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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
5Bullish
3Neutral
14Bearish
Technical Analysis Consensus
Buy
5Bullish
3Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -1.12, suggesting Tencent Music Entertainment Group Class A is a Buy.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 34.30, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$34.24, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 36.99, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$34.24, making it a Sell.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Jun 30, 2026, 11:05 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
30.57
31.29
31.73
32.45
32.89
33.61
34.05
Fibonacci
31.29
31.73
32.00
32.45
32.89
33.16
33.61
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

Jun 30, 2026, 11:05 AM
Period
Simple
Exponential
MA5
32.40Sell
32.45Sell
MA10
33.85Sell
33.35Sell
MA20
34.89Sell
34.30Sell
MA50
35.87Sell
36.99Sell
MA100
43.58Sell
43.85Sell
MA200
61.14Sell
59.01Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 33.35, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$34.24, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 43.85, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$34.24, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$34.24 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 35.87, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$34.24 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 43.58, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$34.24 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 61.14, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Jun 30, 2026, 11:05 AM
Name
Value
Implied Action
RSI (14)
31.60
Neutral
STOCH (9,6)
10.12
Buy
STOCHRSI (14)
10.12
Buy
MACD (12,26)
-1.12
Buy
ADX (14)
21.86
Neutral
Williams %R
-94.85
Buy
CCI (14)
-174.65
Buy
ATR (14)
1.21
-
Ultimate Oscillator
34.10
Neutral
ROC
-12.37
Sell
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 31.60, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 21.86, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is -174.65, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is -12.37, 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 31.60, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -1.12, which suggests 1698 is a Buy.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 32.40, which suggests 1698 is a Sell.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 34.89, which suggests 1698 is a Sell.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 35.87, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 61.14, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -94.85, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is -174.65, which suggests 1698 is a Buy.
                    What is the share price of Tencent Music Entertainment Group Class A?