META PLATFORMS INC. - 15 min. - Technical analysis published on 01/10/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
11%
61%
28%
My opinion
Bearish under 130.57 USD
My targets
128.18 USD (-0.99%)
126.90 USD (-1.99%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for META PLATFORMS INC. as long as the price remains well below 130.57 USD. The next bearish objective for sellers is set at 128.18 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 126.90 USD. In case of crossing, the next objective would be the support located at 124.51 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 128.18 USD. With this support, against the trend traders who want to buy META PLATFORMS INC. on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2
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This analysis was given by kenneth6411a. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The META PLATFORMS INC. rating is 129.47 USD. On the day, this instrument lost -0.42% and was traded between 129.28 USD and 132.95 USD over the period. The price is currently at +0.15% from its lowest and -2.62% from its highest.129.28
132.95
129.47
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by META PLATFORMS INC.:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this META PLATFORMS INC. chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Near support of channel
Type : Bullish
Timeframe : 15 minutes
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 117.61 | 124.60 | 129.05 | 129.47 | 132.95 | 146.01 | 158.72 |
| Change (%) | -9.16% | -3.76% | -0.32% | - | +2.69% | +12.78% | +22.59% |
| Change | -11.86 | -4.87 | -0.42 | - | +3.48 | +16.54 | +29.25 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 124.51 | 126.90 | 128.18 | 130.57 | 131.85 | 134.24 | 135.52 |
| Camarilla | 128.46 | 128.80 | 129.13 | 129.47 | 129.81 | 130.14 | 130.48 |
| Woodie | 123.97 | 126.62 | 127.64 | 130.29 | 131.31 | 133.96 | 134.98 |
| Fibonacci | 126.90 | 128.30 | 129.17 | 130.57 | 131.97 | 132.84 | 134.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 124.51 | 126.90 | 128.18 | 130.57 | 131.85 | 134.24 | 135.52 |
| Camarilla | 128.46 | 128.80 | 129.13 | 129.47 | 129.81 | 130.14 | 130.48 |
| Woodie | 123.97 | 126.62 | 127.64 | 130.29 | 131.31 | 133.96 | 134.98 |
| Fibonacci | 126.90 | 128.30 | 129.17 | 130.57 | 131.97 | 132.84 | 134.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.43 | 106.95 | 113.64 | 119.16 | 125.85 | 131.37 | 138.06 |
| Camarilla | 116.98 | 118.10 | 119.22 | 120.34 | 121.46 | 122.58 | 123.70 |
| Woodie | 102.03 | 107.24 | 114.24 | 119.45 | 126.45 | 131.66 | 138.66 |
| Fibonacci | 106.95 | 111.61 | 114.49 | 119.16 | 123.82 | 126.70 | 131.37 |
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): | 38.36 | |
| MACD (12,26,9): | -0.1200 | |
| Directional Movement: | -11.48 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 130.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 131.03 | |
| Elder Ray (13): | -0.77 | |
| Super Trend (3,10): | 131.35 | |
| Zig ZAG (10): | 129.47 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 12.37 | |
| TEMA (21): | 129.92 | |
| Williams %R (14): | -92.24 | |
| Chande Momentum Oscillator (20): | -1.93 | |
| Repulse (5,40,3): | -0.5400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.75 |
| MA7: | 125.59 | |
| MA20: | 120.30 | |
| MA50: | 112.81 | |
| MA100: | 130.00 | |
| MAexp7: | 130.04 | |
| MAexp20: | 130.48 | |
| MAexp50: | 129.89 | |
| MAexp100: | 128.28 | |
| Price / MA7: | +3.09% | |
| Price / MA20: | +7.62% | |
| Price / MA50: | +14.77% | |
| Price / MA100: | -0.41% | |
| Price / MAexp7: | -0.44% | |
| Price / MAexp20: | -0.77% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | +0.93% |
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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