META Platforms (META) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for META · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$587.94last close · Aug 4, 202652-week range $520.26 – $796.25 · 26.16% below the high

META Falling Wedge Pattern

META is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $631.78 (+12.6%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; META's own falling wedges have hit 44.4%.

DirectionBullishTarget$631.78Projected move+12.6%Breakout level$560.21

New to this pattern? What a falling wedge is and how to trade it →

META's Most Recent Falling Wedge Trade

META's most recent completed falling wedge resolved as a win: it broke higher on Jul 1, 2026 near $607.91, then reached its target at $645.85 on Jul 20, 2026 — a +0.56R move (6.2%) over 12 sessions. Across 52 backtested falling wedges, this setup wins 63.5% of the time.

OutcomeWinResult+0.56REntry$607.91Exit$645.85

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
META win rate
44.4%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

META Pattern Trade History

Every completed pattern trade our nightly backtest found on META's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeJul 1, 2026 @ $607.91Jul 20, 2026 @ $645.85Win+0.56R
TriangleMar 12, 2026 @ $643.19Mar 27, 2026 @ $522.59Win+4.08R
Falling WedgeOct 20, 2025 @ $721.19Oct 30, 2025 @ $666.47Loss-2.50R
TriangleJan 22, 2025 @ $631.19Feb 18, 2025 @ $716.37Win+2.00R
Falling WedgeDec 3, 2024 @ $595.48Dec 17, 2024 @ $619.44Win+0.52R
TriangleSep 17, 2024 @ $541.76Dec 17, 2024 @ $619.44Win+1.68R
TriangleApr 4, 2024 @ $516.42Apr 19, 2024 @ $481.07Loss-1.02R
Rising WedgeJan 10, 2024 @ $367.97Feb 21, 2024 @ $468.03Win+3.58R
Rising WedgeDec 20, 2023 @ $354.52Feb 21, 2024 @ $468.03Win+2.78R
TriangleOct 6, 2023 @ $310.05Oct 18, 2023 @ $316.97Win+0.30R
Rising WedgeAug 10, 2023 @ $304.51Aug 18, 2023 @ $277.56Win+1.24R
TriangleMar 31, 2023 @ $209.54May 9, 2023 @ $233.37Win+2.05R

META Support and Resistance Levels

Price is bouncing off a floor near $557.84 and starting to climb. On the weekly chart, the next ceiling overhead sits near $740.31 — about 26% away.

  • Traders commonly watch $740.31 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $557.84 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $550.87, resistance near $599.08. These are chart/swing-derived levels, not formula pivots.

Resistance
$599.08$665.96$681.43$687.89$740.31$994.43$1,204.10
Support
$550.87

META Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$581.50$592.79$578.25$587.94
Aug 3, 2026$562.24$597.52$559.36$590.24
Jul 31, 2026$543.60$558.33$540.22$556.71
Jul 30, 2026$526.00$539.88$524.49$539.03
Jul 29, 2026$593.25$599.97$582.22$585.61
Jul 28, 2026$596.82$601.00$587.00$593.41
Jul 27, 2026$607.22$611.26$593.13$593.87
Jul 24, 2026$605.30$609.98$594.45$595.19
Jul 23, 2026$608.41$614.65$597.22$606.10
Jul 22, 2026$647.70$649.00$624.00$627.17

META Frequently Asked Questions

What chart pattern is META forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on META Platforms (META) on the daily chart, with a measured-move target of $631.78.
Is a falling wedge bullish or bearish?
The falling wedge detected on META is a bullish pattern, projecting a measured-move target of $631.78. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for META?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), META's nearest support is around $550.87 and nearest resistance around $599.08.
What is the price target if META's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $631.78 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was META's closing price on Aug 4, 2026?
META Platforms (META) last closed at $587.94 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.