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Tencent Music Entertainment Group Class A (HK:1698)
:1698
Hong Kong Market
Holding HK:1698?
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Tencent Music Entertainment Group Class A (1698) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
13Bullish
2Neutral
7Bearish
Technical Analysis Consensus
Sell
3Bullish
2Neutral
5Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Tencent Music Entertainment Group Class A’s (1698) Moving Averages Convergence Divergence (MACD) indicator is -0.31, suggesting Tencent Music Entertainment Group Class A is a Sell.
Tencent Music Entertainment Group Class A’s (1698) 20-Day exponential moving average is 42.91, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$45, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 50-Day exponential moving average is 43.83, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$45, making it a Buy.

Tencent Music Entertainment Group Class A (1698) Pivot Points

Jan 31, 2025, 05:21 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
42.43
42.97
43.98
44.52
45.53
46.07
47.08
Fibonacci
42.97
43.56
43.92
44.52
45.11
45.47
46.07
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

Jan 31, 2025, 05:21 PM
Period
Simple
Exponential
MA5
43.34Buy
43.65Buy
MA10
42.15Buy
42.90Buy
MA20
42.21Buy
42.91Buy
MA50
44.26Buy
43.83Buy
MA100
44.24Buy
44.75Buy
MA200
48.30Sell
46.39Sell
Tencent Music Entertainment Group Class A’s (1698) 10-Day exponential moving average is 42.90, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$45, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) 100-Day exponential moving average is 44.75, while Tencent Music Entertainment Group Class A’s (1698) share price is HK$45, making it a Buy.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$45 and Tencent Music Entertainment Group Class A’s (1698) 50-day simple moving average is 44.26, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$45 and Tencent Music Entertainment Group Class A’s (1698) 100-day simple moving average is 44.24, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) stock price is HK$45 and Tencent Music Entertainment Group Class A’s (1698) 200-day simple moving average is 48.30, creating a Sell signal.

Tencent Music Entertainment Group Class A (1698) Technical Indicators

Jan 31, 2025, 05:21 PM
Name
Value
Implied Action
RSI (14)
58.85
Neutral
STOCH (9,6)
87.85
Sell
STOCHRSI (14)
87.17
Sell
MACD (12,26)
-0.31
Sell
ADX (14)
17.55
Buy
Williams %R
-7.96
Sell
CCI (14)
163.29
Sell
ATR (14)
1.39
-
Ultimate Oscillator
56.85
Neutral
ROC
8.96
Buy
Tencent Music Entertainment Group Class A’s (1698) Relative Strength Index (RSI) is 58.85, creating a Neutral signal.
Tencent Music Entertainment Group Class A’s (1698) Trend Strength Indicator (ADX) is 17.55, creating a Buy signal.
Tencent Music Entertainment Group Class A’s (1698) Commodity Channel Index (CCI) is 163.29, creating a Sell signal.
Tencent Music Entertainment Group Class A’s (1698) Price Rate of Change (ROC) is 8.96, creating a Buy signal.

FAQ

Is 1698 a Buy, Hold, or Sell?
Based on 1698’s technical indicators, 1698 is a Buy.
    What is 1698’s RSI (14)?
    1698’s RSI (14) is 58.85, which suggests 1698 is a Neutral.
      What is 1698’s MACD?
      1698’s MACD is -0.31, which suggests 1698 is a Sell.
        What is 1698’s 5-day moving average?
        1698’s 5-day moving average is 43.34, which suggests 1698 is a Buy.
          What is 1698’s 20-day moving average?
          1698 20-day moving average is 42.21, which suggests 1698 is a Buy.
            What is 1698’s 50-day moving average?
            1698’s 50-day moving average is 44.26, which suggests 1698 is a Buy.
              What is 1698’s 200-day moving average?
              1698’s 200-day moving average is 48.30, which suggests 1698 is a Sell.
                What is 1698’s Williams % R (14)?
                1698’s Williams % R (14) is -7.96, which suggests 1698 is a Sell.
                  What is 1698’s CCI (14)?
                  1698’s CCI (14) is 163.29, which suggests 1698 is a Sell.
                    What is the share price of Tencent Music Entertainment Group Class A?
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