MEX Equity Snapshot

TMEN Weekly Equity Report

Tencent Music Entertainment Group

Interactive chart JSON snapshot
Latest Close 163.0 MXN 12 Jun 2026
1W Return -0.3% latest completed week
4W Return 8.3% short-term follow-through
12W Return -9.2% quarterly tape
Trend Breadth 42.3% 22 of 52 weeks active
Volume Ratio 0.0x vs 13-week average
Company Brief

What the company does

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 …

Snapshot

What the weekly tape is saying

TMEN closed the latest completed week at 163.0 MXN. The 4-week return is 8.3% and the 12-week return is -9.2%. Trend Signal is inactive, Market Dynamics is 0.02. Setup signature: Risk-first tape with a 24/100 composite read.

Trend Signal Inactive
Market Dynamics Buy signal
Price vs Trend -33.6%
Volume 0.0x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 23 Persistence of active Trend Signal over the last year and current streak.
Momentum 61 Blend of 4-week and 12-week follow-through.
Dynamics 59 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 1 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
245.4 MXN
Vs Trend Line
-33.6%
Fair Value
236.8 MXN
Vs Fair Value
-31.2%
52W High
493.6 MXN
52W Low
150.5 MXN
Drawdown
-67.0%
Range Position
3.6%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -0.3%
4W 8.3%
12W -9.2%
26W -50.6%
52W -54.0%

Trend read

Active Streak
0 weeks
52W Active Weeks
22
52W Active Breadth
42.3%
Sector Scope
MX Communication Services
Sector Rank
21 of 40
Sector Percentile
48.7%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.02
4W MD Change
102.9%
Relative Strength
-52.95
4W RS Change
9.8%
Expectation
Negative
Probability
10.28%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
10
13W Average
424
52W Average
196
Vs 13W
0.0x
Vs 52W
0.1x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
9.1%
52W Volatility
6.9%
Upside Weeks
12
Downside Weeks
17
Downside Breadth
32.7%
Avg Gain / Loss
5.2% / -7.4%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
MEX
Country
MX
Sector
Communication Services
Industry
Internet Content & Information
Currency
MXN
Market Cap
267.4B

Opportunity signals

  • Market Dynamics is positive on the latest completed week.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • The share remains more than 20% below its 52-week high.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 163.0 MXN -0.3% 245.4 MXN 236.8 MXN 0.02 -52.95 10 Off
5 Jun 2026 163.5 MXN 5.5% 251.6 MXN 236.6 MXN -0.17 -52.19 811 Off
29 May 2026 155.0 MXN 0.0% 260.4 MXN 236.5 MXN -0.40 -56.80 0 Off
22 May 2026 155.0 MXN 3.0% 269.7 MXN 236.4 MXN -0.51 -57.17 1.2K Off
15 May 2026 150.5 MXN -7.1% 279.1 MXN 236.3 MXN -0.68 -58.69 1.4K Off
8 May 2026 162.0 MXN -6.9% 288.5 MXN 236.3 MXN -0.76 -57.23 690 Off
1 May 2026 174.0 MXN 0.0% 297.3 MXN 236.1 MXN -0.92 -53.14 0 Off
24 Apr 2026 174.0 MXN 0.0% 306.5 MXN 235.8 MXN -1.01 -54.38 0 Off
17 Apr 2026 174.0 MXN 12.3% 315.6 MXN 235.5 MXN -1.03 -55.06 200 Off
10 Apr 2026 155.0 MXN -8.7% 325.4 MXN 235.3 MXN -1.06 -60.39 18 Off
3 Apr 2026 169.8 MXN 0.1% 335.5 MXN 235.2 MXN -1.05 -56.80 0 Off
27 Mar 2026 169.5 MXN -5.6% 345.0 MXN 235.0 MXN -1.02 -55.32 189 Off
20 Mar 2026 179.5 MXN -28.0% 355.8 MXN 234.8 MXN -0.97 -51.27 891 Off
13 Mar 2026 249.3 MXN 0.0% 366.3 MXN 234.8 MXN -1.00 -34.45 0 Off