(MTRX) Matrix Service complete technical analysis [charts+indicators] | Buy/Sell Matrix Service | (MTRX) share price targets
Complete technical analysis of Matrix Service (MTRX) by charts plus indicators, forecast predictions and share price targets for Matrix Service (MTRX)
Matrix Service trades in USA in Basic Industries sector.
10 day averaged volume of Matrix Service is 304560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 11.53 | 11.10 | 11.63 | 11.08 | 1.136 times |
| 14 Tue May 2024 | 11.00 | 11.10 | 11.33 | 10.92 | 1.051 times |
| 13 Mon May 2024 | 10.89 | 11.01 | 11.23 | 10.65 | 1.69 times |
| 10 Fri May 2024 | 10.91 | 11.57 | 11.80 | 10.70 | 2.184 times |
| 09 Thu May 2024 | 10.64 | 10.82 | 11.19 | 9.75 | 2.726 times |
| 08 Wed May 2024 | 11.84 | 11.93 | 12.00 | 11.76 | 0.421 times |
| 07 Tue May 2024 | 11.93 | 11.97 | 12.24 | 11.93 | 0.443 times |
| 06 Mon May 2024 | 11.96 | 11.86 | 11.97 | 11.83 | 0.284 times |
| 03 Fri May 2024 | 11.74 | 11.67 | 11.99 | 11.51 | 0.346 times |
| 02 Thu May 2024 | 11.57 | 11.18 | 11.62 | 11.18 | 0.431 times |
My analysis of stock is bullish for shortterm, and stock might move up till 11.8 or till 12.2. Use a stoploss of 11.44 and if this stock hits its stoploss, then it can fall down till 11.09
Share price targets for Matrix Service (MTRX)
| Target Type | Value |
| Downside Target | 8.81 |
| Downside Target | 9.00 |
| Downside Target | 9.75 |
| Downside Target | 10.22 |
| Downside Target | 10.65 |
| Downside Target | 11.00 |
| Downside Target | 11.37 |
| Upside Target | 12.24 |
| Upside Target | 12.43 |
| Upside Target | 13.04 |
| Upside Target | 13.43 |
| Upside Target | 13.90 |
Intraday share price targets for Matrix Service (MTRX)
| Target Type | Value |
| Downside Intraday Target | 10.91 |
| Downside Intraday Target | 10.29 |
| Upside Intraday Target | 11.89 |
| Upside Intraday Target | 12.25 |
| Downside Intraday Target | 11.27 |
Weekly technical analysis of Matrix Service (MTRX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 11.53 | 11.01 | 11.63 | 10.65 | 0.64 times |
| 10 Fri May 2024 | 10.91 | 11.86 | 12.24 | 9.75 | 3.192 times |
| 03 Fri May 2024 | 11.74 | 11.57 | 11.99 | 11.00 | 1.065 times |
| 26 Fri Apr 2024 | 11.53 | 11.64 | 11.83 | 11.37 | 0.519 times |
| 19 Fri Apr 2024 | 11.61 | 12.22 | 12.43 | 11.50 | 1.529 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 Matrix Service (MTRX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 11.53 | 11.30 | 12.24 | 9.75 | 1.059 times |
| 30 Tue Apr 2024 | 11.26 | 13.03 | 13.43 | 11.13 | 0.587 times |
| 28 Thu Mar 2024 | 13.03 | 11.88 | 13.90 | 11.66 | 1.031 times |
| 29 Thu Feb 2024 | 11.80 | 9.42 | 13.04 | 8.81 | 1.682 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 Matrix Service (MTRX)
Price action analysis of Matrix Service ( (MTRX) ) 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 Matrix Service ( (MTRX) ) 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 Matrix Service ( (MTRX) ) based on a short to mid 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 Matrix Service ( (MTRX) ) 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 Matrix Service stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Matrix Service 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.
Matrix Service 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Matrix Service 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Matrix Service is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.07 and Matrix Service (MTRX) 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 Matrix Service (MTRX) stock. Volume based technical analysis of Matrix Service (MTRX) stock is negative.
Matrix Service Stock is giving positive 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 Matrix Service ( (MTRX) ) 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 Matrix Service ( (MTRX) ) 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 Matrix Service ( (MTRX) ) based on a short to mid 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 Matrix Service ( (MTRX) ) 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 Matrix Service stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Matrix Service 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.
Matrix Service 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Matrix Service 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Matrix Service is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.07 and Matrix Service (MTRX) 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 Matrix Service (MTRX) stock. Volume based technical analysis of Matrix Service (MTRX) stock is negative.
Matrix Service Stock is giving positive 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.