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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
2Bullish
6Neutral
14Bearish
Technical Analysis Consensus
Neutral
2Bullish
6Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -0.47, suggesting Tencent Music Entertainment Group Class A is a Sell.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 35.98, 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 39.03, 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 09, 2026, 10:20 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
33.90
34.62
35.26
35.98
36.62
37.34
37.98
Fibonacci
34.62
35.14
35.46
35.98
36.50
36.82
37.34
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 09, 2026, 10:20 PM
Period
Simple
Exponential
MA5
36.28Sell
35.82Sell
MA10
35.80Sell
35.84Sell
MA20
35.56Sell
35.98Sell
MA50
36.58Sell
39.03Sell
MA100
47.50Sell
46.54Sell
MA200
65.23Sell
60.67Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 35.84, 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 46.54, 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 36.58, 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) 100-day simple moving average is 47.50, 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 65.23, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Jun 09, 2026, 10:20 PM
Name
Value
Implied Action
RSI (14)
45.52
Neutral
STOCH (9,6)
30.90
Neutral
STOCHRSI (14)
43.00
Neutral
MACD (12,26)
-0.47
Sell
ADX (14)
22.68
Neutral
Williams %R
-69.39
Buy
CCI (14)
-19.76
Neutral
ATR (14)
1.40
-
Ultimate Oscillator
47.06
Neutral
ROC
3.39
Buy
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 45.52, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 22.68, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is -19.76, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is 3.39, creating a Buy 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 45.52, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -0.47, which suggests 1698 is a Sell.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 36.28, which suggests 1698 is a Sell.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 35.56, which suggests 1698 is a Sell.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 36.58, which suggests 1698 is a Sell.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 65.23, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -69.39, which suggests 1698 is a Buy.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is -19.76, which suggests 1698 is a Neutral.
                    What is the share price of Tencent Music Entertainment Group Class A?