META PLATFORMS INC-CLASS A (META)
US30303M1027 - Common Stock
Overall META gets a technical rating of 9 out of 10. In the last year, META was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that META is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, META also shows a nice and consistent pattern of rising prices.
META is part of the Interactive Media & Services industry. There are 68 other stocks in this industry. META outperforms 97% of them.
META is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so META is leading the market.
META has an average volume of 15099800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month META has a been trading in the 481.78 - 531.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, META also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 501.79, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
288.69
506.82
4 important support areas can be observed.
- A support zone ranging from 493.90 to 501.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 476.88 to 483.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @397.68 from a trend line in the weekly time frame.
- Support @291.61 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.24
Mansfield3.32
10 Day High531.49
10 Day Low487.14
20 Day High531.49
20 Day Low481.78
52 Week High531.49
52 Week Low207.13
Performance
1 Week-4.08%
2 Weeks-1.79%
1 Month-0.74%
3 Month30.86%
6 Month62.58%
12 Month135.71%
2 Year150.31%
3 Year54.36%
5 Year159.46%
10 Year739.41%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-3.04
RSI(14)50.66
LBB486.47
UBB530.78
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 511.44 | 493.89 | 17.55 (3.43%) | 25.00% |
| An entry @511.44. This is a Buy Stop order right above the 10 day moving average. | An exit @493.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 17.55 points, which is 3.43%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- The distance between exit and entry is rather small compared to the average daily movement of META. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
META PLATFORMS INC-CLASS A
NASDAQ:META (4/18/2024, 7:07:26 PM)
Premarket: 497.21 -4.59 (-0.91%)501.8
+7.63 (+1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.54%
1 Week-4.08%
2 Weeks-1.79%
1 Month-0.74%
3 Month30.86%
6 Month62.58%
12 Month135.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)15.24
ATR(20)%2.72%
ATR Inc
Range Today13.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High531.49
10 Day Low487.14
20 Day High531.49
20 Day Low481.78
52 Week High531.49
52 Week Low207.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.81M
Volume Incr-5.12%
Vol(5)12.47M
Vol(50)15.10M