(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 2024-08-20 View latest technical analysis
10 day averaged volume of Matador Resources is 1290520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 55.93 | 56.86 | 57.11 | 55.20 | 0.845 times |
| 19 Mon Aug 2024 | 57.10 | 56.85 | 57.84 | 56.75 | 0.682 times |
| 16 Fri Aug 2024 | 56.51 | 56.66 | 56.88 | 55.98 | 0.677 times |
| 15 Thu Aug 2024 | 57.40 | 55.92 | 57.54 | 55.92 | 1.233 times |
| 14 Wed Aug 2024 | 55.62 | 55.90 | 55.98 | 55.07 | 1.33 times |
| 13 Tue Aug 2024 | 55.63 | 55.52 | 55.98 | 54.78 | 0.872 times |
| 12 Mon Aug 2024 | 56.07 | 56.05 | 56.59 | 55.50 | 0.964 times |
| 09 Fri Aug 2024 | 55.68 | 55.48 | 56.31 | 55.25 | 0.982 times |
| 08 Thu Aug 2024 | 55.48 | 54.35 | 55.89 | 54.35 | 1.003 times |
| 07 Wed Aug 2024 | 53.65 | 54.70 | 55.72 | 53.21 | 1.082 times |
My analysis of stock is bearish for shortterm, and stock might move down till 54.4 or till 51. Use a stoploss of 57.29 and if the stock hits stoploss, then it can shoot up till 60.17
Share price targets for Matador Resources (MTDR)
| Target Type | Value |
| Downside Target | 50.79 |
| Downside Target | 53.76 |
| Upside Target | 56.31 |
| Upside Target | 57.54 |
| Upside Target | 59.72 |
| Upside Target | 61.89 |
| Upside Target | 62.24 |
| Upside Target | 62.35 |
| 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 | 54.81 |
| Downside Intraday Target | 53.68 |
| Upside Intraday Target | 57.45 |
| Upside Intraday Target | 58.96 |
| Upside Intraday Target | 56.32 |
Weekly technical analysis of Matador Resources (MTDR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 55.93 | 56.85 | 57.84 | 55.20 | 0.301 times |
| 16 Fri Aug 2024 | 56.51 | 56.05 | 57.54 | 54.78 | 0.898 times |
| 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 |
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 |
| 20 Tue Aug 2024 | 55.93 | 61.39 | 61.89 | 50.79 | 0.528 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 55.86 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 55.86 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.