On Thursday, META stock price gained an impressive 10.40%

StockInvest.us, 4 months ago

META

The META stock price gained 10.40% on the last trading day (Thursday, 29th Jan 2026), rising from $668.73 to $738.31. During the last trading day the stock fluctuated 4.41% from a day low at $712.55 to a day high of $744.00. The price has risen in 7 of the last 10 days and is up by 19.95% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 43 million more shares were traded than the day before. In total, 60 million shares were bought and sold for approximately $44.01 billion.

On Jan 29, 2026, it was reported that Deutsche Bank gave META a "Buy" grade with a "hold" action.

The stock has broken the wide and weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $695.92, a level that may pose a second chance to hit a runner. According to fan-theory $783.35 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

META

The META stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $667.39 and $652.75. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, January 20, 2026, and so far it has risen 22.21%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

On the downside, the stock finds support just below today's level from accumulated volume at $666.47 and $658.77.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, META finds support just below today's level at $666.47. If this is broken, then the next support from accumulated volume will be at $658.77 and $648.35.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $31.45 between high and low, or 4.41%. For the last week, the stock has had daily average volatility of 2.66%.

META holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Check full META forecast and analysis here.
Trusted Broker
Start Your Journey With:
eToro
0% Commission Stock Trading
Follow Other Investors Strategy
Wide variety: Crypto, stocks, ETFs

Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.