META PLATFORMS INC-CLASS A (META)

US30303M1027 - Common Stock

464  +10.59 (+2.34%)

Technical Rating and Analysis

4

Overall META gets a technical rating of 4 out of 10. Although META is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month META has a been trading in the 442.65 - 542.81 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, META did better than 85% of all other 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 70 other stocks in this industry. META outperforms 82% of them.
META is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so META is performing more or less in line with the market.
META has an average volume of 12902400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Weekly and Daily overview Charts
META Weekly chart
META Daily chart
Setup Rating and Analysis

3

META has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

438.85

504.23

We found 2 important support areas.

  • A support zone ranging from 453.42 to 454.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @443.28 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 479.02 to 499.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.51
Mansfield0.2
10 Day High508.09
10 Day Low442.65
20 Day High542.81
20 Day Low442.65
52 Week High542.81
52 Week Low274.38
Performance
1 Week-4.72%
2 Weeks-11.56%
1 Month-11.64%
3 Month2.28%
6 Month15.04%
12 Month39.31%
2 Year184.98%
3 Year27.26%
5 Year133.44%
10 Year524.1%
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)-6.03
RSI(14)34.81
LBB441.9
UBB543.38
META Daily chart

META PLATFORMS INC-CLASS A

NASDAQ:META (7/26/2024, 8:46:09 AM)

464

+10.59 (+2.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg2.34%
1 Week-4.72%
2 Weeks-11.56%
1 Month-11.64%
3 Month2.28%
6 Month15.04%
12 Month39.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)17.43
ATR(20)%3.67%
ATR Inc
Range Today6.3
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 High508.09
10 Day Low442.65
20 Day High542.81
20 Day Low442.65
52 Week High542.81
52 Week Low274.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.73M
Volume Incr1.53%
Vol(5)14.50M
Vol(50)12.90M