Jun 1, 2026 at 9:00 PM
•
$600.47
(-5.07%)
The stock of Meta Platforms Inc (META) dropped 5.07% to close at $600.47 on June 1.
From a technical standpoint, the outlook appears bearish:
Momentum
RSI at 41.5 is neutral but weakening. MACD is bullish (-2.64 vs signal -3.97).
Moving Averages
Price sits below both the 9-day ($617.78) and 21-day ($619.37) EMAs, suggesting short-term weakness.
Volatility
Stock has been in a TTM Squeeze for 4 days, indicating compressed volatility and potential for a significant move.
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $592.01.
The $592.01-$633.81 range defines near-term boundaries.