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Tencent Music Entertainment Group Class A (HK:1698)
:1698
Hong Kong Market

Tencent Music Entertainment Group Class A (1698) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
14Bullish
3Neutral
5Bearish
Technical Analysis Consensus
Sell
2Bullish
3Neutral
5Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is 2.43, suggesting Tencent Music Entertainment Group Class A is a Sell.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 55.46, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$64.25, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 52.78, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$64.25, making it a Buy.

Tencent Music Entertainment Group Class A (1698) Pivot Points

May 17, 2025, 08:13 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
52.37
54.63
58.07
60.33
63.77
66.03
69.47
Fibonacci
54.63
56.81
58.16
60.33
62.51
63.86
66.03
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Tencent Music Entertainment Group Class A (1698) Moving Averages

May 17, 2025, 08:13 PM
Period
Simple
Exponential
MA5
58.98Buy
60.27Buy
MA10
57.09Buy
57.78Buy
MA20
53.77Buy
55.46Buy
MA50
52.56Buy
52.78Buy
MA100
49.02Buy
50.70Buy
MA200
47.05Buy
49.70Buy
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 57.78, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$64.25, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 50.70, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$64.25, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$64.25 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 52.56, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$64.25 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 49.02, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$64.25 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 47.05, creating a Buy signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

May 17, 2025, 08:13 PM
Name
Value
Implied Action
RSI (14)
72.96
Sell
STOCH (9,6)
73.14
Neutral
STOCHRSI (14)
81.38
Sell
MACD (12,26)
2.43
Sell
ADX (14)
21.19
Neutral
Williams %R
-11.40
Sell
CCI (14)
240.55
Sell
ATR (14)
3.05
-
Ultimate Oscillator
55.12
Neutral
ROC
30.10
Buy
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 72.96, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 21.19, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is 240.55, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is 30.10, creating a Buy signal.

FAQ

Is 1698 a Buy, Hold, or Sell?
Based on 1698’s technical indicators, 1698 is a Buy.
    What is 1698’s RSI (14)?
    1698’s RSI (14) is 72.96, which suggests 1698 is a Sell.
      What is 1698’s MACD?
      1698’s MACD is 2.43, which suggests 1698 is a Sell.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 58.98, which suggests 1698 is a Buy.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 53.77, which suggests 1698 is a Buy.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 52.56, which suggests 1698 is a Buy.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 47.05, which suggests 1698 is a Buy.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -11.40, which suggests 1698 is a Sell.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is 240.55, which suggests 1698 is a Sell.
                    What is the share price of Tencent Music Entertainment Group Class A?
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