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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 2024-06-12 View latest technical analysis

10 day averaged volume of Matthews International is 116440

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	27.25	27.66	28.14	27.23	1.037 times
11 Tue Jun 2024	26.77	26.80	26.86	26.47	0.973 times
10 Mon Jun 2024	27.04	27.20	27.32	26.62	1.273 times
07 Fri Jun 2024	27.44	27.19	27.76	27.05	1.05 times
06 Thu Jun 2024	27.54	28.57	28.59	27.53	0.913 times
05 Wed Jun 2024	28.75	28.08	28.75	27.81	1.087 times
04 Tue Jun 2024	27.98	28.13	28.16	27.76	0.877 times
03 Mon Jun 2024	28.22	28.66	28.70	28.01	0.798 times
31 Fri May 2024	28.33	28.31	28.75	28.26	1.11 times
30 Thu May 2024	28.23	27.94	28.48	27.73	0.983 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.5, but if it comes above 27.5, then a intra day buy could be more profitable.
If you take a sell trade below 27.5, then use 27.5 as stoploss and 26.6 as target. However if you take a buy trade in stock , then use 27.5 as stoploss and 28.25 as target.

Share price targets for Matthews International (MATW)

Target Type	Value
Downside Target	25.42
Downside Target	26.47
Upside Target	28.74
Upside Target	28.75
Upside Target	28.76
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	26.43
Downside Intraday Target	25.62
Upside Intraday Target	28.1
Upside Intraday Target	28.96
Upside Intraday Target	27.29

Weekly technical analysis of Matthews International (MATW)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	27.25	27.20	28.14	26.47	0.695 times
07 Fri Jun 2024	27.44	28.66	28.75	27.05	1.164 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

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
12 Wed Jun 2024	27.25	28.66	28.75	26.47	0.364 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 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 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 BUY. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Matthews International in short term but BUY signal is weak.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.74 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 negative.

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