(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 2024-08-09 View latest technical analysis
10 day averaged volume of Matador Resources is 1599530
Date | Daily Closing Price | Open | High | Low | Volume |
09 Fri Aug 2024 | 55.68 | 55.48 | 56.31 | 55.25 | 0.793 times |
08 Thu Aug 2024 | 55.48 | 54.35 | 55.89 | 54.35 | 0.809 times |
07 Wed Aug 2024 | 53.65 | 54.70 | 55.72 | 53.21 | 0.873 times |
06 Tue Aug 2024 | 53.20 | 53.12 | 54.09 | 52.65 | 0.948 times |
05 Mon Aug 2024 | 52.93 | 52.40 | 53.26 | 50.79 | 1.135 times |
02 Fri Aug 2024 | 54.58 | 57.83 | 58.21 | 53.76 | 1.338 times |
01 Thu Aug 2024 | 59.14 | 61.39 | 61.89 | 58.56 | 0.853 times |
31 Wed Jul 2024 | 61.48 | 61.65 | 62.21 | 61.12 | 0.939 times |
30 Tue Jul 2024 | 60.35 | 60.13 | 60.80 | 59.58 | 0.815 times |
29 Mon Jul 2024 | 60.14 | 61.89 | 62.35 | 59.34 | 1.243 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.8, but if it comes above 55.8, then a intra day buy could be more profitable.
If you take a sell trade below 55.8, then use 55.8 as stoploss and 50.9 as target. However if you take a buy trade in stock , then use 55.8 as stoploss and 59.93 as target.
Share price targets for Matador Resources (MTDR)
Target Type | Value |
Downside Target | 50.79 |
Downside Target | 53.76 |
Downside Target | 55.14 |
Upside Target | 56.31 |
Upside Target | 57.78 |
Upside Target | 59.72 |
Upside Target | 61.89 |
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 | 52.21 |
Downside Intraday Target | 48.74 |
Upside Intraday Target | 57.73 |
Upside Intraday Target | 59.78 |
Downside Intraday Target | 54.26 |
Weekly technical analysis of Matador Resources (MTDR)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Fri Aug 2024 | 55.68 | 52.40 | 56.31 | 50.79 | 0.879 times |
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 |
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 |
09 Fri Aug 2024 | 55.68 | 61.39 | 61.89 | 50.79 | 0.295 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Matador Resources in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Matador Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Matador Resources in short term but BUY signal is weak.
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Matador Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.59 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Matador Resources in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Matador Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Matador Resources in short term but BUY signal is weak.
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Matador Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.59 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.