Skip to main content
Indian stocks: Visit www.stage2stocks.com →

Tencent Music Entertainment Group Class A

Stage 4 · Declining · week 8

As of Oct 22, 2026, Tencent Music Entertainment Group is in Stage 4, the downtrend phase, now in week 8 (since Aug 27, 2026). It closed at $8.60, 62.8% below its 52-week high and below its 200-day average, which is falling.

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. More about the company

$8.60
+2.26% today
$14.0B · Large cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Accelerating ⇈

Edge

—

Is TME early, or has it already run? Pro answers that for every US stock we cover, after every close.

Get Pro · $19 a month

Renews monthly until you cancel. Cancel any time in Plan & billing.

Loading price chart…
Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 36w
S2 32w
S4 31w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 10w → S1 5w → S2 36w → S3 7w → S4 6w → S1 7w → S4 6w → S1 6w → S2 32w → S3 8w → S4 31w → S1 3w → S4 8w current
Total tracked: 165 weeks across 13 stage runs.

TME among Internet Content & Information55th of 70 by relative strength

All 70 →
Stocks in Internet Content & Information ranked by relative strength, with stage and one-month change
#StockStageRS1M
1CCGStage 3 · wk 299−40.6%
2SJStage 4 · wk 1288+17.6%
3NBISStage 2 · wk 487−29.8%
4JOYYStage 2 · wk 2087+5.8%
5DIBSStage 4 · wk 586+8.5%
6MTCHStage 2 · wk 2383+14.0%
7GOOGLStage 3 · wk 1376−4.0%
8GOOGStage 3 · wk 1375−4.2%
…55TMEStage 4 · wk 818+4.6%
vs 52W High
-62.8%
$7.74 lo$23.09 hi
62.8% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 8
1w13w26w
Week 8, established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-17.3%
200 DMA: $10.40 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
0.60x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↑ ⇈
Short-term trend rising strongly, and accelerating
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+4.6%
3M
-2.9%
6M
-7.0%
YTD
-50.6%
1Y
-61.3%
Scan Membership
Breakout Watch
Latest: 2025-03-21
5 appearances in last 60 days. First seen: 2020-07-07.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 8 · Vol 0.60x
2026-10-21S4
Wk 8 · Vol 0.54x
2026-10-20S4
Wk 8 · Vol 0.44x
2026-10-19S4
Wk 8 · Vol 0.36x
2026-10-16S4
Wk 8 · Vol 0.48x
2026-10-15S4
Wk 7 · Vol 0.69x
2026-10-14S4
Wk 7 · Vol 0.50x
2026-10-13S4
Wk 7 · Vol 0.68x
2026-10-12S4
Wk 7 · Vol 0.39x
2026-10-09S4
Wk 7 · Vol 1.07x
2026-10-08S4
Wk 6 · Vol 0.49x
2026-10-07S4
Wk 6 · Vol 0.31x
Moving averages & range
50 DMA
$8.32
200 DMA
$10.40
52W High
$23.09
52W Low
$7.74
5D Low
$8.41
Resistance levels (recent highs)
20d High
$8.67
60d High
$9.90
120d High
$9.90
250d High
$23.09
Next resistance
+0.8%
to 20d High
P/E (TTM)
10.5
Forward 8.5
Earnings Growth (YoY)
+2.4%
Revenue +5.8%
ROE
+11.0%
Profit margin +26.3%
Dividend Yield
2.84%
P/B 1.2

Tencent Music Entertainment Group: quick answers

What stage is Tencent Music Entertainment Group in?

As of Oct 22, 2026, Tencent Music Entertainment Group (TME) is in Stage 4, the downtrend phase. It entered Stage 4 on Aug 27, 2026 and is in week 8. What the four stages mean

Is Tencent Music Entertainment Group in an uptrend?

No. Tencent Music Entertainment Group is in a Stage 4 downtrend. It trades 17.3% below its 200-day average, which is falling.

How far is Tencent Music Entertainment Group from its 52-week high?

Tencent Music Entertainment Group closed at $8.60 on Oct 22, 2026, 62.8% below its 52-week high of $23.09. Its 52-week low is $7.74.

How has Tencent Music Entertainment Group performed over the past year?

As of Oct 22, 2026, Tencent Music Entertainment Group is down 61.3% over the past year and down 50.6% so far in 2026.

Which sector and industry is Tencent Music Entertainment Group in?

Tencent Music Entertainment Group is in the Internet Content & Information industry, part of the Communication Services sector.

About this companyCommunication Services· Internet Content & Information

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.