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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 2024-08-28 View latest technical analysis

10 day averaged volume of Matador Resources is 1082790

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	57.33	56.59	57.42	56.26	0.963 times
27 Tue Aug 2024	57.18	57.94	57.94	56.76	0.609 times
26 Mon Aug 2024	58.13	58.40	59.38	57.80	0.981 times
23 Fri Aug 2024	57.27	56.24	57.48	55.94	1.058 times
22 Thu Aug 2024	55.76	55.95	56.47	55.48	0.771 times
21 Wed Aug 2024	55.95	56.97	56.97	55.65	0.9 times
20 Tue Aug 2024	55.93	56.86	57.11	55.20	1.007 times
19 Mon Aug 2024	57.10	56.85	57.84	56.75	0.813 times
16 Fri Aug 2024	56.51	56.66	56.88	55.98	0.806 times
15 Thu Aug 2024	57.40	55.92	57.54	55.92	1.469 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 57.6 as stoploss in an intra day sell trade for a target of 56.03. However, stock will show a bullish move above 57.6.

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	50.79
Downside Target	53.76
Upside Target	57.54
Upside Target	59.38
Upside Target	59.72
Upside Target	61.89
Upside Target	62.24
Upside Target	62.35
Upside Target	63.86
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	55.93
Downside Intraday Target	54.54
Upside Intraday Target	59.05
Upside Intraday Target	60.78
Upside Intraday Target	57.66

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	57.33	58.40	59.38	56.26	0.561 times
23 Fri Aug 2024	57.27	56.85	57.84	55.20	0.752 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

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
28 Wed Aug 2024	57.33	61.39	61.89	50.79	0.684 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 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 mid to longer 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.

ADX buy sell signal for Matador Resources stock for short term is BUY. Signal strength is Weak and stock is losing 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 56.91 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.