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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
7Bullish
5Neutral
10Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Sell
3Bullish
0Neutral
9Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -0.35, suggesting Tencent Music Entertainment Group Class A is a Buy.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 35.53, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$36.5, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 35.98, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$36.5, making it a Sell.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Aug 22, 2026, 02:36 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
33.04
33.32
33.78
34.06
34.52
34.80
35.26
Fibonacci
33.32
33.60
33.78
34.06
34.34
34.52
34.80
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

Aug 22, 2026, 02:36 PM
Period
Simple
Exponential
MA5
34.40Buy
34.71Buy
MA10
35.22Sell
35.10Buy
MA20
36.20Sell
35.53Sell
MA50
35.23Sell
35.98Sell
MA100
35.87Sell
39.72Sell
MA200
50.68Sell
53.17Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 35.10, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$36.5, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 39.72, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$36.5, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$36.5 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 35.23, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$36.5 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 35.87, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$36.5 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 50.68, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Aug 22, 2026, 02:36 PM
Name
Value
Implied Action
RSI (14)
47.79
Neutral
STOCH (9,6)
22.83
Neutral
STOCHRSI (14)
22.83
Neutral
MACD (12,26)
-0.35
Buy
ADX (14)
13.05
Buy
Williams %R
-71.22
Buy
CCI (14)
-35.36
Neutral
ATR (14)
1.42
-
Ultimate Oscillator
38.09
Neutral
ROC
-8.73
Sell
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 47.79, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 13.05, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is -35.36, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is -8.73, 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 47.79, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -0.35, which suggests 1698 is a Buy.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 34.40, which suggests 1698 is a Buy.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 36.20, which suggests 1698 is a Sell.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 35.23, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 50.68, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -71.22, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is -35.36, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?