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 09/15/2022 (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

11%

61%

28%

My opinion

Bearish under 167.09 USD

My targets

146.01 USD (-3.60%)

123.92 USD (-18.19%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on META PLATFORMS INC. as long as the price remains well below 167.09 USD. The sellers' bearish objective is set at 146.01 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 123.92 USD. In case of crossing, the next objective would be the support located at 72.03 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

7.7

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

Additional analysis

Quotes

The META PLATFORMS INC. price is 151.47 USD. On the day, this instrument lost -1.08% and was traded between 149.05 USD and 153.54 USD over the period. The price is currently at +1.62% from its lowest and -1.35% from its highest.

149.05

153.54

151.47

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

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. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

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 this signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

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

Near horizontal support

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	72.03	123.92	146.01	151.47	174.60	217.50	246.48
Change (%)	-52.45%	-18.19%	-3.60%	-	+15.27%	+43.59%	+62.73%
Change	-79.44	-27.55	-5.46	-	+23.13	+66.03	+95.01
Level	Minor	Minor	Major	-	Major	Minor	Intermediate

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
Standard	144.68	146.86	149.17	151.35	153.66	155.84	158.15
Camarilla	150.24	150.65	151.06	151.47	151.88	152.29	152.71
Woodie	144.74	146.89	149.23	151.38	153.72	155.87	158.21
Fibonacci	146.86	148.58	149.64	151.35	153.07	154.13	155.84

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	148.06	152.44	160.79	165.17	173.52	177.90	186.25
Camarilla	165.65	166.82	167.98	169.15	170.32	171.48	172.65
Woodie	150.06	153.43	162.79	166.16	175.52	178.89	188.25
Fibonacci	152.44	157.30	160.30	165.17	170.03	173.03	177.90

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	123.20	139.22	151.07	167.09	178.94	194.96	206.81
Camarilla	155.27	157.82	160.38	162.93	165.49	168.04	170.59
Woodie	121.13	138.18	149.00	166.05	176.87	193.92	204.74
Fibonacci	139.22	149.86	156.44	167.09	177.73	184.31	194.96

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):	38.44
MACD (12,26,9):	-2.8900
Directional Movement:	-13.91
AROON (14):	-14.29
DEMA (21):	159.44
Parabolic SAR (0,02-0,02-0,2):	171.39
Elder Ray (13):	-10.02
Super Trend (3,10):	171.71
Zig ZAG (10):	151.47
VORTEX (21):	0.7400
Stochastique (14,3,5):	32.55
TEMA (21):	158.01
Williams %R (14):	-89.17
Chande Momentum Oscillator (20):	-10.31
Repulse (5,40,3):	-3.6100
ROCnROLL:	2
TRIX (15,9):	-0.1800
Courbe Coppock:	7.55

MA7:	160.53
MA20:	163.20
MA50:	166.90
MA100:	176.03
MAexp7:	159.27
MAexp20:	162.90
MAexp50:	167.87
MAexp100:	181.55
Price / MA7:	-5.64%
Price / MA20:	-7.19%
Price / MA50:	-9.25%
Price / MA100:	-13.95%
Price / MAexp7:	-4.90%
Price / MAexp20:	-7.02%
Price / MAexp50:	-9.77%
Price / MAexp100:	-16.57%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on META PLATFORMS INC. at the time of the analysis were as follows:

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

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