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(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 2024-07-16 View latest technical analysis

10 day averaged volume of Matador Resources is 1444116

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	64.85	64.12	65.08	63.86	0.983 times
15 Mon Jul 2024	64.46	62.58	65.22	62.27	1.531 times
12 Fri Jul 2024	61.97	62.25	62.38	61.74	0.902 times
11 Thu Jul 2024	61.65	60.20	61.76	60.09	1.124 times
10 Wed Jul 2024	60.08	58.52	60.12	58.50	0.861 times
09 Tue Jul 2024	58.54	58.20	59.93	58.03	1.11 times
08 Mon Jul 2024	59.04	57.90	59.17	57.90	0.74 times
05 Fri Jul 2024	58.20	60.17	60.45	57.78	1.282 times
03 Wed Jul 2024	60.51	60.37	60.87	59.91	0.739 times
03 Wed Jul 2024	60.51	60.37	60.87	59.91	0.739 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 64.4, for a target of 61.9 or 59.89

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	55.14
Downside Target	57.50
Downside Target	62.24
Downside Target	62.27
Downside Target	62.38
Downside Target	63.86
Upside Target	65.22
Upside Target	65.71
Upside Target	69.40
Upside Target	71.08

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	63.01
Downside Intraday Target	61.16
Upside Intraday Target	65.96
Upside Intraday Target	67.06
Downside Intraday Target	64.11

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	64.85	62.58	65.22	62.27	0.531 times
12 Fri Jul 2024	61.97	57.90	62.38	57.90	2.343 times
05 Fri Jul 2024	58.20	60.37	60.87	57.78	0.749 times
03 Wed Jul 2024	60.51	59.91	60.98	59.05	0.176 times
28 Fri Jun 2024	59.60	57.52	60.91	57.50	3.297 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
16 Tue Jul 2024	64.85	59.91	65.22	57.78	0.348 times
28 Fri Jun 2024	59.60	63.84	63.86	55.14	1.957 times
31 Fri May 2024	63.45	62.36	65.71	59.72	0.708 times
30 Tue Apr 2024	62.30	67.24	71.08	62.24	1.218 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 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 losing 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 SELL signal in short term and selling is picking up 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 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 61.14 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.