META Sinks Below Technical Support to $639.30
Meta Platforms Inc (META) advanced 0.33%, ending the session at $639.30 on February 25.
Technical indicators paint a bearish picture:
Moving Averages
The stock trades below its 9-day EMA ($648.25) with the 21-day ($655.23) acting as overhead resistance.
Momentum
RSI at 43.5 is showing no strong directional bias. MACD reads -4.88 against its -0.88 signal line (bearish).
Volatility
Bollinger Band width at 16.1% indicates normal volatility.
Key levels to watch: Support at $614.15, Resistance at $721.95.
