Joe Biden said he would be open to breaking up Facebook. In an interview on Monday with The Associated Press, the former vice-president said that dismantling large technology companies is "something we should take a really hard look at."
Sen. Elizabeth Warren of Massachusetts has been the most outspoken Democratic presidential candidate to press for greater regulation of Silicon Valley's most prominent companies. While Biden didn't fully embrace her proposal — saying it's "premature" to make a final judgment — he praised Warren and said she "has a very strong case to be made" for cracking down on tech giants.
META's Aroon Indicator triggered a bullish signal on March 04, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 342 similar instances where the Aroon Indicator showed a similar pattern. In of the 342 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
The Momentum Indicator moved above the 0 level on February 20, 2024. You may want to consider a long position or call options on META as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where META advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for META turned negative on February 21, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where META declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
META broke above its upper Bollinger Band on March 01, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. META’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (8.292) is normal, around the industry mean (17.360). P/E Ratio (33.500) is within average values for comparable stocks, (54.475). Projected Growth (PEG Ratio) (1.139) is also within normal values, averaging (3.655). Dividend Yield (0.001) settles around the average of (0.027) among similar stocks. P/S Ratio (9.709) is also within normal values, averaging (9.244).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a social networking service and website
A.I.dvisor indicates that over the last year, META has been loosely correlated with GOOGL. These tickers have moved in lockstep 49% of the time. This A.I.-generated data suggests there is some statistical probability that if META jumps, then GOOGL could also see price increases.