META PLATFORMS INC. - 1H - Technical analysis published on 01/13/2022 (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:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 336.86 USD
My targets
322.59 USD (-2.50%)
315.43 USD (-4.66%)
My analysis
The bearish basic trend is very strong on META PLATFORMS INC. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 336.86 USD. Crossing the first support at 322.59 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 315.43 USD as an objective. Crossing it would then enable sellers to target 303.91 USD. Caution, a return to above the resistance located at 336.86 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5
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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
META PLATFORMS INC. rating 330.86 USD. The price registered a decrease of -0.72% on the session and was traded between 328.90 USD and 335.63 USD over the period. The price is currently at +0.60% from its lowest and -1.42% from its highest.328.90
335.63
330.86
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this META PLATFORMS INC. chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 315.43 | 322.59 | 329.66 | 330.86 | 336.86 | 347.56 | 355.30 |
| Change (%) | -4.66% | -2.50% | -0.36% | - | +1.81% | +5.05% | +7.39% |
| Change | -15.43 | -8.27 | -1.20 | - | +6.00 | +16.70 | +24.44 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 323.74 | 326.89 | 330.07 | 333.22 | 336.40 | 339.55 | 342.73 |
| Camarilla | 331.52 | 332.10 | 332.68 | 333.26 | 333.84 | 334.42 | 335.00 |
| Woodie | 323.77 | 326.90 | 330.10 | 333.23 | 336.43 | 339.56 | 342.76 |
| Fibonacci | 326.89 | 329.31 | 330.80 | 333.22 | 335.64 | 337.13 | 339.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 301.61 | 312.16 | 321.98 | 332.53 | 342.35 | 352.90 | 362.72 |
| Camarilla | 326.19 | 328.06 | 329.92 | 331.79 | 333.66 | 335.53 | 337.39 |
| Woodie | 301.24 | 311.98 | 321.61 | 332.35 | 341.98 | 352.72 | 362.35 |
| Fibonacci | 312.16 | 319.95 | 324.75 | 332.53 | 340.32 | 345.12 | 352.90 |
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): | 49.90 | |
| MACD (12,26,9): | 0.5100 | |
| Directional Movement: | -2.94 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 332.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 327.80 | |
| Elder Ray (13): | -1.25 | |
| Super Trend (3,10): | 324.85 | |
| Zig ZAG (10): | 331.54 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 50.54 | |
| TEMA (21): | 333.31 | |
| Williams %R (14): | -68.10 | |
| Chande Momentum Oscillator (20): | -1.10 | |
| Repulse (5,40,3): | -0.4700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 2.39 |
| MA7: | 330.85 | |
| MA20: | 335.05 | |
| MA50: | 333.57 | |
| MA100: | 341.13 | |
| MAexp7: | 332.35 | |
| MAexp20: | 331.72 | |
| MAexp50: | 332.38 | |
| MAexp100: | 333.61 | |
| Price / MA7: | +0.00% | |
| Price / MA20: | -1.25% | |
| Price / MA50: | -0.81% | |
| Price / MA100: | -3.01% | |
| Price / MAexp7: | -0.45% | |
| Price / MAexp20: | -0.26% | |
| Price / MAexp50: | -0.46% | |
| Price / MAexp100: | -0.82% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on META PLATFORMS INC.. At the time of publication of this analysis, the latest news 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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