To predict the stock price of FANG (specifically focusing on Meta Platforms, Inc. (META)) for the next trading week, we analyze both technical and fundamental factors.
Meta Platforms has shown strong performance recently, with a current stock price of $597.05 as of the last trading session. The company has been making significant strides in AI, including partnerships with Reliance Industries and heavy investments in AI infrastructure, which are expected to drive future growth.
The stock is currently in a bullish trend, with the MACD indicating a buy signal. The RSI of 42.90 suggests the stock is not overbought, and the Fibonacci pivot level of $601.83 indicates strong support.
Based on the analysis, the stock is expected to rise to approximately $620 in the next trading week.
Buy META as the technical indicators and fundamental news suggest continued upward momentum.
The price of FANG is predicted to go up 6.91%, based on the high correlation periods with MD. The similarity of these two price pattern on the periods is 96.41%.
FANG
MD
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Morgan Stanley
2025-03-27
Price Target
$227 → $206
Upside
+28.61%
Barclays
2025-03-18
Price Target
$210 → $200
Upside
+29.03%
JP Morgan
2025-03-13
Price Target
$212 → $167
Upside
+14.54%