META stock slides slightly as negative momentum persists near $625 resistance: weekly review

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Meta slips 0.39% over the week

Highlights

Meta shares face medium-term selling pressure, trading below key weekly averages but maintaining a long-term uptrend above major support.
Momentum and oscillators indicate pronounced bearishness, with MACD signaling strong sell and overall trend strength remaining weak.
Price is forecast to move between $588 and $625 next week, with a sideways to bearish bias unless resistance at $625 is broken.

Investment shifts and AI spending drive sentiment this week

Meta raised its 2026 capital expenditure guidance to $125–145 billion to support AI infrastructure investments, marking a significant strategic move amid ongoing investment in future technologies. The company also implemented major workforce reductions in recent months, laying off approximately 8,000 employees, and reported a 33% rise in Q1 revenue. Institutional activity included reductions in holdings by Thrivent Financial for Lutherans and AMJ Financial Wealth Management, while Lockheed Martin Investment Management Co. notably increased its stake. Progress on ongoing litigation was marked by the US Supreme Court's decision to allow Vermont's social media addiction case against Meta to proceed.

Bearish weekly momentum as technicals confirm negative bias

On the weekly chart, META remains pressured as it trades below its MA-20 and MA-50, while continuing to show strong long-term support above the MA-200. Key weekly support is seen at $588, with resistance at $625. The RSI (W1) is at 46.15, indicating mild selling pressure, while other weekly oscillators such as the CCI and Stochastic RSI signal bearish to neutral momentum. The MACD remains on a strong sell, the ADX highlights a lack of clear trend strength, and Bull/Bear Power points to an oversold condition. The Awesome Oscillator is neutral, with brief counter-trend signals failing to outweigh predominant negative momentum.

Sideways to bearish outlook projected amid low breakout odds

For the upcoming five trading days, weekly indicators suggest a continuation of sideways to bearish price movement within a $588 to $625 range. A sustained move above $625 could open the way for short-term recovery, but the probability of such a breakout is low given the current technical setup. If price falls below $588, a deeper sell-off could unfold in line with the current negative momentum. The most likely scenario is for META to remain under medium-term pressure as sellers dominate, with low odds of a bullish reversal in the near term.

Jainam Mehta, market strategist, sees META facing continued medium-term selling pressure this week after closing below both its MA-20 and MA-50, though the stock remains well-supported above its long-term MA-200. He notes the negative momentum persists across key oscillators, while recent capital expenditure guidance and notable workforce reductions highlight management’s pivot toward AI-driven investment. The analyst also emphasizes that weekly support at $588 is crucial, with a sustained move above $625 required to disrupt the current sideways-to-bearish dynamics. "Unless META can reclaim $625 this week, I expect price action to remain defensive and see little reason to chase upside until technical momentum improves."

Earlier, analysts noted that Meta faced constrained upside momentum due to persistent technical resistance, heightened regulatory risk, and mixed institutional sentiment. The current technical setup reinforces this cautious outlook, with new signs of selling pressure and weak trend signals suggesting traders should closely monitor the $588 support zone for potential downside volatility.

Source of Data: META Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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