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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
Strong Sell
4Bullish
3Neutral
15Bearish
Technical Analysis Consensus
Neutral
4Bullish
3Neutral
3Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -1.64, suggesting Tencent Music Entertainment Group Class A is a Sell.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 36.43, 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 41.45, 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

May 20, 2026, 08:49 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
32.63
32.95
33.37
33.69
34.11
34.43
34.85
Fibonacci
32.95
33.23
33.40
33.69
33.97
34.14
34.43
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

May 20, 2026, 08:49 AM
Period
Simple
Exponential
MA5
34.74Sell
34.71Sell
MA10
35.78Sell
35.38Sell
MA20
36.47Sell
36.43Sell
MA50
40.48Sell
41.45Sell
MA100
51.97Sell
49.87Sell
MA200
68.51Sell
62.39Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 35.38, 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 49.87, 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 40.48, 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 51.97, 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 68.51, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

May 20, 2026, 08:49 AM
Name
Value
Implied Action
RSI (14)
34.57
Neutral
STOCH (9,6)
12.52
Buy
STOCHRSI (14)
12.52
Buy
MACD (12,26)
-1.64
Sell
ADX (14)
36.82
Neutral
Williams %R
-78.54
Buy
CCI (14)
-141.91
Buy
ATR (14)
1.45
-
Ultimate Oscillator
48.42
Neutral
ROC
-6.24
Sell
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 34.57, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 36.82, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is -141.91, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is -6.24, 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 34.57, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -1.64, which suggests 1698 is a Sell.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 34.74, which suggests 1698 is a Sell.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 36.47, which suggests 1698 is a Sell.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 40.48, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 68.51, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -78.54, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is -141.91, which suggests 1698 is a Buy.
                    What is the share price of Tencent Music Entertainment Group Class A?