Meta stock trades below all three daily EMAs in a bearish setup

Meta Platforms has a bearish daily setup , despite mixed short-term momentum readings. Meta stock sits below all three daily exponential averages and the lower daily Bollinger band. The hourly chart broadly supports that cautious view, while positive intraday MACD histograms complicate the picture without overturning it. Key takeaways Meta stock was trading at $642.55 as of 11:43 ET on Monday, down 0.01% from the previous close. Price sits below the daily 200-session EMA ( $643.95 ), the daily lower Bollinger band ($647.57), and all three daily exponential averages.

Source: The Cryptonomist