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

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Summary of all the Indicators

Overall Consensus
Sell
5Bullish
3Neutral
13Bearish
Technical Analysis Consensus
Buy
4Bullish
3Neutral
2Bearish
Moving Average Consensus
Strong Sell
1Bullish
0Neutral
11Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -0.57, suggesting Tencent Music Entertainment Group Class A is a Sell.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 31.78, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$34.12, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 33.01, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$34.12, making it a Sell.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Oct 08, 2026, 07:01 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
30.03
30.27
30.61
30.85
31.19
31.43
31.77
Fibonacci
30.27
30.49
30.63
30.85
31.07
31.21
31.43
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

Oct 08, 2026, 07:01 AM
Period
Simple
Exponential
MA5
31.00Buy
31.15Sell
MA10
31.68Sell
31.39Sell
MA20
31.50Sell
31.78Sell
MA50
33.63Sell
33.01Sell
MA100
34.29Sell
35.99Sell
MA200
43.49Sell
46.18Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 31.39, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$34.12, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 35.99, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$34.12, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$34.12 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 33.63, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$34.12 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 34.29, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$34.12 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 43.49, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Oct 08, 2026, 07:01 AM
Name
Value
Implied Action
RSI (14)
42.50
Neutral
STOCH (9,6)
17.13
Buy
STOCHRSI (14)
17.13
Buy
MACD (12,26)
-0.57
Sell
ADX (14)
13.95
Buy
Williams %R
-74.31
Buy
CCI (14)
-57.23
Neutral
ATR (14)
0.90
-
Ultimate Oscillator
48.74
Neutral
Bull/Bear Power (13)
-1.13
Sell
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 42.50, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 13.95, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is -57.23, creating a Neutral signal.

FAQ

Is 1698 a Buy, Hold, or Sell?
Based on 1698’s technical indicators, 1698 is a Sell.
    What is 1698’s RSI (14)?
    1698’s RSI (14) is 42.50, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -0.57, which suggests 1698 is a Sell.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 31.00, which suggests 1698 is a Buy.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 31.50, which suggests 1698 is a Sell.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 33.63, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 43.49, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -74.31, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is -57.23, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?