Meta Platforms Inc (NASDAQ:META) stock looks poised to buck the broad market selloff, up 5.1% before the bell. The Big Tech titan last night unveiled Muse, the company's autonomous AI assistant free to U.S. users on mobile and web.
META is poised to test its year-to-date breakeven level with today's pop, down 7.6% since the start of 2026. The $550 level has stepped up as a floor since March, with a double bottom pattern forming off the two recent tests this summer. The shares' 260-day moving average now looms overhead.
Watch the stock's 14-Day Relative Strength Index (RSI) today, last seen at 70 and on the cusp of "oversold" territory.
Call traders have been out in droves. META's 10-day call/put volume ratio of 2.46 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks in the 89th percentile of its annual range.
