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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 2024-10-17 View latest technical analysis

10 day averaged volume of Matador Resources is 1451710

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	52.46	51.78	52.65	51.38	0.704 times
16 Wed Oct 2024	51.79	51.05	52.13	50.75	0.872 times
15 Tue Oct 2024	50.66	51.61	51.93	50.64	1.309 times
14 Mon Oct 2024	53.67	54.03	54.51	53.12	0.609 times
11 Fri Oct 2024	54.75	53.75	55.28	53.73	0.916 times
10 Thu Oct 2024	54.20	53.15	54.32	52.74	0.837 times
09 Wed Oct 2024	53.05	52.39	53.19	52.06	0.673 times
08 Tue Oct 2024	53.17	53.73	53.92	52.38	0.742 times
07 Mon Oct 2024	55.03	54.24	55.40	54.13	1.995 times
04 Fri Oct 2024	54.08	54.43	54.72	53.76	0.982 times

My analysis of stock is bullish for shortterm, and stock might move up till 54 or till 56.3. Use a stoploss of 52.07 and if this stock hits its stoploss, then it can fall down till 50.13

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	47.15
Downside Target	48.46
Downside Target	49.74
Downside Target	52.06
Upside Target	53.65
Upside Target	55.31
Upside Target	55.40
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	50.56
Downside Intraday Target	48.67
Upside Intraday Target	54.43
Upside Intraday Target	56.41
Upside Intraday Target	52.54

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	52.46	54.03	54.51	50.64	0.677 times
11 Fri Oct 2024	54.75	54.24	55.40	52.06	0.999 times
04 Fri Oct 2024	54.08	49.01	54.72	48.46	1.01 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

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
17 Thu Oct 2024	52.46	48.64	55.40	48.46	0.568 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 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 neutral. A longer time frame might give a better analysis.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Matador Resources stock for short term is SELL. 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.

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 in or above 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 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 53.39 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.