Tencent Holdings Limited0700.HK

Compares a fast moving average to a slow one. When the fast is above the slow, the trend is positive. Period settings are automatically calibrated per asset class.

Tencent Holdings Limited is currently in a downtrend — the fast moving average has crossed below the slow one. This suggests weakening demand and short-term momentum favoring sellers.

The Relative Strength Index measures the ratio of upward to downward price movements over the last 14 trading days on a scale of 0 to 100. Readings above 55 confirm positive momentum, below 45 negative.

RSI stands at 32.1 — in the neutral zone between 45 and 55. Neither buyers nor sellers are clearly dominant. Momentum is balanced, which in combination with a clear EMA trend suggests a stable phase, but with a neutral trend indicates directionlessness.

Williams %R shows where the current price sits within the high-low range of the last 14 trading days. Values near 0: price at the top. Values near -100: at the bottom.

Williams %R stands at -87.3 — the price is near the low of recent periods. This confirms the selling pressure also signaled by the RSI. In combination with an intact uptrend, this can represent an entry opportunity; in a downtrend, it confirms weakness.