META PLATFORMS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	META
ISIN:

META PLATFORMS INC. - Daily - Technical analysis published on 11/25/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Strongly bearish

Technical indicators

56%

39%

My opinion

Bearish under 126.17 USD

My targets

109.38 USD (-1.69%)

99.38 USD (-10.68%)

My analysis

With a strongly bearish trend, the price of META PLATFORMS INC. is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 126.17 USD remains possible. It would be possible for traders to only trade short positions (for sale) on META PLATFORMS INC. as long as the price remains well below 126.17 USD. The next bearish objective for sellers is set at 109.38 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 99.38 USD. In case of crossing, the next objective would be the support located at 88.91 USD.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

2.7

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 Clay707. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

META PLATFORMS INC. rating 111.26 USD. On the day, this instrument lost -0.87% and was between 111.02 USD and 112.73 USD. This implies that the price is at +0.22% from its lowest and at -1.30% from its highest.

111.02

112.73

111.26

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

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in Daily of this META PLATFORMS INC. chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: this global trend is showing signs of running out of steam given the neutral signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	21.18	72.03	88.91	111.26	146.01	158.72	183.17
Change (%)	-80.96%	-35.26%	-20.09%	-	+31.23%	+42.66%	+64.63%
Change	-90.08	-39.23	-22.35	-	+34.75	+47.46	+71.91
Level	Minor	Intermediate	Major	-	Major	Intermediate	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	109.15	109.94	111.09	111.88	113.03	113.82	114.97
Camarilla	111.71	111.88	112.06	112.24	112.42	112.60	112.77
Woodie	109.33	110.03	111.27	111.97	113.21	113.91	115.15
Fibonacci	109.94	110.68	111.14	111.88	112.62	113.08	113.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.38	104.59	108.32	113.53	117.26	122.47	126.20
Camarilla	109.59	110.41	111.23	112.05	112.87	113.69	114.51
Woodie	98.64	104.22	107.58	113.16	116.52	122.10	125.46
Fibonacci	104.59	108.01	110.12	113.53	116.95	119.06	122.47

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.59	59.59	76.38	109.38	126.17	159.17	175.96
Camarilla	79.47	84.03	88.60	93.16	97.72	102.29	106.85
Woodie	18.48	55.54	68.27	105.33	118.06	155.12	167.85
Fibonacci	59.59	78.61	90.36	109.38	128.40	140.15	159.17

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	47.27
MACD (12,26,9):	-2.6700
Directional Movement:	-1.12
AROON (14):	50.00
DEMA (21):	106.37
Parabolic SAR (0,02-0,02-0,2):	99.93
Elder Ray (13):	1.36
Super Trend (3,10):	97.87
Zig ZAG (10):	111.37
VORTEX (21):	0.9600
Stochastique (14,3,5):	75.36
TEMA (21):	110.81
Williams %R (14):	-28.84
Chande Momentum Oscillator (20):	14.88
Repulse (5,40,3):	0.6000
ROCnROLL:	-1
TRIX (15,9):	-0.6200
Courbe Coppock:	34.71

MA7:	111.66
MA20:	104.52
MA50:	122.69
MA100:	144.59
MAexp7:	111.26
MAexp20:	111.43
MAexp50:	122.74
MAexp100:	142.28
Price / MA7:	-0.36%
Price / MA20:	+6.45%
Price / MA50:	-9.32%
Price / MA100:	-23.05%
Price / MAexp7:	-0%
Price / MAexp20:	-0.15%
Price / MAexp50:	-9.35%
Price / MAexp100:	-21.80%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on META PLATFORMS 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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