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 04/07/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 303.91 USD

My targets

328.78 USD (+5.60%)

357.85 USD (+14.94%)

My analysis

FACEBOOK INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 303.91 USD. The next resistance located at 328.78 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 357.85 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

Force

9.1

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

Additional analysis

Quotes

The FACEBOOK INC. price is 311.33 USD. The price has increased by +1.66% since the last closing and was traded between 305.50 USD and 313.14 USD over the period. The price is currently at +1.91% from its lowest and -0.58% from its highest.

305.50

313.14

311.33

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

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this FACEBOOK INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

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:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	268.43	282.05	303.91	311.33
Change (%)	-13.78%	-9.40%	-2.38%	-
Change	-42.90	-29.28	-7.42	-
Level	Intermediate	Major	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	297.79	301.52	303.89	307.62	309.99	313.72	316.09
Camarilla	304.58	305.14	305.70	306.26	306.82	307.38	307.94
Woodie	297.11	301.18	303.21	307.28	309.31	313.38	315.41
Fibonacci	301.52	303.85	305.29	307.62	309.95	311.39	313.72

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	270.41	277.55	288.11	295.25	305.81	312.95	323.51
Camarilla	293.79	295.42	297.04	298.66	300.28	301.91	303.53
Woodie	272.11	278.41	289.81	296.11	307.51	313.81	325.21
Fibonacci	277.55	284.32	288.49	295.25	302.02	306.19	312.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	219.25	236.38	265.45	282.58	311.65	328.78	357.85
Camarilla	281.83	286.06	290.30	294.53	298.77	303.00	307.24
Woodie	225.23	239.37	271.43	285.57	317.63	331.77	363.83
Fibonacci	236.38	254.03	264.93	282.58	300.23	311.13	328.78

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):	68.56
MACD (12,26,9):	9.7100
Directional Movement:	23.79
AROON (14):	100.00
DEMA (21):	300.67
Parabolic SAR (0,02-0,02-0,2):	293.45
Elder Ray (13):	14.80
Super Trend (3,10):	282.65
Zig ZAG (10):	310.97
VORTEX (21):	1.1500
Stochastique (14,3,5):	91.65
TEMA (21):	306.94
Williams %R (14):	-6.16
Chande Momentum Oscillator (20):	20.88
Repulse (5,40,3):	2.3800
ROCnROLL:	1
TRIX (15,9):	0.3900
Courbe Coppock:	16.32

MA7:	299.70
MA20:	286.97
MA50:	273.99
MA100:	273.06
MAexp7:	301.15
MAexp20:	289.06
MAexp50:	278.81
MAexp100:	272.80
Price / MA7:	+3.88%
Price / MA20:	+8.49%
Price / MA50:	+13.63%
Price / MA100:	+14.02%
Price / MAexp7:	+3.38%
Price / MAexp20:	+7.70%
Price / MAexp50:	+11.66%
Price / MAexp100:	+14.12%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on FACEBOOK INC. at the time of the generation of this analysis was as follows:

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

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