@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?
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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:
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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