TME Stock Tencent Music Entertainment Group (TME, $14.85) was a top quarterly gainer, rising +45.07%. Expect an Uptrend reversal

A.I.dvisor
at Tickeron.com
06/14/24
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TME - Tencent Music Entertainment Group
3-month gain
Bearish Trend
Odds of DOWN Trend

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Price: $14.85
Daily change: +$0.51 (+3.56%)
Daily volume: 9.3M
3-month price change: +$4.61 (+45.07%)
Capitalization: $25.1B
Industry: Internet Software/Services
Tencent Music Entertainment Group (TME, $14.85) was one of top quarterly gainers, jumping +4 to $14.85 per share. A.I.dvisor analyzed 121 stocks in the Internet Software/Services Industry over the last three months, and discovered that of them () charted an Uptrend while of them () trended down. A.I.dvisor found 280 similar cases when TME's price went up within three months. In out of those 280 cases, TME's price went down during the following month. Based on these historical data, A.I. thinks the odds of an Uptrend reversal for TME are
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General Information

an online music entertainment platform

Industry InternetSoftwareServices

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
Kexing Science Park, Kejizhongsan Avenue
Phone
+86 75586013388
Employees
5805
Web
https://www.tencentmusic.com