tiprankstipranks
Trending News
More News >
Tencent Music Entertainment Group Class A (HK:1698)
:1698
Hong Kong Market

Tencent Music Entertainment Group Class A (1698) Technical Analysis

Compare
11 Followers

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 -2.78, suggesting Tencent Music Entertainment Group Class A is a Sell.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 56.97, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$61.85, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 62.09, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$61.85, making it a Sell.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Mar 17, 2026, 07:06 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
49.60
50.65
51.75
52.80
53.90
54.95
56.05
Fibonacci
50.65
51.47
51.98
52.80
53.62
54.13
54.95
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

Mar 17, 2026, 07:06 AM
Period
Simple
Exponential
MA5
54.03Buy
54.11Sell
MA10
54.61Sell
54.93Sell
MA20
57.24Sell
56.97Sell
MA50
62.68Sell
62.09Sell
MA100
70.14Sell
67.62Sell
MA200
77.86Sell
70.88Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 54.93, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$61.85, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 67.62, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$61.85, making it a Sell.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$61.85 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 62.68, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$61.85 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 70.14, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$61.85 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 77.86, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Mar 17, 2026, 07:06 AM
Name
Value
Implied Action
RSI (14)
38.65
Neutral
STOCH (9,6)
37.64
Neutral
STOCHRSI (14)
23.29
Neutral
MACD (12,26)
-2.78
Sell
ADX (14)
35.63
Neutral
Williams %R
-66.90
Buy
CCI (14)
-76.93
Neutral
ATR (14)
2.22
-
Ultimate Oscillator
51.23
Neutral
ROC
-10.58
Sell
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 38.65, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 35.63, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is -76.93, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is -10.58, 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 38.65, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -2.78, which suggests 1698 is a Sell.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 54.03, which suggests 1698 is a Buy.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 57.24, which suggests 1698 is a Sell.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 62.68, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 77.86, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -66.90, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is -76.93, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?