Facebook Technical Analysis
26 Jul 2022
FACEBOOK Technical Analysis: Weekly Chart
In the weekly charts, FACEBOOK is trading in down channel. FACEBOOK is currently trading below all SMA.
RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 157.23 & the resistance level is at 183.89.
FACEBOOK will trade in down channel until there is trend reversal.
FACEBOOK Technical Analysis: Daily Chart
In the daily charts, FACEBOOK is trading in an up channel. FACEBOOK is currently trading below all SMA.
RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 161.70 & the resistance level is at 171.46.
FACEBOOK will trade in an up channel until there is trend reversal.
How to Trade FACEBOOK this Week:
FACEBOOK will follow the downtrend until their trend reversal. So, remain bearish on FACEBOOK.