META PLATFORMS INC. - Daily - Technical analysis published on 01/01/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
11%
50%
39%
My opinion
Bearish under 632.17 USD
My targets
538.10 USD (-8.10%)
479.87 USD (-18.04%)
My analysis
The strong short-term decline in META PLATFORMS INC. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 632.17 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 538.10 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 479.87 USD as an objective. Crossing it would then enable sellers to target 452.61 USD. Be careful, a return to above 632.17 USD could jeopardize the reversal.
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
0
10
1.6
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This analysis was given by eliro. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The META PLATFORMS INC. price is 585.51 USD. The price registered a decrease of -0.97% on the session with the lowest point at 583.85 USD and the highest point at 593.97 USD. The deviation from the price is +0.28% for the low point and -1.42% for the high point.583.85
593.97
585.51
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of META PLATFORMS INC. indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
The probability of a further decline is low given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 452.61 | 479.87 | 538.10 | 585.51 | 593.33 | 632.17 |
| Change (%) | -22.70% | -18.04% | -8.10% | - | +1.34% | +7.97% |
| Change | -132.90 | -105.64 | -47.41 | - | +7.82 | +46.66 |
| Level | Major | Minor | Intermediate | - | Major | Major |
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 | 571.46 | 577.66 | 581.58 | 587.78 | 591.70 | 597.90 | 601.82 |
| Camarilla | 582.73 | 583.66 | 584.58 | 585.51 | 586.44 | 587.37 | 588.29 |
| Woodie | 570.33 | 577.09 | 580.45 | 587.21 | 590.57 | 597.33 | 600.69 |
| Fibonacci | 577.66 | 581.52 | 583.91 | 587.78 | 591.64 | 594.03 | 597.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 566.30 | 576.28 | 588.04 | 598.02 | 609.78 | 619.76 | 631.52 |
| Camarilla | 593.83 | 595.82 | 597.82 | 599.81 | 601.80 | 603.80 | 605.79 |
| Woodie | 567.20 | 576.73 | 588.94 | 598.47 | 610.68 | 620.21 | 632.42 |
| Fibonacci | 576.28 | 584.58 | 589.71 | 598.02 | 606.32 | 611.45 | 619.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 498.02 | 523.31 | 548.59 | 573.88 | 599.16 | 624.45 | 649.73 |
| Camarilla | 559.95 | 564.59 | 569.22 | 573.86 | 578.50 | 583.13 | 587.77 |
| Woodie | 498.01 | 523.31 | 548.58 | 573.88 | 599.15 | 624.45 | 649.72 |
| Fibonacci | 523.31 | 542.63 | 554.57 | 573.88 | 593.20 | 605.14 | 624.45 |
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): | 44.19 | |
| MACD (12,26,9): | 1.6800 | |
| Directional Movement: | -7.50 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 603.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 619.04 | |
| Elder Ray (13): | -10.71 | |
| Super Trend (3,10): | 632.49 | |
| Zig ZAG (10): | 585.51 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 17.19 | |
| TEMA (21): | 598.73 | |
| Williams %R (14): | -94.91 | |
| Chande Momentum Oscillator (20): | -44.77 | |
| Repulse (5,40,3): | -1.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 6.03 |
| MA7: | 596.11 | |
| MA20: | 609.08 | |
| MA50: | 587.42 | |
| MA100: | 566.60 | |
| MAexp7: | 596.29 | |
| MAexp20: | 599.32 | |
| MAexp50: | 588.37 | |
| MAexp100: | 567.00 | |
| Price / MA7: | -1.78% | |
| Price / MA20: | -3.87% | |
| Price / MA50: | -0.33% | |
| Price / MA100: | +3.34% | |
| Price / MAexp7: | -1.81% | |
| Price / MAexp20: | -2.30% | |
| Price / MAexp50: | -0.49% | |
| Price / MAexp100: | +3.26% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on META PLATFORMS INC. at the time of the analysis were as follows:
- Our Approach to Clean and Renewable Energy
- Growing Our Commitment to Carbon Removal With the U.S. Department of Energy
- How Our Llama Grant Recipients Are Tackling Global Issues
- Meta at UNGA 2024
- 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.
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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