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(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 2024-08-02 View latest technical analysis

10 day averaged volume of Matador Resources is 1721170

Date Daily Closing Price Open High Low Volume
02 Fri Aug 2024 54.58 57.83 58.21 53.76 1.243 times
01 Thu Aug 2024 59.14 61.39 61.89 58.56 0.792 times
31 Wed Jul 2024 61.48 61.65 62.21 61.12 0.873 times
30 Tue Jul 2024 60.35 60.13 60.80 59.58 0.757 times
29 Mon Jul 2024 60.14 61.89 62.35 59.34 1.155 times
26 Fri Jul 2024 61.44 61.59 61.88 60.58 0.973 times
25 Thu Jul 2024 61.69 61.90 62.34 60.63 1.19 times
24 Wed Jul 2024 61.68 63.92 64.26 61.11 1.582 times
23 Tue Jul 2024 60.92 62.51 62.68 60.83 1.025 times
22 Mon Jul 2024 62.69 63.63 63.81 62.41 0.779 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 55.9, for a target of 58.9 or 61.45

Share price targets for Matador Resources (MTDR)

Target Type Value
Downside Target 53.76
Upside Target 55.14
Upside Target 57.78
Upside Target 59.72
Upside Target 62.35
Upside Target 62.38
Upside Target 63.86
Upside Target 64.26
Upside Target 65.71
Upside Target 66.89
Upside Target 71.08

Intraday share price targets for Matador Resources (MTDR)

Target Type Value
Downside Intraday Target 51.44
Downside Intraday Target 48.31
Upside Intraday Target 60.03
Upside Intraday Target 65.49
Upside Intraday Target 56.9

Weekly technical analysis of Matador Resources (MTDR)

Date Weekly Closing Price Open High Low Volume
02 Fri Aug 2024 54.58 61.89 62.35 53.76 0.869 times
26 Fri Jul 2024 61.44 63.63 64.26 60.58 1.109 times
19 Fri Jul 2024 64.06 62.58 66.89 62.27 1.259 times
12 Fri Jul 2024 61.97 57.90 62.38 57.90 2.343 times
05 Fri Jul 2024 58.20 60.37 60.87 57.78 0.749 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 Matador Resources (MTDR)

Date Monthly Closing Price Open High Low Volume
02 Fri Aug 2024 54.58 61.39 61.89 53.76 0.096 times
31 Wed Jul 2024 61.48 59.91 66.89 57.78 0.738 times
28 Fri Jun 2024 59.60 63.84 63.86 55.14 1.957 times
31 Fri May 2024 63.45 62.36 65.71 59.72 0.708 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 Matador Resources (MTDR)

Price action analysis of Matador Resources ( (MTDR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Matador Resources ( (MTDR) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Matador Resources in short term and the sell signal is strong.

Matador Resources 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Matador Resources in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 60.33 and Matador Resources (MTDR) 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 Matador Resources (MTDR) stock. Volume based technical analysis of Matador Resources (MTDR) stock is negative.

Matador Resources 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.

Price action analysis of Matador Resources ( (MTDR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Matador Resources ( (MTDR) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Matador Resources in short term and the sell signal is strong.

Matador Resources 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Matador Resources in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 60.33 and Matador Resources (MTDR) 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 Matador Resources (MTDR) stock. Volume based technical analysis of Matador Resources (MTDR) stock is negative.

Matador Resources 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.

Daily charts

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Daily chart
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