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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
4Neutral
11Bearish
Technical Analysis Consensus
Sell
2Bullish
4Neutral
4Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -3.27, suggesting Tencent Music Entertainment Group Class A is a Sell.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 40.27, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$39.68, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 47.89, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$39.68, making it a Sell.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Apr 29, 2026, 04:22 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
37.67
38.11
38.95
39.39
40.23
40.67
41.51
Fibonacci
38.11
38.60
38.90
39.39
39.88
40.18
40.67
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 29, 2026, 04:22 AM
Period
Simple
Exponential
MA5
38.43Buy
38.74Buy
MA10
37.51Buy
38.40Buy
MA20
37.99Buy
40.27Sell
MA50
49.72Sell
47.89Sell
MA100
58.69Sell
56.37Sell
MA200
72.60Sell
65.56Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 38.40, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$39.68, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 56.37, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$39.68, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$39.68 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 49.72, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$39.68 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 58.69, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$39.68 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 72.60, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Apr 29, 2026, 04:22 AM
Name
Value
Implied Action
RSI (14)
41.40
Neutral
STOCH (9,6)
90.01
Sell
STOCHRSI (14)
85.79
Sell
MACD (12,26)
-3.27
Sell
ADX (14)
43.35
Neutral
Williams %R
-4.68
Sell
CCI (14)
49.93
Neutral
ATR (14)
1.90
-
Ultimate Oscillator
42.50
Neutral
ROC
3.74
Buy
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 41.40, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 43.35, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is 49.93, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is 3.74, creating a Buy 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 41.40, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -3.27, which suggests 1698 is a Sell.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 38.43, which suggests 1698 is a Buy.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 37.99, which suggests 1698 is a Buy.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 49.72, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 72.60, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -4.68, which suggests 1698 is a Sell.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is 49.93, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?