Core Insights - Meta Platforms Inc. has shown relative strength compared to its peers in the "Magnificent 7" but is currently down 13.85% year-to-date, with a significant drop of 13.67% in the last month [1][2] - The stock is trading at $516.25, below its eight, 20, 50, and 200-day simple moving averages, indicating bearish signals [4] - The upcoming earnings report on April 30 is seen as a critical moment that could either confirm the bearish trend or provide a catalyst for recovery [7] Valuation and Market Sentiment - Meta's current valuation is considered reasonably priced relative to its peers, which may explain its previous relative strength [2] - Investor sentiment has shifted regarding tariff risks, with concerns about the potential impact on Meta's global advertising revenue, particularly in China [6] Technical Indicators - The MACD indicator is at a steep negative 28.60, and the RSI is at 29.80, suggesting that the stock is oversold but struggling to regain momentum [5] - The stock has recently plunged nearly 10% over the past five sessions, with a slight rebound of +2.28% early Tuesday [3]
EXCLUSIVE: Meta's Still The Mag 7 Standout, Says Expert - But Can It Hold On?