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Uptrend Call Working As Tencent Holdings Stock Rises 22.9% (TCTZF)

By Nick Russo

SmarTrend identified an Uptrend for Tencent Holdings (NASDAQ:TCTZF) on January 5th, 2017 at $24.83. In approximately 4 months, Tencent Holdings has returned 22.94% as of today's recent price of $30.52.

In the past 52 weeks, shares of Tencent Holdings have traded between a low of $14.71 and a high of $30.86 and are now at $30.52, which is 107% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

Tencent Holdings Limited provides Internet, mobile, and telecommunication value-added services in China. The Company has an instant messaging community in China. Tencent also provides online advertising services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Tencent Holdings shares.

Log in and add Tencent Holdings (TCTZF) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights tencent holdings

Ticker(s): TCTZF