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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 2024-10-03 View latest technical analysis

10 day averaged volume of Matador Resources is 1541320

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	53.43	51.28	53.56	50.90	1.003 times
02 Wed Oct 2024	51.14	51.76	52.04	50.51	0.95 times
01 Tue Oct 2024	50.49	48.64	51.02	48.46	0.987 times
30 Mon Sep 2024	49.42	49.01	49.75	48.55	1.001 times
27 Fri Sep 2024	49.36	48.38	49.53	48.16	1.1 times
26 Thu Sep 2024	47.40	49.15	49.97	47.15	1.553 times
25 Wed Sep 2024	50.56	51.58	52.02	50.32	0.708 times
24 Tue Sep 2024	51.95	53.44	53.68	51.94	0.697 times
23 Mon Sep 2024	52.53	52.20	53.58	51.96	0.76 times
20 Fri Sep 2024	52.20	51.89	52.33	51.00	1.393 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 53.8, for a target of 52.1 or 50.67

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	47.15
Downside Target	48.22
Downside Target	49.74
Upside Target	53.56
Upside Target	53.68
Upside Target	55.14
Upside Target	55.31
Upside Target	57.78
Upside Target	61.89
Upside Target	63.86
Upside Target	66.89

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	50.07
Downside Intraday Target	46.72
Upside Intraday Target	55.17
Upside Intraday Target	56.92
Downside Intraday Target	51.82

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	53.43	49.01	53.56	48.46	0.818 times
27 Fri Sep 2024	49.36	52.20	53.68	47.15	0.908 times
20 Fri Sep 2024	52.20	50.43	53.65	49.74	0.937 times
13 Fri Sep 2024	49.84	50.88	51.37	48.22	1.292 times
06 Fri Sep 2024	50.66	55.29	55.31	50.16	5.696 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
03 Thu Oct 2024	53.43	48.64	53.56	48.46	0.139 times
30 Mon Sep 2024	49.42	55.29	55.31	47.15	1.159 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 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 BUY. 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. Bulls are getting stronger in this stock.

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 buy signal for Matador Resources in short term and BUY 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

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 50.63 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.