Short Answer "Not Really"
however, the recent closing prices seem to remain below the 50‑day SMA, which suggests the trend is not clearly “recovered” yet.
In other words: there might be short‑term bullish momentum, but it’s not yet confirmed by a sustained close above the 50‑day average — the usual threshold many technicians watch.
Takeaway (technical): META seems to be in a sort of “neutral to slightly bullish long-term, but under pressure medium‑term” zone. It’s not decisively broken out — but if it climbs above and sustains above the 50‑day SMA, many technical analysts might view that as a bullish trigger.
however, the recent closing prices seem to remain below the 50‑day SMA, which suggests the trend is not clearly “recovered” yet.
In other words: there might be short‑term bullish momentum, but it’s not yet confirmed by a sustained close above the 50‑day average — the usual threshold many technicians watch.
Takeaway (technical): META seems to be in a sort of “neutral to slightly bullish long-term, but under pressure medium‑term” zone. It’s not decisively broken out — but if it climbs above and sustains above the 50‑day SMA, many technical analysts might view that as a bullish trigger.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.