META PLATFORMS INC.
META PLATFORMS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: META
ISIN:

META PLATFORMS INC. - 1H - Technical analysis published on 03/11/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 273.92 USD
My targets
282.05 USD (+2.27%)
294.68 USD (+6.85%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FACEBOOK INC. as long as the price remains well above 273.92 USD. The buyers” bullish objective is set at 282.05 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 294.68 USD. If there is any crossing, the next objective would be the resistance located at 303.91 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The FACEBOOK INC. rating is 275.78 USD. The price registered an increase of +4.11% on the session and was traded between 267.82 USD and 275.78 USD over the period. The price is currently at +2.97% from its lowest and 0% from its highest.

267.82
275.78
275.78

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of FACEBOOK INC. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour



In fact, 16 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 265.58 269.04 273.92 275.78 276.60 282.05 294.68
Change (%) -3.70% -2.44% -0.67% - +0.30% +2.27% +6.85%
Change -10.20 -6.74 -1.86 - +0.82 +6.27 +18.90
Level Minor Major Major - Intermediate Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard256.09259.48262.19265.58268.29271.68274.39
Camarilla263.22263.78264.34264.90265.46266.02266.58
Woodie255.75259.31261.85265.41267.95271.51274.05
Fibonacci259.48261.81263.25265.58267.91269.35271.68


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard243.07248.29256.28261.50269.49274.71282.70
Camarilla260.65261.86263.07264.28265.49266.70267.91
Woodie244.47248.98257.68262.19270.89275.40284.10
Fibonacci248.29253.33256.45261.50266.54269.66274.71


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard226.35240.19248.91262.75271.47285.31294.03
Camarilla251.42253.48255.55257.62259.69261.76263.82
Woodie223.78238.91246.34261.47268.90284.03291.46
Fibonacci240.19248.81254.14262.75271.37276.70285.31

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 66.89
MACD (12,26,9): 2.7400
Directional Movement: 17.05
AROON (14): 57.14
DEMA (21): 269.70
Parabolic SAR (0,02-0,02-0,2): 265.30
Elder Ray (13): 6.22
Super Trend (3,10): 264.77
Zig ZAG (10): 274.19
VORTEX (21): 1.0900
Stochastique (14,3,5): 95.77
TEMA (21): 271.54
Williams %R (14): -4.90
Chande Momentum Oscillator (20): 5.77
Repulse (5,40,3): 1.5100
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 5.07
MA7: 262.52
MA20: 264.16
MA50: 265.42
MA100: 270.68
MAexp7: 270.27
MAexp20: 266.49
MAexp50: 263.86
MAexp100: 263.55
Price / MA7: +5.05%
Price / MA20: +4.40%
Price / MA50: +3.90%
Price / MA100: +1.88%
Price / MAexp7: +2.04%
Price / MAexp20: +3.49%
Price / MAexp50: +4.52%
Price / MAexp100: +4.64%

Quotes : 2021-03-11 17:13:37 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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