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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 2024-09-09 View latest technical analysis

10 day averaged volume of Matador Resources is 1262760

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	49.87	50.88	50.88	49.70	1.878 times
06 Fri Sep 2024	50.66	51.44	52.23	50.16	1.264 times
05 Thu Sep 2024	51.47	52.52	52.53	51.30	1.183 times
04 Wed Sep 2024	52.03	53.53	53.78	51.79	1.477 times
03 Tue Sep 2024	53.31	55.29	55.31	53.21	1.424 times
30 Fri Aug 2024	56.72	57.26	57.48	56.00	0.939 times
30 Fri Aug 2024	56.72	57.26	57.48	56.00	0.939 times
29 Thu Aug 2024	58.13	57.83	58.60	57.14	0.586 times
28 Wed Aug 2024	57.33	56.59	57.42	56.26	0.826 times
27 Tue Aug 2024	57.18	57.94	57.94	56.76	0.522 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 50, for a target of 53 or 55.44

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	49.70
Upside Target	55.14
Upside Target	57.48
Upside Target	57.78
Upside Target	57.84
Upside Target	59.38
Upside Target	59.72
Upside Target	61.89
Upside Target	63.86
Upside Target	65.71
Upside Target	66.89

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	49.42
Downside Intraday Target	48.97
Upside Intraday Target	50.6
Upside Intraday Target	51.33
Upside Intraday Target	50.15

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	49.87	50.88	50.88	49.70	0.351 times
06 Fri Sep 2024	50.66	55.29	55.31	50.16	5.696 times
30 Fri Aug 2024	56.72	57.26	57.48	56.00	0.253 times
30 Fri Aug 2024	56.72	58.40	59.38	56.00	0.952 times
23 Fri Aug 2024	57.27	56.85	57.84	55.20	0.752 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
09 Mon Sep 2024	49.87	55.29	55.31	49.70	0.324 times
30 Fri Aug 2024	56.72	61.39	61.89	50.79	0.769 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

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 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 gaining momentum.

MACD generated a SELL signal for Matador Resources in short term and the sell signal is strong.

Matador Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 53.37 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.