Earnings flip the signal
Meta Platforms sheds 6.5% after earnings as a new sell signal kicks in
Earnings flip the signal
Our view last week
Meta Platforms reports quarterly earnings this very week, a real test for a buy signal that's still young. On the technical side, the week brought more than one warning sign: buyers are losing ground, volumes are contracting, and the distribution phase is advancing, while the weekly MACD keeps worsening below the Ichimoku cloud. Still, the double bottom from seven days ago in the 549 area remains a point of strength: the rebound from there ran 12%.
This week's summary
Meta Platforms drops 6.5% in earnings week and flips from a buy signal into a fresh sell signal: last week's warning signs - buyers losing ground, volumes contracting, distribution building - have now played out. Strength on the new signal runs high, 92 out of 100, with the downtrend making lower lows and pace holding, while price still sits above the 200-week moving average.
IQS Phase
56
ordinary
Signal Strength
92
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#4 / 138
New us stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Rank position
ranks 4th among the 138 sell signals for US stocks in our ranking, with a signal strength of 92 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -0.30% · monthly -5.53%
META belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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