(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 2024-05-13 View latest technical analysis
10 day averaged volume of Matador Resources is 1146160
Date | Daily Closing Price | Open | High | Low | Volume |
13 Mon May 2024 | 62.87 | 64.48 | 64.48 | 62.79 | 0.894 times |
10 Fri May 2024 | 63.97 | 65.43 | 65.71 | 63.41 | 0.658 times |
09 Thu May 2024 | 65.00 | 64.39 | 65.27 | 64.15 | 0.73 times |
08 Wed May 2024 | 64.24 | 63.47 | 64.35 | 63.03 | 0.819 times |
07 Tue May 2024 | 64.10 | 64.06 | 65.27 | 64.03 | 1.056 times |
06 Mon May 2024 | 64.08 | 63.88 | 64.67 | 63.88 | 0.823 times |
03 Fri May 2024 | 63.28 | 62.55 | 63.40 | 61.98 | 1.224 times |
02 Thu May 2024 | 62.11 | 61.68 | 62.57 | 60.90 | 1.149 times |
01 Wed May 2024 | 61.08 | 62.36 | 62.59 | 60.38 | 1.11 times |
30 Tue Apr 2024 | 62.30 | 65.78 | 65.86 | 62.24 | 1.391 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.9, but if it comes above 62.9, then a intra day buy could be more profitable.
If you take a sell trade below 62.9, then use 62.9 as stoploss and 61.2 as target. However if you take a buy trade in stock , then use 62.9 as stoploss and 64.37 as target.
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 |
Upside Target | 64.48 |
Upside Target | 65.71 |
Upside Target | 66.35 |
Upside Target | 67.51 |
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 | 62.28 |
Downside Intraday Target | 61.69 |
Upside Intraday Target | 63.97 |
Upside Intraday Target | 65.07 |
Upside Intraday Target | 63.38 |
Weekly technical analysis of Matador Resources (MTDR)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Mon May 2024 | 62.87 | 64.48 | 64.48 | 62.79 | 0.219 times |
10 Fri May 2024 | 63.97 | 63.88 | 65.71 | 63.03 | 0.691 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 |
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 |
13 Mon May 2024 | 62.87 | 62.36 | 65.71 | 60.38 | 0.271 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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. Bulls are getting tired and bears are picking up momentum.
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 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 63.13 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.
Price action analysis of Matador Resources ( (MTDR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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. Bulls are getting tired and bears are picking up momentum.
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 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 63.13 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.