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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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4 Followers

Summary of all the Indicators

Overall Consensus
Strong Buy
16Bullish
5Neutral
1Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is 1.72, suggesting Tencent Music Entertainment Group Class A is a Sell.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 52.62, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$54.7, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 50.06, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$54.7, making it a Buy.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Mar 27, 2025, 09:06 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
52.12
53.33
54.02
55.23
55.92
57.13
57.82
Fibonacci
53.33
54.06
54.51
55.23
55.96
56.41
57.13
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

Mar 27, 2025, 09:06 PM
Period
Simple
Exponential
MA5
55.72Buy
55.14Buy
MA10
53.22Buy
54.04Buy
MA20
51.78Buy
52.62Buy
MA50
48.81Buy
50.06Buy
MA100
46.80Buy
48.45Buy
MA200
48.07Buy
49.02Buy
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 54.04, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$54.7, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 48.45, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$54.7, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$54.7 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 48.81, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$54.7 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 46.80, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$54.7 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 48.07, creating a Buy signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Mar 27, 2025, 09:06 PM
Name
Value
Implied Action
RSI (14)
58.45
Neutral
STOCH (9,6)
67.37
Neutral
STOCHRSI (14)
68.48
Neutral
MACD (12,26)
1.72
Sell
ADX (14)
18.04
Buy
Williams %R
-26.36
Buy
CCI (14)
95.17
Neutral
ATR (14)
2.83
-
Ultimate Oscillator
60.19
Neutral
ROC
1.82
Buy
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 58.45, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 18.04, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is 95.17, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is 1.82, 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 58.45, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is 1.72, which suggests 1698 is a Sell.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 55.72, which suggests 1698 is a Buy.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 51.78, which suggests 1698 is a Buy.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 48.81, which suggests 1698 is a Buy.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 48.07, which suggests 1698 is a Buy.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -26.36, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is 95.17, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?
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