(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 2024-05-07 View latest technical analysis
10 day averaged volume of Matador Resources is 1440630
Date | Daily Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 64.10 | 64.06 | 65.27 | 64.03 | 0.84 times |
06 Mon May 2024 | 64.08 | 63.88 | 64.67 | 63.88 | 0.655 times |
03 Fri May 2024 | 63.28 | 62.55 | 63.40 | 61.98 | 0.974 times |
02 Thu May 2024 | 62.11 | 61.68 | 62.57 | 60.90 | 0.914 times |
01 Wed May 2024 | 61.08 | 62.36 | 62.59 | 60.38 | 0.883 times |
30 Tue Apr 2024 | 62.30 | 65.78 | 65.86 | 62.24 | 1.107 times |
29 Mon Apr 2024 | 66.15 | 65.35 | 66.35 | 65.24 | 0.827 times |
26 Fri Apr 2024 | 65.61 | 65.00 | 65.90 | 64.62 | 0.62 times |
25 Thu Apr 2024 | 65.58 | 65.35 | 65.92 | 64.14 | 0.885 times |
24 Wed Apr 2024 | 65.29 | 67.49 | 67.51 | 64.45 | 2.157 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 63.1 as stoploss in an intra day buy trade for a target of 65.36. However, stock will show a bearish move below 63.1.
Share price targets for Matador Resources (MTDR)
Target Type | Value |
Downside Target | 51.92 |
Downside Target | 58.97 |
Downside Target | 60.38 |
Downside Target | 62.24 |
Downside Target | 63.50 |
Upside Target | 66.35 |
Upside Target | 67.51 |
Upside Target | 68.04 |
Upside Target | 68.99 |
Upside Target | 69.40 |
Upside Target | 71.08 |
Intraday share price targets for Matador Resources (MTDR)
Target Type | Value |
Downside Intraday Target | 63.56 |
Downside Intraday Target | 63.03 |
Upside Intraday Target | 64.95 |
Upside Intraday Target | 65.81 |
Upside Intraday Target | 64.42 |
Weekly technical analysis of Matador Resources (MTDR)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 64.10 | 63.88 | 65.27 | 63.88 | 0.318 times |
03 Fri May 2024 | 63.28 | 65.35 | 66.35 | 60.38 | 0.841 times |
26 Fri Apr 2024 | 65.61 | 64.63 | 67.51 | 63.62 | 0.942 times |
19 Fri Apr 2024 | 64.61 | 68.40 | 68.99 | 64.22 | 1.201 times |
12 Fri Apr 2024 | 68.53 | 69.98 | 71.08 | 68.04 | 0.772 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 |
07 Tue May 2024 | 64.10 | 62.36 | 65.27 | 60.38 | 0.172 times |
30 Tue Apr 2024 | 62.30 | 67.24 | 71.08 | 62.24 | 1.218 times |
28 Thu Mar 2024 | 66.77 | 64.00 | 69.40 | 62.24 | 1.01 times |
29 Thu Feb 2024 | 63.15 | 55.32 | 63.50 | 51.92 | 1.274 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL. Signal strength is Weak and stock is losing 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 below the red 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 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 64.02 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 negative.
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL. Signal strength is Weak and stock is losing 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 below the red 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 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 64.02 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.