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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
Sell
6Bullish
2Neutral
14Bearish
Technical Analysis Consensus
Buy
6Bullish
2Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -1.81, suggesting Tencent Music Entertainment Group Class A is a Buy.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 63.90, 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 67.64, 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

Feb 24, 2026, 04:33 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
59.23
59.92
60.88
61.57
62.53
63.22
64.18
Fibonacci
59.92
60.55
60.94
61.57
62.20
62.59
63.22
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

Feb 24, 2026, 04:33 AM
Period
Simple
Exponential
MA5
62.16Sell
61.16Sell
MA10
62.88Sell
62.47Sell
MA20
64.09Sell
63.90Sell
MA50
67.19Sell
67.64Sell
MA100
75.36Sell
71.90Sell
MA200
78.26Sell
71.82Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 62.47, 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 71.90, 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 67.19, 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 75.36, 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 78.26, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Feb 24, 2026, 04:33 AM
Name
Value
Implied Action
RSI (14)
35.82
Neutral
STOCH (9,6)
18.46
Buy
STOCHRSI (14)
15.53
Buy
MACD (12,26)
-1.81
Buy
ADX (14)
16.61
Buy
Williams %R
-96.00
Buy
CCI (14)
-186.78
Buy
ATR (14)
2.59
-
Ultimate Oscillator
35.71
Neutral
ROC
-14.61
Sell
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 35.82, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 16.61, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is -186.78, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is -14.61, 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 35.82, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -1.81, which suggests 1698 is a Buy.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 62.16, which suggests 1698 is a Sell.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 64.09, which suggests 1698 is a Sell.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 67.19, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 78.26, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -96.00, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is -186.78, which suggests 1698 is a Buy.
                    What is the share price of Tencent Music Entertainment Group Class A?