(MTR) Mesa Royalty complete technical analysis [charts+indicators] | Buy/Sell Mesa Royalty | (MTR) share price targets
Complete technical analysis of Mesa Royalty (MTR) by charts plus indicators, forecast predictions and share price targets for Mesa Royalty (MTR)
Mesa Royalty trades in USA in Energy sector.
Showing technical analysis as on 2024-11-01 View latest technical analysis
10 day averaged volume of Mesa Royalty is 6360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 5.94 | 6.21 | 6.36 | 5.80 | 2.657 times |
| 31 Thu Oct 2024 | 6.13 | 6.11 | 6.30 | 6.03 | 1.164 times |
| 30 Wed Oct 2024 | 6.11 | 6.06 | 6.23 | 6.01 | 1.415 times |
| 29 Tue Oct 2024 | 6.25 | 6.06 | 6.25 | 6.06 | 0.126 times |
| 28 Mon Oct 2024 | 6.13 | 6.13 | 6.58 | 6.00 | 2.704 times |
| 25 Fri Oct 2024 | 6.11 | 6.11 | 6.11 | 6.11 | 0.094 times |
| 24 Thu Oct 2024 | 5.96 | 5.95 | 6.05 | 5.86 | 1.258 times |
| 23 Wed Oct 2024 | 5.90 | 5.83 | 6.03 | 5.83 | 1.305 times |
| 22 Tue Oct 2024 | 5.95 | 5.90 | 5.95 | 5.86 | 0.597 times |
| 21 Mon Oct 2024 | 5.99 | 5.89 | 6.06 | 5.75 | 1.053 times |
Stock of Mesa Royalty (MTR) has showed a significant fall. This could be a good time to exit from this stock.
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 5.9 as stoploss in an intra day buy trade for a target of 6.09. However, stock will show a bearish move below 5.9.
Share price targets for Mesa Royalty (MTR)
| Target Type | Value |
| Downside Target | 5.60 |
| Downside Target | 5.75 |
| Upside Target | 6.08 |
| Upside Target | 6.36 |
| Upside Target | 6.43 |
| Upside Target | 6.58 |
| Upside Target | 6.69 |
| Upside Target | 6.99 |
| Upside Target | 7.73 |
| Upside Target | 8.38 |
| Upside Target | 8.95 |
Intraday share price targets for Mesa Royalty (MTR)
| Target Type | Value |
| Downside Intraday Target | 5.63 |
| Downside Intraday Target | 5.33 |
| Upside Intraday Target | 6.41 |
| Upside Intraday Target | 6.89 |
| Upside Intraday Target | 6.11 |
Weekly technical analysis of Mesa Royalty (MTR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 5.94 | 6.13 | 6.58 | 5.80 | 1.872 times |
| 25 Fri Oct 2024 | 6.11 | 5.89 | 6.11 | 5.75 | 1.176 times |
| 18 Fri Oct 2024 | 5.95 | 6.26 | 6.40 | 5.86 | 0.325 times |
| 11 Fri Oct 2024 | 6.12 | 6.36 | 6.99 | 6.08 | 0.634 times |
| 04 Fri Oct 2024 | 6.36 | 5.80 | 6.43 | 5.61 | 2.364 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 Mesa Royalty (MTR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 5.94 | 6.21 | 6.36 | 5.80 | 0.063 times |
| 31 Thu Oct 2024 | 6.13 | 5.65 | 6.99 | 5.61 | 1.391 times |
| 30 Mon Sep 2024 | 5.68 | 6.39 | 6.69 | 5.60 | 0.778 times |
| 30 Fri Aug 2024 | 6.34 | 8.38 | 8.38 | 6.20 | 1.359 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 Mesa Royalty (MTR)
Price action analysis of Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mesa Royalty in short term but the buy signal is initial and weak.
Mesa Royalty 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 Mesa Royalty in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mesa Royalty is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.03 and Mesa Royalty (MTR) 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 Mesa Royalty (MTR) stock. Volume based technical analysis of Mesa Royalty (MTR) stock is negative.
Mesa Royalty Stock has given negative 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mesa Royalty in short term but the buy signal is initial and weak.
Mesa Royalty 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 Mesa Royalty in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mesa Royalty is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.03 and Mesa Royalty (MTR) 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 Mesa Royalty (MTR) stock. Volume based technical analysis of Mesa Royalty (MTR) stock is negative.
Mesa Royalty Stock has given negative 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.