
190
06/17
8.8600
SELL
+4.3%
❌
190
06/10
9.2050
BUY
-3.7%
❌
198
06/03
9.2300
SELL
-0.3%
✔
198
05/18
8.7700
BUY
+5.2%
✔
189
05/08
9.2400
SELL
-5.1%
✔
189
05/06
9.2600
BUY
-0.2%
❌
190
04/21
10.0000
SELL
-7.4%
✔
190
04/08
9.3900
BUY
+6.5%
✔
179
03/17
12.7100
SELL
-26.1%
✔
179
03/09
13.7300
BUY
-7.4%
❌
194
02/12
16.2100
SELL
-15.3%
✔
195
01/23
16.6900
BUY
-2.9%
❌
201
01/14
17.4600
SHORT
-4.4%
✔
193
01/12
17.6600
BUY
-1.1%
❌
196
01/07
17.2600
SHORT
+2.3%
❌
202
01/05
18.2300
BUY
-5.3%
❌
214
12/09
18.3800
SHORT
-0.8%
✔
213
12/02
18.4800
BUY
-0.5%
❌
215
10/29
22.9100
SELL
-19.3%
✔
215
10/27
23.4900
BUY
-2.5%
❌
221
10/14
22.4600
SHORT
+4.6%
❌
233
10/07
23.0400
BUY
-2.5%
❌
240
09/12
25.1000
SELL
-8.2%
✔
240
09/09
24.9050
BUY
+0.8%
✔
239
09/05
24.5100
SHORT
+1.6%
❌
244
08/07
21.9700
BUY
+11.6%
✔ 👍
219
07/24
21.2900
SELL
+3.2%
❌
220
07/17
21.7700
BUY
-2.2%
❌
225
07/10
20.0150
SELL
+8.8%
❌
226
06/24
18.7300
BUY
+6.9%
✔
212
06/17
18.2200
SELL
+2.8%
❌
212
06/04
17.5800
BUY
+3.6%
✔
205
05/29
17.6475
SELL
-0.4%
✔
205
05/13
14.4200
BUY
+22.4%
✔ 👍
168
05/08
14.2100
SELL
+1.5%
❌
168
04/15
12.7700
BUY
+11.3%
✔ 👍
152
04/04
13.1900
SHORT
-3.2%
✔
148
04/01
14.4600
BUY
-8.8%
❌
162
03/20
14.4600
SELL
0.0%
❌
163
03/17
13.0175
BUY
+11.1%
✔ 👍
147
03/14
12.5500
SHORT
+3.7%
❌
153
03/05
13.0800
BUY
-4.1%
❌
160
02/19
13.1000
SELL
-0.2%
✔
161
02/04
12.0100
BUY
+9.1%
✔
148
01/29
11.6400
SELL
+3.2%
❌
148
01/17
10.5200
BUY
+10.6%
✔ 👍
134
12/27
11.7200
SELL
-10.2%
✔
134
12/20
11.8600
BUY
-1.2%
❌
136
12/11
12.1100
SELL
-2.1%
✔
136
12/02
11.5900
BUY
+4.5%
✔
131
11/26
11.1200
SHORT
+4.2%
❌
137
11/15
10.9500
BUY
+1.6%
✔
135
10/30
11.4200
SHORT
-4.1%
✔
131
10/28
11.6700
BUY
-2.1%
❌
134
10/07
13.3900
SELL
-12.8%
✔
134
09/19
9.9300
BUY
+34.8%
✔ 👍
100
† Trade commissions are taken as 0.20%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
STAY SHORT
. The previous
SHORT
signal was issued on 08/18/2026, 10 days ago, when the stock price was 8.7900. Since then,
TME
has fallen by
-2.62%
.
Market Outlook
The bears have regained strength, and our bearish bet remains in place. The current price is considerably distant from the confirmation level, significantly lowering the probability of a bullish confirmation. Besides, the signal is suggesting to
STAY SHORT
. It is best to follow the signal and continue to
STAY SHORT
. The Delayed Intraday Module is OFF.
Pattern Description
This is a confirmed Bullish Engulfing pattern. The first two candlesticks follow the classic Bullish Engulfing pattern, and the third day provides its confirmation.
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