META Sees Bearish MACD Divergence at $599.12
Meta Platforms Inc (META) closed up 0.71% at $599.12 on August 11.
The technical picture is mixed:
Moving Averages
Moving averages are converging near $592.07 (9-day) and $597.70 (21-day), signaling indecision.
Momentum
RSI at 49.8 is neutral but improving. MACD reads -5.70 against its -5.46 signal line (bearish).
Volatility
Bollinger Band width at 22.6% indicates normal volatility.
Watch $537.65 as support and $674.51 as resistance.
