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Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

Meta Platforms, Inc. - Class A (NASDAQ:META)

Sidelines Mode (-55) - META is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid META?

MarketClub looks at technical strength and momentum to determine if the timing is right for META.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_META
Open High Low META Price Change
489.80 495.22 487.72 488.80 +1.40
Entry Signal

MarketClub’s Trade Triangles for META

long term up The long-term trend has been UP since Jan 23rd, 2023 at 142.3901

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 493.1700

short term up The short-term trend has been UP since Jul 22nd, 2024 at 486.7100

Smart Scan Analysis for META

Based on our trend formula, META is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for META
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
489.80 495.22 487.72 488.80 +1.40
Prev. Close Volume Bid Ask Time
487.40 7649853 2024-07-23 15:59:59
52wk High542.8152wk High Date2024-07-08
52wk Low274.3852wk Low Date2023-08-18
Average Volume13,881,810Shares Outstanding2,540,802
Assets222,844,000MLiabilities733,150,000M
P/E Ratio28.0276
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