META PLATFORMS INC.
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. - 1H - Technical analysis published on 11/11/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 336.95 USD
My targets
323.10 USD (-2.07%)
317.37 USD (-3.80%)
My analysis
In the short term, we can see an acceleration in the bearish trend on META PLATFORMS INC., which is a positive signal for sellers. As long as the price remains above 336.95 USD, a sale could be considered. The first bearish objective is located at 323.10 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 317.37 USD as an objective. Crossing it would then enable sellers to target 308.11 USD. If the price were to return above 336.95 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.1

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

META PLATFORMS INC. rating 329.92 USD. On the day, this instrument gained +0.70% and was traded between 329.11 USD and 332.46 USD over the period. The price is currently at +0.25% from its lowest and -0.76% from its highest.

329.11
332.46
329.92

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of META PLATFORMS INC. in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 308.11 317.37 323.10 329.92 330.10 336.95 346.79
Change (%) -6.61% -3.80% -2.07% - +0.05% +2.13% +5.11%
Change -21.81 -12.55 -6.82 - +0.18 +7.03 +16.87
Level Minor Minor Intermediate - Intermediate Major Intermediate



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
Standard316.69321.10324.37328.78332.05336.46339.73
Camarilla325.53326.23326.94327.64328.34329.05329.75
Woodie316.12320.82323.80328.50331.48336.18339.16
Fibonacci321.10324.03325.85328.78331.71333.53336.46


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard303.70313.45327.29337.04350.88360.63374.47
Camarilla334.64336.81338.97341.13343.29345.46347.62
Woodie305.75314.47329.34338.06352.93361.65376.52
Fibonacci313.45322.46328.03337.04346.05351.62360.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard269.20288.66306.11325.57343.02362.48379.93
Camarilla313.42316.80320.19323.57326.95330.34333.72
Woodie268.21288.16305.12325.07342.03361.98378.94
Fibonacci288.66302.76311.47325.57339.67348.38362.48

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): 42.16
MACD (12,26,9): -1.9200
Directional Movement: -12.77
AROON (14): -64.29
DEMA (21): 330.50
Parabolic SAR (0,02-0,02-0,2): 325.79
Elder Ray (13): -0.88
Super Trend (3,10): 335.12
Zig ZAG (10): 330.72
VORTEX (21): 0.8100
Stochastique (14,3,5): 44.34
TEMA (21): 327.97
Williams %R (14): -54.58
Chande Momentum Oscillator (20): -4.93
Repulse (5,40,3): -0.0200
ROCnROLL: 2
TRIX (15,9): -0.0700
Courbe Coppock: 4.76
MA7: 334.41
MA20: 330.19
MA50: 343.25
MA100: 350.32
MAexp7: 330.32
MAexp20: 332.58
MAexp50: 332.95
MAexp100: 331.67
Price / MA7: -1.34%
Price / MA20: -0.08%
Price / MA50: -3.88%
Price / MA100: -5.82%
Price / MAexp7: -0.12%
Price / MAexp20: -0.80%
Price / MAexp50: -0.91%
Price / MAexp100: -0.53%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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