META
Meta Platforms Class A
$621.03
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
USFL constituent · entry card
| Buy zone (breakout retest) | — | — | no confirmed breakout, so no retest zone |
| Profit-Taking Zone | $662.67–678.67 | +6.7% to +9.3% | wk high ’25-05-16, wk high 03-06, wk high ’25-12-26 |
| Trading stop · daily close | below $599.66 | -3.4% | trading downgrade |
| Trend stop · Friday close | below $580.00 | -6.6% | trend downgrade one state |
| Breakout Buy Level | close above $643.00 | +3.5% | top of R1 (40-wk SMA, wk low 02-20) |
APPENDIX · META · TECHNICAL TRADING SCORECARD
Scores · Trend 30.0
| RS vs S&P (20) + sector (10) | 0.0 + 9.0 = 9.0 / 30 |
| Structure (6 checks) | 9 / 30 |
| Score = (RS + structure) × 100/60 | 30.0 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Down |
| Confirmation (2 consecutive Fridays) | confirmed Up; Down pending 1/2 |
| Trend (confirmed) | Up |
✖ Fri close above 40-wk SMA 0/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✖ No lower high vs cycle high 0/5 · ✖ Fri close above 20-wk SMA 0/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✖ 4-mo SMA > 13-mo SMA (completed months, to Sep) 0/5
Weekly raw states: 09-25 Up → 10-02 Up → 10-09 Up → 10-16 Up → 10-23 Up → 10-30 Down. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 21.1
| RS (S&P 20 + sector 10) | 2.0 + 0.0 / 30 |
| Structure | 6 / 25 |
| Coppock (daily) — negative & falling | 2.5 / 25 |
| Band position | 10.7 / 20 |
| Raw | 21.1 (Established Down) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 21.1 Established Down |
| ✖ Close above 50-day SMA 0/5 · ✔ 50-day SMA rising (10 d) 3/3 · ✖ Close above 100-day SMA 0/4 · ✖ Close above 200-day SMA 0/5 · ✔ 200-day SMA rising (20 d) 3/3 · ✖ No daily lower high (last two swing highs) 0/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (META close needed) |
|---|
| Trend · S&P | 5 Established Down (−) ↓ | -2.61% | -12.39% | Est. Up ≥ 711.25 (+14.5%) · Early Up ≥ 631.47 · Est. Down < 628.11 |
| Trend · XLC | 1 Established Up (−) → | +6.04% | -4.26% | Est. Up ≥ 581.30 (-6.4%) · Est. Down < 567.10 |
| Trading · S&P | 5 Established Down (+) → | -4.59% | +1.43% | Early Up ≥ 647.49 · Est. Down < 644.03 |
| Trading · XLC | 5 Established Down (−) → | -1.65% | -0.78% | Est. Up ≥ 805.33 (+29.7%) · Early Up ≥ 630.04 · Est. Down < 626.67 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 621.03)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 686.08–691.65 | +10.5% to +11.4% | wk high 07-17 686.08 · wk low ’25-10-10 690.51 · wk low ’25-08-01 691.20 · wk high 04-17 691.52 · wk low ’25-07-18 691.65 |
| R2 | 662.67–678.67 | +6.7% to +9.3% | wk high ’25-05-16 662.67 · wk high 03-06 672.77 · wk high ’25-12-26 673.58 · wk low ’25-06-20 678.67 |
| R1 | 627.15–643.00 | +1.0% to +3.5% | 40-wk SMA 627.15 · wk low 02-20 628.15 · 200-day SMA 632.04 · wk high ’25-01-10 632.10 · wk high ’25-03-28 633.88 · 50% 638.02 · wk high 2024-12-13 638.40 · wk high 05-29 643.00 |
| S1 | 599.66–612.43 | -1.4% to -3.4% | wk high 08-14 612.43 · wk high 06-19 605.81 · wk high 2024-10-11 602.95 · wk high 2024-11-01 601.20 · 61.8% 600.68 · wk low 01-23 600.00 · wk high 2024-11-15 599.66 |
| S2 | 580.00–592.60 | -4.6% to -6.6% | wk low 05-15 592.60 · wk low ’25-01-17 588.55 · wk low ’25-01-03 583.85 · wk low ’25-11-21 581.25 · wk low 2024-12-20 580.00 |
| S3 | 549.05–561.52 | -9.6% to -11.6% | wk low 2024-10-25 561.52 · wk low 06-12 557.01 · wk low 2024-11-22 549.05 |
| ATH | 796.25 | +28.2% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 599.66 (-3.4%): trading downgrades one state, re-anchor to S2 580.00–592.60.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 580.00 (-6.6%): trend downgrades one state, re-anchor to S3 549.05–561.52.
- Trend vs S&P: Est. Up ≥ 711.25 (+14.5%) · above its 16-wk avg ≥ 631.47 · Est. Down < 628.11 (+1.1%) (next Friday, benchmark flat).
- Trading vs S&P: Early Up ≥ 647.49 · Est. Down < 644.03.
Sluymer context
- 2026-08-18 chartbook: “META remains range bound with a pullback retesting important support and stop loss level between 525-540.”
- 2026-09-22 chartbook: “META has reversed its 2025-2026 downtrend rallying back to short-term resistance at its February highs. While a near-term pullback is likely, the bigger pattern suggests pullbacks will be short lived with 796 followed by 967 next technical levels.”
- 2026-09-29 chartbook: “META – After surging through its 2025-2026 downtrend, META is pulling back from short-term overbought levels with 622-652 support near the 50-62% retracement levels.”
- 2026-10-13 chartbook: “META is consolidating its recent surge in a sideways band that likely has another 2-3 weeks before another upside attempt develops based on the daily momentum in the top right panel.”
Notes & caveats
PAG U.S. Focus List holding, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-10-14 (RBC PAG "Guided Portfolio Large Cap Equity Grid", last updated October 14, 2026 (u.s._focus_list_current.pdf; Focus List names, weights and Alternatives), Gmail (sc.assistant80@gmail.com), "USFL and CFL equity grids" from stephen.k.chang@rbc.com, Oct 21, 2026 3:20 PM PT; matches the Oct 14, 2026 U.S. Focus List Change Report); List weight 5.00%. Benchmarks: S&P 500 (20 pts) and XLC (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
