Technical Warning: META RSI Hits Overbought at $751.66
Meta Platforms Inc (META) fell 3.34% to finish at $751.66 on September 26.
The technical picture is mixed:
Momentum
RSI at 71.4 is elevated in overbought zone, which often precedes pullbacks. MACD reads 42.82 against its 31.15 signal line (bullish).
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($720.79) supports, 21-day ($674.96) below.
Volatility
Bollinger Band width at 37.1% indicates normal volatility.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Key levels to watch: Support at $538.35, Resistance at $783.37.
