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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

11 Followers

Summary of all the Indicators

Overall Consensus
Sell
5Bullish
2Neutral
15Bearish
Technical Analysis Consensus
Buy
5Bullish
2Neutral
3Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -5.65, suggesting Tencent Music Entertainment Group Class A is a Buy.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 42.90, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$35.5, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 51.63, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$35.5, making it a Sell.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Apr 07, 2026, 11:00 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
34.41
35.21
35.85
36.65
37.29
38.09
38.73
Fibonacci
35.21
35.76
36.10
36.65
37.20
37.54
38.09
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

Apr 07, 2026, 11:00 PM
Period
Simple
Exponential
MA5
36.40Sell
36.51Sell
MA10
37.32Sell
38.52Sell
MA20
44.24Sell
42.90Sell
MA50
53.86Sell
51.63Sell
MA100
62.02Sell
59.54Sell
MA200
73.93Sell
66.81Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 38.52, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$35.5, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 59.54, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$35.5, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$35.5 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 53.86, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$35.5 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 62.02, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$35.5 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 73.93, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Apr 07, 2026, 11:00 PM
Name
Value
Implied Action
RSI (14)
22.89
Buy
STOCH (9,6)
3.10
Buy
STOCHRSI (14)
0.69
Buy
MACD (12,26)
-5.65
Buy
ADX (14)
47.00
Neutral
Williams %R
-98.76
Buy
CCI (14)
-82.57
Neutral
ATR (14)
2.45
-
Ultimate Oscillator
-0.43
Sell
ROC
-32.68
Sell
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 22.89, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 47.00, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is -82.57, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is -32.68, 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 22.89, which suggests 1698 is a Buy.
      What is 1698’s MACD?
      1698’s MACD is -5.65, which suggests 1698 is a Buy.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 36.40, which suggests 1698 is a Sell.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 44.24, which suggests 1698 is a Sell.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 53.86, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 73.93, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -98.76, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is -82.57, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?