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(MATW) Matthews International complete technical analysis [charts+indicators] | Buy/Sell Matthews International | (MATW) share price targets

Complete technical analysis of Matthews International (MATW) by charts plus indicators, forecast predictions and share price targets for Matthews International (MATW)

Matthews International trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-06-04 View latest technical analysis

10 day averaged volume of Matthews International is 113496

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	27.98	28.13	28.16	27.76	0.9 times
03 Mon Jun 2024	28.22	28.66	28.70	28.01	0.819 times
31 Fri May 2024	28.33	28.31	28.75	28.26	1.139 times
30 Thu May 2024	28.23	27.94	28.48	27.73	1.009 times
29 Wed May 2024	27.91	27.87	28.15	27.72	0.96 times
28 Tue May 2024	28.25	28.44	28.76	28.14	1.058 times
23 Thu May 2024	28.29	28.33	28.73	27.66	1.38 times
22 Wed May 2024	28.33	28.52	28.68	28.21	0.727 times
21 Tue May 2024	28.65	28.49	28.72	28.19	0.95 times
20 Mon May 2024	28.61	29.15	29.32	28.55	0.861 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.1, but if it comes above 28.1, then a intra day buy could be more profitable.
If you take a sell trade below 28.1, then use 28.1 as stoploss and 27.5 as target. However if you take a buy trade in stock , then use 28.1 as stoploss and 28.6 as target.

Share price targets for Matthews International (MATW)

Target Type	Value
Downside Target	25.42
Downside Target	26.62
Downside Target	27.37
Upside Target	28.70
Upside Target	28.76
Upside Target	29.28
Upside Target	29.32
Upside Target	29.87
Upside Target	30.21
Upside Target	31.34
Upside Target	31.52
Upside Target	33.85

Intraday share price targets for Matthews International (MATW)

Target Type	Value
Downside Intraday Target	27.59
Downside Intraday Target	27.21
Upside Intraday Target	28.53
Upside Intraday Target	29.09
Upside Intraday Target	28.15

Weekly technical analysis of Matthews International (MATW)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	27.98	28.66	28.70	27.76	0.412 times
31 Fri May 2024	28.33	28.44	28.76	27.72	1.063 times
23 Thu May 2024	28.29	29.15	29.32	27.66	0.811 times
17 Fri May 2024	29.22	29.00	29.87	28.74	0.786 times
10 Fri May 2024	28.83	28.64	29.28	27.88	1.175 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Matthews International (MATW)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	27.98	28.66	28.70	27.76	0.076 times
31 Fri May 2024	28.33	27.11	30.21	26.62	0.871 times
30 Tue Apr 2024	26.98	31.24	31.52	25.42	0.96 times
28 Thu Mar 2024	31.08	28.83	31.34	27.51	0.757 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Matthews International (MATW)

Price action analysis of Matthews International ( (MATW) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Matthews International ( (MATW) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Matthews International ( (MATW) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Matthews International stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Matthews International in short term and the sell signal is strong.

Matthews International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Matthews International in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Matthews International is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.28 and Matthews International (MATW) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Matthews International (MATW) stock. Volume based technical analysis of Matthews International (MATW) stock is negative.

Matthews International Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.