Technical Analysis for META - Meta Platforms Inc. CDR

Grade Last Price % Change Price Change
C 31.270 -0.41% -0.130
META closed down 0.41 percent on Thursday, November 21, 2024, on 1.18 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Outside Day Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Up 3 Days in a Row Strength -0.41%
Oversold Stochastic Weakness -0.41%
Bullish Engulfing Bullish 0.48%
Oversold Stochastic Weakness 0.48%
MACD Bearish Centerline Cross Bearish 1.49%
Lower Bollinger Band Walk Weakness 1.49%

   Recent Intraday Alerts

Alert Time
Lower Bollinger Band Support about 9 hours ago
Down 1 ATR about 9 hours ago
Fell Below Previous Day's Low about 9 hours ago
Outside Day about 9 hours ago
Down 2% about 9 hours ago

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Profile

Meta Platforms Inc. CDR Description

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California


Classification

Sector: Communication Services
Industry: Internet Content & Information
Keywords: Mobile Devices Social Media Mobile Applications Virtual Reality Instant Messaging Meta Platforms

Is META a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 33.52
52 Week Low 17.6732
Average Volume 133,671
200-Day Moving Average 28.636
50-Day Moving Average 31.770
20-Day Moving Average 31.914
10-Day Moving Average 31.732
Average True Range 0.748
RSI (14) 45.05
ADX 17.16
+DI 22.453
-DI 28.669
Chandelier Exit (Long, 3 ATRs) 31.216
Chandelier Exit (Short, 3 ATRs) 32.764
Upper Bollinger Bands 33.283
Lower Bollinger Band 30.546
Percent B (%b) 0.26
BandWidth 8.576
MACD Line -0.140
MACD Signal Line 0.012
MACD Histogram -0.1517
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 32.905
Resistance 3 (R3) 32.837 32.223 32.633
Resistance 2 (R2) 32.223 31.807 32.258 32.542
Resistance 1 (R1) 31.747 31.550 31.440 31.815 32.451
Pivot Point 31.133 31.133 30.980 31.168 31.133
Support 1 (S1) 30.657 30.717 30.350 30.725 30.089
Support 2 (S2) 30.043 30.460 30.078 29.998
Support 3 (S3) 29.567 30.043 29.908
Support 4 (S4) 29.635