META PLATFORMS INC. - Daily - Technical analysis published on 04/25/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 195.07 USD
My targets
167.78 USD (-8.87%)
146.01 USD (-20.69%)
My analysis
The bearish trend is currently very strong for META PLATFORMS INC.. As long as the price remains below the resistance at 195.07 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 167.78 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 146.01 USD as an objective. Crossing it would then enable sellers to target 123.92 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.9
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Additional analysis
Quotes
The META PLATFORMS INC. price is 184.11 USD. On the day, this instrument lost -2.11% and was traded between 183.27 USD and 192.72 USD over the period. The price is currently at +0.46% from its lowest and -4.47% from its highest.183.27
192.72
184.11
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by META PLATFORMS INC.:
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
Technical
A technical analysis in Daily of this META PLATFORMS INC. chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Three black crows
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 72.03 | 123.92 | 146.01 | 184.11 | 186.63 | 217.50 | 245.64 |
| Change (%) | -60.88% | -32.69% | -20.69% | - | +1.37% | +18.14% | +33.42% |
| Change | -112.08 | -60.19 | -38.10 | - | +2.52 | +33.39 | +61.53 |
| Level | Minor | Minor | Major | - | Major | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 171.23 | 177.25 | 180.68 | 186.70 | 190.13 | 196.15 | 199.58 |
| Camarilla | 181.51 | 182.38 | 183.24 | 184.11 | 184.98 | 185.84 | 186.71 |
| Woodie | 169.94 | 176.60 | 179.39 | 186.05 | 188.84 | 195.50 | 198.29 |
| Fibonacci | 177.25 | 180.86 | 183.09 | 186.70 | 190.31 | 192.54 | 196.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 194.08 | 202.04 | 206.11 | 214.07 | 218.14 | 226.10 | 230.17 |
| Camarilla | 206.87 | 207.98 | 209.08 | 210.18 | 211.28 | 212.39 | 213.49 |
| Woodie | 192.14 | 201.07 | 204.17 | 213.10 | 216.20 | 225.13 | 228.23 |
| Fibonacci | 202.04 | 206.64 | 209.48 | 214.07 | 218.67 | 221.51 | 226.10 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 149.74 | 167.78 | 195.07 | 213.11 | 240.40 | 258.44 | 285.73 |
| Camarilla | 209.89 | 214.05 | 218.21 | 222.36 | 226.52 | 230.67 | 234.83 |
| Woodie | 154.37 | 170.09 | 199.70 | 215.42 | 245.03 | 260.75 | 290.36 |
| Fibonacci | 167.78 | 185.10 | 195.79 | 213.11 | 230.43 | 241.12 | 258.44 |
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): | 30.11 | |
| MACD (12,26,9): | -6.0900 | |
| Directional Movement: | -21.18 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 204.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 214.16 | |
| Elder Ray (13): | -19.23 | |
| Super Trend (3,10): | 215.46 | |
| Zig ZAG (10): | 184.11 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 3.46 | |
| TEMA (21): | 202.74 | |
| Williams %R (14): | -98.43 | |
| Chande Momentum Oscillator (20): | -47.73 | |
| Repulse (5,40,3): | -14.2200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 20.24 |
| MA7: | 203.69 | |
| MA20: | 217.05 | |
| MA50: | 210.58 | |
| MA100: | 263.14 | |
| MAexp7: | 200.53 | |
| MAexp20: | 210.50 | |
| MAexp50: | 224.34 | |
| MAexp100: | 251.29 | |
| Price / MA7: | -9.61% | |
| Price / MA20: | -15.18% | |
| Price / MA50: | -12.57% | |
| Price / MA100: | -30.03% | |
| Price / MAexp7: | -8.19% | |
| Price / MAexp20: | -12.54% | |
| Price / MAexp50: | -17.93% | |
| Price / MAexp100: | -26.73% |
Quotes :
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15 min delayed data
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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:
- META PLATFORMS, INC. F/K/A FACEBOOK, INC. (NASDAQ: FB) SHAREHOLDER CLASS ACTION DEADLINE- Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Facebook, Inc.
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Meta Platforms, Inc. f.k.a. Facebook, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 27, 2021 - FB
- ROSEN, A LEADING AND RANKED FIRM, Encourages Meta Platforms, Inc. f/k/a Facebook, Inc. Investors with Losses in Excess of $1MM to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm - FB
- Levi & Korsinsky, LLP, Researching Possible Securities Law Violations - Meta Platforms, Inc. f.k.a. Facebook, Inc. - FB
- INVESTOR ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Meta Platforms, Inc. f/k/a Facebook, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
This member declared not having a position on this financial instrument or a related financial instrument.
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