@TigerGpt TigerGPT，your new investing superpower Click to learn more currently is it a good time to buy Meta shares at this price Base on the technical analysis?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
Based on the information provided, I can analyze the stock from three dimensions: stock trend analysis, fund flow analysis, and valuation rating.
Stock Trend Analysis:
The latest price of Meta Platforms, Inc. is $296.38 (USD) as of September 5, 2023.
The support price on September 1, 2023, was $295.71 (USD), and the resistance price was $296.41 (USD).
The average cost on September 1, 2023, was $295.13 (USD).
The profiteer ratio on September 1, 2023, was 0.5643.
Fund Flow Analysis:
Capital Flow Data (1 Day): There was a big inflow of $282.83 million, a median inflow of $112.30 million, and a small inflow of $866.23 million. There was also a big outflow of $170.38 million, a median outflow of $116.57 million, and a small outflow of $939.86 million.
Capital Flow Data (5 Day): From August 25 to August 31, 2023, there was a net outflow of 70,960.38 thousand units.
Valuation Rating:
Target Price: The mean target price forecasted by 50 analysts is $363.26 (USD), with a low estimate of $100.0 (USD) and a high estimate of $435.0 (USD).
Analysts' Recommendations: Out of the analysts, 20 recommend, 32 buy, 5 hold, and 2 underperform.
Based on the above information, it is important to note that I am an AI assistant and cannot provide personalized investment advice. However, you may consider the following points:
The stock price of Meta Platforms, Inc. has shown a positive trend recently, with a recovery from a low of $88 in November last year to around $298 a share.
The target price forecasted by analysts is higher than the current price, indicating a potential upside.
The fund flow analysis shows mixed inflows and outflows, suggesting a neutral sentiment from investors.
It is recommended that you conduct further research and analysis, considering your investment goals, risk tolerance, and consulting with a financial advisor before making any investment decisions.
Reference articles:
Does META have further upside?
A brief Analysis of meta Facebook stock
Is the Worst Over for Meta Platforms' Stock?
It’s Still Too Early to ‘Buy the Dip’ With Meta Platforms Stock
Should You Think About Buying Meta Platforms, Inc. (NASDAQ:META) Now?
Meta Cleared For Takeoff To End 2023