Technical Analysis for META - Meta Platforms, Inc.

Grade Last Price % Change Price Change
B 504.68 0.09% 0.46
META closed up 0.09 percent on Monday, July 1, 2024, on 67 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
20 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Doji - Bullish? Reversal 0.00%
Stochastic Sell Signal Bearish 0.09%
Slingshot Bullish Bullish Swing Setup 0.09%
Cup with Handle Other 0.09%
Overbought Stochastic Strength 0.09%
Overbought Stochastic Strength -2.86%
Up 3 Days in a Row Strength -2.86%

   Recent Intraday Alerts

Alert Time
20 DMA Support about 7 hours ago
Down 2 % about 9 hours ago
Down 1% about 10 hours ago
Fell Below 20 DMA about 10 hours ago
10 DMA Resistance about 10 hours ago

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Profile

Meta Platforms, Inc. Description

Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.


Classification

Sector: Technology
Industry: Internet Content & Information
Keywords: S&P 500 Computing Nasdaq 100 Software Mobile Devices Social Media Virtual Reality Mobile Applications Metaverse Hyperscale Instant Messaging Clients Mixed Reality Meta Platforms

Is META a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 530.9627
52 Week Low 273.8273
Average Volume 15,370,401
200-Day Moving Average 411.77
50-Day Moving Average 479.79
20-Day Moving Average 500.63
10-Day Moving Average 505.37
Average True Range 11.72
RSI (14) 55.75
ADX 16.1
+DI 22.90
-DI 23.89
Chandelier Exit (Long, 3 ATRs) 487.71
Chandelier Exit (Short, 3 ATRs) 489.18
Upper Bollinger Bands 521.31
Lower Bollinger Band 479.96
Percent B (%b) 0.6
BandWidth 8.26
MACD Line 7.74
MACD Signal Line 7.81
MACD Histogram -0.0707
Fundamentals Value
Market Cap 1.11 Trillion
Num Shares 2.2 Billion
EPS 14.85
Price-to-Earnings (P/E) Ratio 33.99
Price-to-Sales 8.85
Price-to-Book 7.82
PEG Ratio 1.07
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 524.80
Resistance 3 (R3) 523.19 514.89 521.44
Resistance 2 (R2) 514.89 509.76 515.69 520.32
Resistance 1 (R1) 509.78 506.60 505.63 511.39 519.21
Pivot Point 501.48 501.48 499.40 502.28 501.48
Support 1 (S1) 496.37 496.35 492.22 497.98 490.15
Support 2 (S2) 488.07 493.19 488.87 489.04
Support 3 (S3) 482.96 488.07 487.92
Support 4 (S4) 484.57