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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 2024-10-29 View latest technical analysis

10 day averaged volume of Matador Resources is 2130270

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	50.49	50.77	51.30	50.05	0.649 times
28 Mon Oct 2024	50.68	50.19	50.99	49.83	0.999 times
25 Fri Oct 2024	51.83	53.10	53.86	50.00	2.378 times
24 Thu Oct 2024	52.40	51.44	52.48	50.96	1.118 times
23 Wed Oct 2024	50.76	50.95	51.40	49.34	1.658 times
22 Tue Oct 2024	50.33	51.23	51.39	50.27	0.932 times
21 Mon Oct 2024	50.81	52.31	52.47	50.78	0.537 times
18 Fri Oct 2024	51.54	52.30	52.61	51.23	0.411 times
17 Thu Oct 2024	52.46	51.78	52.65	51.38	0.48 times
16 Wed Oct 2024	51.79	51.05	52.13	50.75	0.594 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.8, but if it comes above 50.8, then a intra day buy could be more profitable.
If you take a sell trade below 50.8, then use 50.8 as stoploss and 49 as target. However if you take a buy trade in stock , then use 50.8 as stoploss and 52.31 as target.

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	47.15
Downside Target	48.46
Upside Target	53.86
Upside Target	55.14
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	49.78
Downside Intraday Target	49.07
Upside Intraday Target	51.25
Upside Intraday Target	52.01
Upside Intraday Target	50.54

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	50.49	50.19	51.30	49.83	0.249 times
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

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
29 Tue Oct 2024	50.49	48.64	55.40	48.46	1.135 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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.

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 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 buy signal for Matador Resources in short term but BUY 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

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 51.32 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.