META PLATFORMS INC-CLASS A (META) Technical Analysis
NASDAQ:META • US30303M1027
Current stock price
574.46 USD
-4.77 (-0.82%)
At close:
574.78 USD
+0.32 (+0.06%)
After Hours:
META Technical Rating and Analysis
Taking everything into account, META scores 1 out of 10 in our technical rating. META has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- META is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so META is lagging the market.
- META has an average volume of 16559100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, META turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
- META is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, META did better than 69% of them.
- In the last month META has a been trading in the 520.26 - 660.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
META Weekly and Daily overview Charts
META Setup Rating and Analysis
The technical rating of META is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
META Support and Resistance Analysis
520.45
759.19
When analyzing the support we notice one important area.
- A support zone ranging from 525.71 to 525.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 574.47 to 579.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 602.33 to 603.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @690.73 from a trend line in the weekly time frame.
- Resistance @718.87 from a trend line in the daily time frame.
- A resistance zone ranging from 733.51 to 738.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @751.67 from a horizontal line in the daily time frame.
META Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for META is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for META is down. |
| ChartMill Relative Strength | 41.84 | NEUTRAL | META is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of META is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of META is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of META is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.24 | NEUTRAL | The RSI value for META is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.22 | NEGATIVE | The MACD value suggests META has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.42 | NEUTRAL | The Stochastics value for META is a neutral value. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for META suggests some volalility. |
| Average Directional Index/ADX (14) | 26.39 | POSITIVE | The high ADX value value for META suggests a strong trend. |
META Chart- and CandleStick Pattern Analysis
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)
META Technicals: Chart, Performance Metrics, Trend & Indicators
574.46
-4.77 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-0.82%
1 Week4.92%
2 Weeks-5.31%
1 Month-13.04%
3 Month-11.68%
6 Month-19.15%
12 Month13.82%
2 Year33.54%
3 Year139.04%
5 Year76.71%
10 Year388.57%
15 YearN/A
Volatility
ATR(14)20.39
ATR(20)%3.49%
ATR Inc-4.29%
Range Today18.8
ADR(20)16.15
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.84
3 months CRS24.97
6 months CRS23.98
Mansfield-1.56
10 Day High608.64
10 Day Low520.26
20 Day High660.3
20 Day Low520.26
52 Week High796.25
52 Week Low479.8
CS1 End525.71
CR1 Start574.47
Volume & EV
DER(3)2.48%
DER(5)1.41%
Volume13.52M
Volume Incr74.15%
Vol(5)24.59M
Vol(50)16.56M
META PLATFORMS INC-CLASS A / META TA FAQ
What is the technical rating for META stock?
ChartMill assigns a technical rating of 1 / 10 to META.
What is the trend direction for META stock?
The current trend direction for META PLATFORMS INC-CLASS A (META) is Bearish.
What is the RSI signal for META PLATFORMS INC-CLASS A (META) stock?
META PLATFORMS INC-CLASS A (META) has an RSI value of 41.2427. This indicates that the stock is currently neutral.
Can you provide the MACD signal for META PLATFORMS INC-CLASS A?
The MACD indicator for META PLATFORMS INC-CLASS A (META) has a value of -2.22432, indicating a bearish trend.
What is the short term momentum for META PLATFORMS INC-CLASS A (META) stock?
The short term momentum for META PLATFORMS INC-CLASS A (META) is negative.