Meta stock trades below all three daily EMAs in a bearish setup

Image: The Cryptonomist
Meta Platforms has a bearish daily setup , despite mixed short-term momentum readings. Meta stock sits below all three daily exponential averages and the lower daily Bollinger band. The hourly chart broadly supports that cautious view, while positive intraday MACD histograms complicate the picture without overturning it. Key takeaways Meta stock was trading at $642.55 as of 11:43 ET on Monday, down 0.01% from the previous close. Price sits below the daily 200-session EMA ( $643.95 ), the daily lower Bollinger band ($647.57), and all three daily exponential averages. The daily RSI14 is 35.72; the daily MACD histogram is -14.76, with the MACD line at -6.16 below its signal at 8.6.
Read the full story on The CryptonomistBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to The Cryptonomist.






