Tencent Holdings Limited technical analysis
Technical analysis of Tencent Holdings Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Tencent Holdings Limited
Tencent Holdings Limited is an investment holding company operating in the communication services sector, primarily in Mainland China and internationally. Its activities include instant messaging, social networks, digital content such as online games, video and music, fintech services including mobile payments and wealth management, as well as cloud computing and marketing solutions for enterprises. The company is also involved in film and television production and distribution, internet advertising, and software development.
Description generated automatically from public sources; it may be inaccurate or out of date.
Tencent Holdings Limited: latest session data
Closing values for September 3, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
450.32
−1.67%
50 sessions
455.21
−2.73%
200 sessions
512.97
−13.68%
Session levels
s2
424.60
Support
s1
428.80
Support
pivot
437.20
Pivot
r1
441.40
Resistance
r2
449.80
Resistance
How to read it
In the September 3, 2026 session Tencent Holdings Limited closed higher at 442.80 , +2.26% versus the previous session.
The price sits below every moving average observed: −1.67% against the 21-session average, −2.73% against the 50 and −13.68% against the 200.
The 14-period RSI reads 45.7, in neutral territory.
MACD stands at -5.217 against a signal line at -4.122: the histogram is negative (−1.095).
ADX reads 10.2, indicating weak directionality.
Levels computed on the latest session place supports at 428.80 and 424.60 and resistances at 441.40 and 449.80 , around a pivot of 437.20.
The average daily range (ATR) is 12.616 , or 2.85% of price.
Turnover was 24M shares, 104% of the 20-session average.
Over the last twelve months the price ranged between 411.00 and 559.48 , and today stands −20.86% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Tencent Holdings Limited
How is a stock like Tencent Holdings (0700.HK) analyzed from a technical perspective?
Technical analysis of a stock like Tencent involves studying price and volume charts over time, using tools such as moving averages, support and resistance levels, and momentum indicators to identify recurring patterns in price behavior.
Which technical indicators are commonly applied to stocks in the communication services sector?
Common indicators for this type of stock include the RSI (Relative Strength Index) to assess overbought or oversold conditions, the MACD to spot trend changes, and Bollinger Bands to measure relative price volatility.
On which timeframes is it useful to observe a listed stock like 0700.HK for technical analysis?
Technical analysis can be applied across multiple timeframes: daily and weekly charts are often used to identify medium-to-long-term trends, while shorter timeframes such as hourly or 15-minute charts are used to analyze finer price movements and potential areas of interest.
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