TMETencent Music Entertainment Group
What is the market doing?
No clear lean: rangebound and lightly shorted.
Rangebound, no clear trend. Overbought (RSI 73). Price is −19% vs its 200-day average.
Lightly shorted, settled Sep 30, 2026, about a week of normal trading to cover. Up 7.3% since the previous count, down from 2.2% of shares outstanding three months ago.
Where this answer is blind. Insider selling is often routine (taxes, diversification); only cluster buying is a strong tell.
How TME is trading
Tencent Music Entertainment Group is −61% over the past year while the S&P 500 is +16%: 77 points behind the market.
1-year return · S&P 500 +16%
- vs 200-day average
- −19%
vs 200-day average · a clear downtrend
- RSI (14)
- 73
RSI (14) · overbought, bought harder than it has been sold
- Below its 52-week high
- 63%
Below its 52-week high
Details›
- Last close2026-10-23
- $8.52
- 1 monthS&P 500 −0.94%
- +2.1%
- 1 yearS&P 500 +16%
- −61%
- 5 yearsS&P 500 +86%
- +17%
- vs 50-day average$8.32
- +2.4%
- 52-week high
- $23.09
- 52-week low
- $7.75
- Annualised volatility
- 48%
| Year | Return |
|---|---|
| 2026 (year to date) | −50% |
| 2025 | +56% |
| 2024 | +27% |
| 2023 | +8.8% |
| 2022 | +21% |
| 2021 | −64% |
| 2020 | +64% |
| 2019 | −11% |
| Month | Years | Positive | Average |
|---|---|---|---|
| Jan | 8 | 6 of 8 | +7.1% |
| Feb | 8 | 3 of 8 | −1.2% |
| Mar | 8 | 4 of 8 | −6.0% |
| Apr | 8 | 3 of 8 | −2.7% |
| May | 8 | 4 of 8 | +1.8% |
| Jun | 8 | 5 of 8 | +5.7% |
| Jul | 8 | 4 of 8 | −1.9% |
| Aug | 8 | 2 of 8 | −3.7% |
| Sep | 8 | 1 of 8 | −6.0% |
| Oct | 8 | 5 of 8 | +2.0% |
| Nov | 7 | 4 of 7 | +13% |
| Dec | 7 | 3 of 7 | +3.3% |
End-of-day closes from IEX; the S&P 500 comparison uses SPY over the same window. Prices are a reference point, not a basis for trading decisions.
Where the price stands
Its trend against the 50-day and 200-day averages, and the levels it keeps coming back to.
What it has returned
With dividends, year by year, month by month, and by calendar month on average.
Internet Content & Information
Ranks #3 of 30 by RyuScore