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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 2024-08-09 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.

Daily charts

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Daily chart
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