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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 2024-08-22 View latest technical analysis

10 day averaged volume of Matador Resources is 1205730

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	55.76	55.95	56.47	55.48	0.693 times
21 Wed Aug 2024	55.95	56.97	56.97	55.65	0.808 times
20 Tue Aug 2024	55.93	56.86	57.11	55.20	0.905 times
19 Mon Aug 2024	57.10	56.85	57.84	56.75	0.73 times
16 Fri Aug 2024	56.51	56.66	56.88	55.98	0.724 times
15 Thu Aug 2024	57.40	55.92	57.54	55.92	1.319 times
14 Wed Aug 2024	55.62	55.90	55.98	55.07	1.424 times
13 Tue Aug 2024	55.63	55.52	55.98	54.78	0.933 times
12 Mon Aug 2024	56.07	56.05	56.59	55.50	1.031 times
09 Fri Aug 2024	55.68	55.48	56.31	55.25	1.051 times

My analysis of stock is bearish for shortterm, and stock might move down till 54.2 or till 51.2. Use a stoploss of 56.7 and if the stock hits stoploss, then it can shoot up till 59.2

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	54.69
Downside Intraday Target	53.63
Upside Intraday Target	57.33
Upside Intraday Target	58.91
Upside Intraday Target	56.27

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	55.76	56.85	57.84	55.20	0.577 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
22 Thu Aug 2024	55.76	61.39	61.89	50.79	0.577 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 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 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 to mid 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 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 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 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 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 56.17 and Matador Resources (MTDR) stock is trading below this level. This means that stock is falling with high volumes. 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.