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Meta stock price graph the Meta stock price graph’s RSI

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The Meta stock price graph’s RSI reading near 70 hints at overbought conditions, though sector fundamentals are keeping buy-side pressure intact. "We still see a sizable opportunity for Reels to remain a key revenue growth tailwind for META in the coming years as the CPM gap closes further and as Reels continues to increase as a % of total ad impressions," analysts led by Eric Sheridan said. Meta Platforms, Inc. ( NASDAQ:META - Get Free Report )'s stock price traded down 2.3% during trading on Friday after an insider sold shares in the company. The company traded as low as $710.18 and last traded at $710.56. 16,050,705 shares were traded during trading, an increase of 10% from the average session volume of 14,594,915 shares. The stock had previously closed at $727.05. Quantitative analysis based on the Meta stock price graph predicts continued upward bias, reinforced by expanding global user base and ad revenue per customer metrics.