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. - Daily - Technical analysis published on 02/04/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 246.48 USD

My targets

217.50 USD (-8.52%)

146.01 USD (-38.59%)

My analysis

META PLATFORMS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 246.48 USD. The next support located at 217.50 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 146.01 USD. Below this support, sellers could then target 72.03 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.9

Comment on the analysis

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 taha. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The META PLATFORMS INC. rating is 237.76 USD. The price is lower by -26.39% since the last closing with the lowest point at 235.74 USD and the highest point at 248.00 USD. The deviation from the price is +0.86% for the low point and -4.13% for the high point.

235.74

248.00

237.76

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of META PLATFORMS INC. in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Downside gap

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	72.03	146.01	217.50	237.76	246.48	294.63	303.91
Change (%)	-69.70%	-38.59%	-8.52%	-	+3.67%	+23.92%	+27.82%
Change	-165.73	-91.75	-20.26	-	+8.72	+56.87	+66.15
Level	Minor	Major	Major	-	Intermediate	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	220.74	228.24	233.00	240.50	245.26	252.76	257.52
Camarilla	234.39	235.51	236.64	237.76	238.88	240.01	241.13
Woodie	219.37	227.56	231.63	239.82	243.89	252.08	256.15
Fibonacci	228.24	232.92	235.82	240.50	245.18	248.08	252.76

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	270.12	279.56	290.64	300.08	311.16	320.60	331.68
Camarilla	296.07	297.95	299.83	301.71	303.59	305.47	307.35
Woodie	270.93	279.97	291.45	300.49	311.97	321.01	332.49
Fibonacci	279.56	287.40	292.25	300.08	307.92	312.77	320.60

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	233.07	261.04	287.15	315.12	341.23	369.20	395.31
Camarilla	298.39	303.35	308.30	313.26	318.22	323.18	328.13
Woodie	232.14	260.58	286.22	314.66	340.30	368.74	394.38
Fibonacci	261.04	281.70	294.46	315.12	335.78	348.54	369.20

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	24.76
MACD (12,26,9):	-11.1800
Directional Movement:	-36.80
AROON (14):	-100.00
DEMA (21):	296.23
Parabolic SAR (0,02-0,02-0,2):	328.00
Elder Ray (13):	-61.02
Super Trend (3,10):	298.80
Zig ZAG (10):	237.76
VORTEX (21):	0.8500
Stochastique (14,3,5):	46.11
TEMA (21):	288.62
Williams %R (14):	-97.92
Chande Momentum Oscillator (20):	-80.39
Repulse (5,40,3):	-2.2300
ROCnROLL:	2
TRIX (15,9):	-0.3300
Courbe Coppock:	19.70

MA7:	297.71
MA20:	313.43
MA50:	324.41
MA100:	331.32
MAexp7:	294.02
MAexp20:	309.20
MAexp50:	321.28
MAexp100:	327.94
Price / MA7:	-20.14%
Price / MA20:	-24.14%
Price / MA50:	-26.71%
Price / MA100:	-28.24%
Price / MAexp7:	-19.13%
Price / MAexp20:	-23.10%
Price / MAexp50:	-26.00%
Price / MAexp100:	-27.50%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on META PLATFORMS INC.. At the time of publication of this analysis, the latest news was as follows:

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

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