(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 2024-03-01 View latest technical analysis
10 day averaged volume of Matador Resources is 1735340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 64.44 | 64.00 | 64.97 | 63.79 | 0.694 times |
| 29 Thu Feb 2024 | 63.15 | 63.22 | 63.50 | 62.38 | 0.757 times |
| 28 Wed Feb 2024 | 62.70 | 62.00 | 62.93 | 61.68 | 0.75 times |
| 27 Tue Feb 2024 | 62.20 | 61.80 | 62.41 | 61.32 | 0.908 times |
| 26 Mon Feb 2024 | 61.25 | 60.46 | 61.38 | 59.84 | 0.608 times |
| 23 Fri Feb 2024 | 60.72 | 60.01 | 60.85 | 59.17 | 0.547 times |
| 22 Thu Feb 2024 | 60.69 | 59.32 | 61.71 | 59.32 | 1.127 times |
| 21 Wed Feb 2024 | 60.55 | 59.39 | 61.85 | 59.12 | 1.791 times |
| 20 Tue Feb 2024 | 58.74 | 59.11 | 59.62 | 58.30 | 1.694 times |
| 16 Fri Feb 2024 | 59.33 | 59.14 | 60.32 | 58.54 | 0.893 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.8, but if it comes below 61.8, then a intra day sell could be more profitable.
If you take a sell trade below 61.8, then use 61.8 as stoploss and 58.3 as target. However if you take a buy trade in stock , then use 61.8 as stoploss and 66 as target.
Share price targets for Matador Resources (MTDR)
| Target Type | Value |
| Downside Target | 51.72 |
| Downside Target | 54.92 |
| Downside Target | 58.30 |
| Downside Target | 59.84 |
| Downside Target | 60.32 |
| Downside Target | 61.85 |
| Downside Target | 63.50 |
| Downside Target | 63.62 |
| Downside Target | 63.79 |
| Upside Target | 64.97 |
Intraday share price targets for Matador Resources (MTDR)
| Target Type | Value |
| Downside Intraday Target | 61.2 |
| Downside Intraday Target | 57.95 |
| Upside Intraday Target | 66.33 |
| Upside Intraday Target | 68.21 |
| Downside Intraday Target | 63.08 |
Weekly technical analysis of Matador Resources (MTDR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 64.44 | 60.46 | 64.97 | 59.84 | 0.721 times |
| 23 Fri Feb 2024 | 60.72 | 59.11 | 61.85 | 58.30 | 1.109 times |
| 16 Fri Feb 2024 | 59.33 | 54.92 | 60.32 | 54.92 | 1.784 times |
| 09 Fri Feb 2024 | 54.65 | 52.74 | 55.99 | 51.92 | 0.862 times |
| 02 Fri Feb 2024 | 53.23 | 55.17 | 56.83 | 52.86 | 1.049 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 |
| 01 Fri Mar 2024 | 64.44 | 64.00 | 64.97 | 63.79 | 0.041 times |
| 29 Thu Feb 2024 | 63.15 | 55.32 | 63.50 | 51.92 | 1.274 times |
| 31 Wed Jan 2024 | 54.89 | 57.52 | 58.97 | 52.31 | 0.86 times |
| 29 Fri Dec 2023 | 56.86 | 57.55 | 59.82 | 51.72 | 1.083 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Matador Resources stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Matador Resources in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Matador Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 60.99 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Matador Resources stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Matador Resources in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Matador Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 60.99 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.