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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.

10 day averaged volume of Matador Resources is 1110300

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed May 2023	43.97	44.03	44.56	43.21	1.439 times
30 Tue May 2023	44.99	45.32	45.58	44.22	0.807 times
26 Fri May 2023	46.27	46.45	46.57	45.42	0.652 times
26 Fri May 2023	46.27	46.45	46.57	45.42	0.652 times
25 Thu May 2023	45.89	47.40	47.40	45.77	1.028 times
24 Wed May 2023	48.69	48.00	49.53	47.65	1.556 times
23 Tue May 2023	47.28	47.35	48.56	46.98	0.959 times
22 Mon May 2023	46.96	45.40	47.45	45.35	1.649 times
19 Fri May 2023	45.34	45.44	45.70	44.72	0.935 times
18 Thu May 2023	44.68	43.55	44.78	43.12	0.697 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 43.4 as stoploss in an intra day buy trade for a target of 44.93. However, stock will show a bearish move below 43.4.

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	42.04
Upside Target	45.35
Upside Target	46.95
Upside Target	49.53
Upside Target	50.85
Upside Target	51.74
Upside Target	53.46
Upside Target	58.92
Upside Target	66.30
Upside Target	69.41

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	42.93
Downside Intraday Target	41.88
Upside Intraday Target	45.3
Upside Intraday Target	46.62
Upside Intraday Target	44.25

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed May 2023	43.97	45.32	45.58	43.21	3.447 times
26 Fri May 2023	46.27	46.45	46.57	45.42	0.112 times
26 Fri May 2023	46.27	45.40	49.53	45.35	1.399 times
19 Fri May 2023	45.34	44.11	45.70	42.52	0.962 times
12 Fri May 2023	43.64	46.84	46.95	42.15	0.692 times

Price has moved down 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
31 Wed May 2023	43.97	48.04	49.53	42.04	1.05 times
28 Fri Apr 2023	49.03	50.64	53.46	46.40	0.652 times
31 Fri Mar 2023	47.65	53.52	58.92	42.94	1.367 times
28 Tue Feb 2023	53.79	65.37	66.30	50.85	1.512 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 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 SELL. 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.

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 SELL signal for Matador Resources in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 46.19 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.