Meta stock price 10 Weeks forecast

pretiming
2023-06-28

$Meta Platforms, Inc.(META)$ Buy and Hold

This week's stock price Buy-Sell strength analysis

The current trend appears to be 'Uptrend'. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a weaker upward rate than the current trend.

The overall buy-and-sell strength indicates that the buy strength is stronger than the sell.

Assuming that the average buy strength is 100%,

This week's buy strength is 45%

Next week's stock price Buy-Sell strength Forecast

Based on recent stock trends and technical analysis, it looks like META stock will enter an Correction trend next week

The %strength of Risk & Return next week :70%

HIGH ~ LOW % range next week :6.4%-0.2%

Predicted Average loss over the next 3 weeks:-1.5%

The price of META stock moves in line with the rise and fall of the stock market index with a probability of 74%

, and conversely, it moves against the stock market index trend with a probability of 26%

because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-week forecast may also change.

META stock price 10 Week forecast

It is expected that the overall trend movement over the next 10 weeks will follow an ascending rectangle pattern, with a ratio of 4 : 6 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected strength of the upward and downward movements, the upward strength is somewhat higher, while the downward strength is moderate. Currently, it's in the midst of a strong uptrend in prices, marked by brief declines and strong rises. and It's maintaining a suitable Buy-Sell strength for the current trend conditions.

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position. A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate selling timing is predicted to be this week or next week.

Forecast of Upper~Lower price range over the next 10 weeks

Price:

267.18

~

324.79

% Change:

-7.5%

~

12.5%

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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