How StockCharts TV’s view on $META changed

2026-09-22Bullish
“The BEST Chart in All 11 Sectors (September 2026)”
Meta shows bullish momentum via gap-and-rise pattern and rising relative strength; key test is breaking resistance at 680-690.

So, I had a lot of interesting options , but I would choose Meta. Meta is the highest- rated stock in this sector according to Scooter's ratings.

Of course, last week in our " Market Replay" program we focused on a chart like this, where we addressed a key resistance level. If we look at what happened earlier this month, right?

We rose to the 200-day moving average, and then the price gapped above it . This is a classic pattern I call the " gap and rise" pattern, where the price rises above the resistance level, and then the price rises. This is a very positive sign , isn't it?

2026-09-11
“Only 25% of Stocks Are Holding Up”
META reclaimed the 200-day SMA on positive news, yet the technical setup remains unattractive even as it outperforms weak peers.

Meta up here front and center. We are back above that 200-day simple moving average. A lot of this having to do with the fact that Meta did settle that class-action lawsuit against them that was viewed as good news.

However, I would not call this a particularly attractive chart, but it certainly is outperforming weakness that we are seeing elsewhere.

2026-08-28Bearish
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