(MTDR) Matador Resources complete technical analysis [charts+indicators] | Buy/Sell Matador Resources | (MTDR) share price targets
Complete technical analysis of Matador Resources (MTDR) by charts plus indicators, forecast predictions and share price targets for Matador Resources (MTDR)
Matador Resources trades in USA in Energy sector.
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Matador Resources is 1232838
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 63.45 | 62.45 | 63.49 | 62.18 | 1.143 times |
| 30 Thu May 2024 | 62.17 | 61.83 | 63.27 | 61.82 | 1.373 times |
| 29 Wed May 2024 | 61.72 | 62.10 | 62.84 | 61.55 | 1.368 times |
| 28 Tue May 2024 | 62.04 | 61.10 | 62.46 | 61.01 | 1.063 times |
| 24 Fri May 2024 | 60.59 | 60.67 | 61.05 | 60.34 | 0.919 times |
| 23 Thu May 2024 | 60.06 | 61.08 | 61.80 | 59.72 | 0.812 times |
| 22 Wed May 2024 | 60.63 | 61.68 | 61.76 | 60.20 | 0.963 times |
| 21 Tue May 2024 | 62.50 | 62.01 | 63.17 | 61.78 | 0.941 times |
| 20 Mon May 2024 | 62.41 | 62.18 | 62.58 | 62.00 | 0.793 times |
| 17 Fri May 2024 | 62.08 | 61.98 | 62.38 | 61.76 | 0.823 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 64 as stoploss in an intra day sell trade for a target of 62.68. However, stock will show a bullish move above 64.
Share price targets for Matador Resources (MTDR)
| Target Type | Value |
| Downside Target | 51.92 |
| Downside Target | 58.97 |
| Downside Target | 63.17 |
| Upside Target | 63.49 |
| Upside Target | 63.50 |
| Upside Target | 64.48 |
| Upside Target | 65.71 |
| Upside Target | 66.35 |
| Upside Target | 69.40 |
| Upside Target | 71.08 |
Intraday share price targets for Matador Resources (MTDR)
| Target Type | Value |
| Downside Intraday Target | 61.81 |
| Downside Intraday Target | 60.17 |
| Upside Intraday Target | 64.29 |
| Upside Intraday Target | 65.13 |
| Downside Intraday Target | 62.65 |
Weekly technical analysis of Matador Resources (MTDR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 63.45 | 61.10 | 63.49 | 61.01 | 1.117 times |
| 24 Fri May 2024 | 60.59 | 62.18 | 63.17 | 59.72 | 1.069 times |
| 17 Fri May 2024 | 62.08 | 64.48 | 64.48 | 61.63 | 1.091 times |
| 10 Fri May 2024 | 63.97 | 63.88 | 65.71 | 63.03 | 0.691 times |
| 03 Fri May 2024 | 63.28 | 65.35 | 66.35 | 60.38 | 0.841 times |
Price has moved up 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 Matador Resources (MTDR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 63.45 | 62.36 | 65.71 | 59.72 | 0.708 times |
| 30 Tue Apr 2024 | 62.30 | 67.24 | 71.08 | 62.24 | 1.218 times |
| 28 Thu Mar 2024 | 66.77 | 64.00 | 69.40 | 62.24 | 1.01 times |
| 29 Thu Feb 2024 | 63.15 | 55.32 | 63.50 | 51.92 | 1.274 times |
Scroll below to view daily charts
Price has moved up 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 Matador Resources (MTDR)
Price action analysis of Matador Resources ( (MTDR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Matador Resources ( (MTDR) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Matador Resources ( (MTDR) ) 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 Matador Resources ( (MTDR) ) 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 Matador Resources stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Matador Resources in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Matador Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Matador Resources in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Matador Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 61.83 and Matador Resources (MTDR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Matador Resources (MTDR) stock. Volume based technical analysis of Matador Resources (MTDR) stock is negative.
Matador Resources Stock is giving positive 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.
Price action analysis of Matador Resources ( (MTDR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Matador Resources ( (MTDR) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Matador Resources ( (MTDR) ) 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 Matador Resources ( (MTDR) ) 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 Matador Resources stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Matador Resources in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Matador Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Matador Resources in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Matador Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 61.83 and Matador Resources (MTDR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Matador Resources (MTDR) stock. Volume based technical analysis of Matador Resources (MTDR) stock is negative.
Matador Resources Stock is giving positive 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.