META PLATFORMS INC-CLASS A (META)

US30303M1027 - Common Stock

597.36  +12.11 (+2.07%)

Technical Rating and Analysis

10

Overall META gets a technical rating of 10 out of 10. Both in the recent history as in the last year, META has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, META did better than 90% of all other stocks. We also observe that the gains produced by META over the past year are nicely spread over this period.
META is part of the Interactive Media & Services industry. There are 72 other stocks in this industry. META outperforms 87% of them.
META is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so META is performing more or less in line with the market.
META has an average volume of 12801800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month META has a been trading in the 554.59 - 638.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
META Weekly chart
META Daily chart
Setup Rating and Analysis

5

Although META has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

489.44

639.02

We found 3 important support areas.

  • A support zone ranging from 577.53 to 585.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 554.07 to 556.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @494.38 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 623.78 to 632.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.71
Mansfield0.6
10 Day High638.4
10 Day Low580
20 Day High638.4
20 Day Low554.59
52 Week High638.4
52 Week Low340.01
Performance
1 Week-5.66%
2 Weeks-6.18%
1 Month3.94%
3 Month4.26%
6 Month18.28%
12 Month65.61%
2 Year386.33%
3 Year74%
5 Year185.14%
10 Year650.13%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-3.55
RSI(14)44.09
LBB587.97
UBB640.39
META Daily chart

META PLATFORMS INC-CLASS A

NASDAQ:META (12/23/2024, 12:23:04 PM)

597.36

+12.11 (+2.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg2.07%
1 Week-5.66%
2 Weeks-6.18%
1 Month3.94%
3 Month4.26%
6 Month18.28%
12 Month65.61%
2 Year386.33%
3 Year74%
5 Year185.14%
10 Year650.13%
15 YearN/A
Volatility
ATR(14)17.47
ATR(20)%2.78%
ATR Inc17.19%
Range Today13
ADR(20)16.08
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.71
Mansfield0.6
10 Day High638.4
10 Day Low580
20 Day High638.4
20 Day Low554.59
52 Week High638.4
52 Week Low340.01
CS1 End584.28
CR1 Start623.78
Volume & EV
DER(3)-2.16%
DER(5)-1.42%
Volume5.29M
Volume Incr85.29%
Vol(5)20.96M
Vol(50)12.80M