Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-25 View latest technical analysis

10 day averaged volume of Matador Resources is 1632220

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	51.83	53.10	53.86	50.00	3.103 times
24 Thu Oct 2024	52.40	51.44	52.48	50.96	1.459 times
23 Wed Oct 2024	50.76	50.95	51.40	49.34	2.163 times
22 Tue Oct 2024	50.33	51.23	51.39	50.27	1.217 times
21 Mon Oct 2024	50.81	52.31	52.47	50.78	0.701 times
18 Fri Oct 2024	51.54	52.30	52.61	51.23	0.537 times
17 Thu Oct 2024	52.46	51.78	52.65	51.38	0.627 times
16 Wed Oct 2024	51.79	51.05	52.13	50.75	0.775 times
15 Tue Oct 2024	50.66	51.61	51.93	50.64	1.164 times
14 Mon Oct 2024	53.67	54.03	54.51	53.12	0.542 times

Stock of Matador Resources (MTDR) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 50.7 or till 48.8. Use a stoploss of 52.25 and if the stock hits stoploss, then it can shoot up till 53.83

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	47.15
Downside Target	48.46
Downside Target	50.64
Upside Target	52.06
Upside Target	53.68
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	49.49
Downside Intraday Target	47.16
Upside Intraday Target	54.01
Upside Intraday Target	56.2
Downside Intraday Target	51.68

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	51.83	52.31	53.86	49.34	2.372 times
18 Fri Oct 2024	51.54	54.03	54.51	50.64	0.794 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Matador Resources (MTDR)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	51.83	48.64	55.40	48.46	1.027 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

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

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 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 51.49 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 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.