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

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Summary of all the Indicators

Overall Consensus
Strong Buy
16Bullish
5Neutral
1Bearish
Technical Analysis Consensus
Buy
5Bullish
5Neutral
0Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is 0.53, suggesting Tencent Music Entertainment Group Class A is a Buy.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 46.26, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$48.15, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 45.75, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$48.15, making it a Buy.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Dec 22, 2024, 01:17 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
44.22
44.88
45.62
46.28
47.02
47.68
48.42
Fibonacci
44.88
45.42
45.75
46.28
46.82
47.15
47.68
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

Dec 22, 2024, 01:17 AM
Period
Simple
Exponential
MA5
46.10Buy
46.79Buy
MA10
47.17Buy
46.66Buy
MA20
46.18Buy
46.26Buy
MA50
45.46Buy
45.75Buy
MA100
44.95Buy
45.99Buy
MA200
48.24Sell
45.90Buy
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 46.66, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$48.15, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 45.99, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$48.15, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$48.15 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 45.46, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$48.15 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 44.95, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$48.15 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 48.24, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Dec 22, 2024, 01:17 AM
Name
Value
Implied Action
RSI (14)
57.09
Neutral
STOCH (9,6)
36.05
Neutral
STOCHRSI (14)
39.64
Neutral
MACD (12,26)
0.53
Buy
ADX (14)
14.70
Buy
Williams %R
-44.90
Buy
CCI (14)
50.81
Neutral
ATR (14)
1.87
-
Ultimate Oscillator
55.72
Neutral
ROC
9.06
Buy
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 57.09, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 14.70, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is 50.81, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is 9.06, creating a Buy signal.

FAQ

Is 1698 a Buy, Hold, or Sell?
Based on 1698’s technical indicators, 1698 is a Strong Buy.
    What is 1698’s RSI (14)?
    1698’s RSI (14) is 57.09, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is 0.53, which suggests 1698 is a Buy.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 46.10, which suggests 1698 is a Buy.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 46.18, which suggests 1698 is a Buy.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 45.46, which suggests 1698 is a Buy.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 48.24, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -44.90, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is 50.81, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?
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