Meta Platforms builds technology that helps people connect, find communities, and improve businesses. Co. has two segments: Family of Apps, which includes Facebook, Instagram, Messenger and WhatsApp; and Reality Labs, which includes Meta Quest virtual reality devices, as well as software and content available through the Meta Quest Store. Co. has launched Horizon Worlds, a social platform where people can interact with friends, meet new people, play games, and attend virtual events, and Horizon Workrooms, a virtual reality space for teams to connect and collaborate at work. As part of its augmented reality initiatives, Co. has introduced Ray-Ban Stories smart glasses and Meta Spark.
When researching a stock like Meta Platforms, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from META Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for META stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the META 200 day moving average ("META 200 DMA"), while one of the most popular "shorter look-backs" is the META 50 day moving average ("META 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Meta Platforms. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the META 200 DMA and the META 50 DMA, we get a moving average convergence divergence indicator ("META MACD"). The META MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis