META PLATFORMS INC. - 1H - Technical analysis published on 01/03/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Bearish under 341.69 USD
My targets
336.02 USD (-0.87%)
325.63 USD (-3.94%)
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 341.69 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 336.02 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 325.63 USD as an objective. Crossing it would then enable sellers to target 312.65 USD. Be careful, a return to above 341.69 USD could jeopardize the reversal.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The META PLATFORMS INC. price is 338.98 USD. The price registered an increase of +0.78% on the session with the lowest point at 337.19 USD and the highest point at 341.08 USD. The deviation from the price is +0.53% for the low point and -0.62% for the high point.337.19
341.08
338.98
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this META PLATFORMS INC. chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 312.65 | 325.63 | 336.02 | 338.98 | 341.69 | 347.56 | 352.71 |
| Change (%) | -7.77% | -3.94% | -0.87% | - | +0.80% | +2.53% | +4.05% |
| Change | -26.33 | -13.35 | -2.96 | - | +2.71 | +8.58 | +13.73 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Minor |
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 | 326.76 | 331.52 | 333.93 | 338.69 | 341.10 | 345.86 | 348.27 |
| Camarilla | 334.38 | 335.04 | 335.69 | 336.35 | 337.01 | 337.67 | 338.32 |
| Woodie | 325.60 | 330.93 | 332.77 | 338.10 | 339.94 | 345.27 | 347.11 |
| Fibonacci | 331.52 | 334.26 | 335.95 | 338.69 | 341.43 | 343.12 | 345.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 314.40 | 325.34 | 330.84 | 341.78 | 347.28 | 358.22 | 363.72 |
| Camarilla | 331.83 | 333.34 | 334.84 | 336.35 | 337.86 | 339.36 | 340.87 |
| Woodie | 311.69 | 323.98 | 328.13 | 340.42 | 344.57 | 356.86 | 361.01 |
| Fibonacci | 325.34 | 331.62 | 335.50 | 341.78 | 348.06 | 351.94 | 358.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 253.12 | 276.31 | 306.33 | 329.52 | 359.54 | 382.73 | 412.75 |
| Camarilla | 321.72 | 326.60 | 331.47 | 336.35 | 341.23 | 346.11 | 350.98 |
| Woodie | 256.54 | 278.02 | 309.75 | 331.23 | 362.96 | 384.44 | 416.17 |
| Fibonacci | 276.31 | 296.64 | 309.19 | 329.52 | 349.85 | 362.40 | 382.73 |
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): | 43.58 | |
| MACD (12,26,9): | -1.1100 | |
| Directional Movement: | -7.23 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 340.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 343.59 | |
| Elder Ray (13): | -1.44 | |
| Super Trend (3,10): | 344.61 | |
| Zig ZAG (10): | 339.94 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 18.61 | |
| TEMA (21): | 338.47 | |
| Williams %R (14): | -63.59 | |
| Chande Momentum Oscillator (20): | -5.41 | |
| Repulse (5,40,3): | -0.2100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 2.89 |
| MA7: | 341.48 | |
| MA20: | 334.52 | |
| MA50: | 332.15 | |
| MA100: | 343.46 | |
| MAexp7: | 339.37 | |
| MAexp20: | 341.54 | |
| MAexp50: | 340.66 | |
| MAexp100: | 337.73 | |
| Price / MA7: | -0.73% | |
| Price / MA20: | +1.33% | |
| Price / MA50: | +2.06% | |
| Price / MA100: | -1.30% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.75% | |
| Price / MAexp50: | -0.49% | |
| Price / MAexp100: | +0.37% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on META PLATFORMS INC. at the time of the generation of this analysis 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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