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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
Sell
4Bullish
5Neutral
13Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Strong Sell
1Bullish
0Neutral
11Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -0.67, suggesting Tencent Music Entertainment Group Class A is a Buy.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 44.18, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$43.3, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 45.04, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$43.3, making it a Sell.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Nov 21, 2024, 09:36 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
43.47
43.73
44.12
44.38
44.77
45.03
45.42
Fibonacci
43.73
43.98
44.14
44.38
44.63
44.79
45.03
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

Nov 21, 2024, 09:36 PM
Period
Simple
Exponential
MA5
42.74Buy
43.37Sell
MA10
43.76Sell
43.60Sell
MA20
44.12Sell
44.18Sell
MA50
44.48Sell
45.04Sell
MA100
47.35Sell
46.00Sell
MA200
47.45Sell
44.89Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 43.60, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$43.3, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 46.00, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$43.3, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$43.3 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 44.48, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$43.3 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 47.35, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$43.3 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 47.45, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Nov 21, 2024, 09:36 PM
Name
Value
Implied Action
RSI (14)
46.63
Neutral
STOCH (9,6)
51.00
Neutral
STOCHRSI (14)
50.86
Neutral
MACD (12,26)
-0.67
Buy
ADX (14)
10.50
Buy
Williams %R
-53.45
Buy
CCI (14)
-48.99
Neutral
ATR (14)
2.13
-
Ultimate Oscillator
47.76
Neutral
ROC
-1.93
Sell
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 46.63, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 10.50, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is -48.99, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is -1.93, creating a Sell 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 46.63, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -0.67, which suggests 1698 is a Buy.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 42.74, which suggests 1698 is a Buy.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 44.12, which suggests 1698 is a Sell.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 44.48, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 47.45, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -53.45, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is -48.99, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?
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