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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
Strong Sell
2Bullish
6Neutral
14Bearish
Technical Analysis Consensus
Sell
1Bullish
6Neutral
3Bearish
Moving Average Consensus
Strong Sell
1Bullish
0Neutral
11Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -2.37, suggesting Tencent Music Entertainment Group Class A is a Sell.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 71.98, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$69.95, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 77.21, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$69.95, making it a Sell.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Dec 23, 2025, 09:24 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
69.00
69.35
69.95
70.30
70.90
71.25
71.85
Fibonacci
69.35
69.71
69.94
70.30
70.66
70.89
71.25
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 23, 2025, 09:24 PM
Period
Simple
Exponential
MA5
69.59Buy
70.07Sell
MA10
70.58Sell
70.52Sell
MA20
71.29Sell
71.98Sell
MA50
78.75Sell
77.21Sell
MA100
86.48Sell
79.48Sell
MA200
75.55Sell
71.41Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 70.52, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$69.95, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 79.48, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$69.95, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$69.95 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 78.75, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$69.95 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 86.48, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$69.95 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 75.55, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Dec 23, 2025, 09:24 PM
Name
Value
Implied Action
RSI (14)
38.91
Neutral
STOCH (9,6)
38.68
Neutral
STOCHRSI (14)
32.71
Neutral
MACD (12,26)
-2.37
Sell
ADX (14)
35.94
Neutral
Williams %R
-68.22
Buy
CCI (14)
-85.12
Neutral
ATR (14)
1.74
-
Ultimate Oscillator
53.91
Neutral
ROC
-2.03
Sell
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 38.91, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 35.94, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is -85.12, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is -2.03, creating a Sell signal.

FAQ

Is 1698 a Buy, Hold, or Sell?
Based on 1698’s technical indicators, 1698 is a Strong Sell.
    What is 1698’s RSI (14)?
    1698’s RSI (14) is 38.91, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -2.37, which suggests 1698 is a Sell.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 69.59, which suggests 1698 is a Buy.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 71.29, which suggests 1698 is a Sell.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 78.75, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 75.55, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -68.22, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is -85.12, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?