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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 2024-09-12 View latest technical analysis

10 day averaged volume of Matador Resources is 1525340

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	49.66	49.54	50.29	48.65	0.987 times
11 Wed Sep 2024	49.49	49.49	49.78	48.22	0.802 times
10 Tue Sep 2024	49.21	50.17	50.22	48.83	1.177 times
09 Mon Sep 2024	49.87	50.88	50.88	49.70	1.555 times
06 Fri Sep 2024	50.66	51.44	52.23	50.16	1.046 times
05 Thu Sep 2024	51.47	52.52	52.53	51.30	0.979 times
04 Wed Sep 2024	52.03	53.53	53.78	51.79	1.223 times
03 Tue Sep 2024	53.31	55.29	55.31	53.21	1.179 times
30 Fri Aug 2024	56.72	57.26	57.48	56.00	0.777 times
30 Fri Aug 2024	56.72	57.26	57.48	56.00	0.777 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.2, but if it comes above 51.2, then a intra day buy could be more profitable.
If you take a sell trade below 51.2, then use 51.2 as stoploss and 47.4 as target. However if you take a buy trade in stock , then use 51.2 as stoploss and 54.42 as target.

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	48.22
Upside Target	50.16
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	48.29
Downside Intraday Target	46.93
Upside Intraday Target	50.95
Upside Intraday Target	52.25
Downside Intraday Target	49.59

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	49.66	50.88	50.88	48.22	1.021 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
12 Thu Sep 2024	49.66	55.29	55.31	48.22	0.485 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 losing 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 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 51.63 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.