Meta stock sinks 3.8% as bearish trend meets fading momentum

Meta stock is trading inside a clear daily downtrend, closing at 546.03 within a 537.28–554.06 range. The bearish daily structure holds, but the hourly chart shows selling pressure starting to fade. This divergence between timeframes defines the current Meta stock price outlook.

Key takeaways

• Meta stock closed at 546.03, below the daily 20, 50 and 200-period EMAs.
• The daily RSI14 at 37.05 and a widening negative MACD histogram confirm building downside momentum.
• The hourly MACD histogram turned positive at 0.65, hinting at fading intraday selling pressure.
• Key levels include the daily pivot at 545.79, resistance at 554.3 and support at 537.52.
• Meta’s Q2 revenue rose 27.9% to $60.8 billion, yet legal and AI spending concerns pressured the stock.

Meta Stock Technical Analysis: Daily Bias Turns Bearish

The daily bias for Meta stock is firmly bearish. Its 20-period EMA sits at 583.84, the 50-period at 596.08 and the 200-period at 629.21. All three sit above the close of 546.03.

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