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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
4Neutral
4Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is 2.35, suggesting Tencent Music Entertainment Group Class A is a Sell.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 48.38, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$53.25, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 46.30, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$53.25, making it a Buy.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Feb 21, 2025, 03:13 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
50.27
50.98
52.12
52.83
53.97
54.68
55.82
Fibonacci
50.98
51.69
52.13
52.83
53.54
53.98
54.68
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

Feb 21, 2025, 03:13 PM
Period
Simple
Exponential
MA5
52.47Sell
51.89Sell
MA10
50.35Buy
50.50Buy
MA20
47.38Buy
48.38Buy
MA50
45.66Buy
46.30Buy
MA100
45.72Buy
45.90Buy
MA200
48.49Buy
47.18Buy
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 50.50, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$53.25, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 45.90, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$53.25, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$53.25 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 45.66, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$53.25 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 45.72, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$53.25 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 48.49, creating a Buy signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Feb 21, 2025, 03:13 PM
Name
Value
Implied Action
RSI (14)
64.22
Neutral
STOCH (9,6)
76.96
Neutral
STOCHRSI (14)
80.66
Sell
MACD (12,26)
2.35
Sell
ADX (14)
17.38
Buy
Williams %R
-30.45
Buy
CCI (14)
92.16
Neutral
ATR (14)
2.14
-
Ultimate Oscillator
65.30
Neutral
ROC
14.44
Buy
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 64.22, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 17.38, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is 92.16, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is 14.44, 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 64.22, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is 2.35, which suggests 1698 is a Sell.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 52.47, which suggests 1698 is a Sell.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 47.38, which suggests 1698 is a Buy.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 45.66, which suggests 1698 is a Buy.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 48.49, which suggests 1698 is a Buy.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -30.45, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is 92.16, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?
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