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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 2024-08-08 View latest technical analysis

10 day averaged volume of Matador Resources is 1674900

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	55.48	54.35	55.89	54.35	0.773 times
07 Wed Aug 2024	53.65	54.70	55.72	53.21	0.834 times
06 Tue Aug 2024	53.20	53.12	54.09	52.65	0.906 times
05 Mon Aug 2024	52.93	52.40	53.26	50.79	1.084 times
02 Fri Aug 2024	54.58	57.83	58.21	53.76	1.277 times
01 Thu Aug 2024	59.14	61.39	61.89	58.56	0.814 times
31 Wed Jul 2024	61.48	61.65	62.21	61.12	0.897 times
30 Tue Jul 2024	60.35	60.13	60.80	59.58	0.778 times
29 Mon Jul 2024	60.14	61.89	62.35	59.34	1.187 times
26 Fri Jul 2024	61.44	61.59	61.88	60.58	1 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.2, but if it comes above 56.2, then a intra day buy could be more profitable.
If you take a sell trade below 56.2, then use 56.2 as stoploss and 51.4 as target. However if you take a buy trade in stock , then use 56.2 as stoploss and 60.25 as target.

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	50.79
Downside Target	53.76
Downside Target	55.14
Upside Target	57.78
Upside Target	59.72
Upside Target	61.89
Upside Target	62.38
Upside Target	63.86
Upside Target	64.26
Upside Target	65.71
Upside Target	66.89
Upside Target	71.08

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	52.22
Downside Intraday Target	48.95
Upside Intraday Target	57.32
Upside Intraday Target	59.15
Downside Intraday Target	54.05

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	55.48	52.40	55.89	50.79	0.726 times
02 Fri Aug 2024	54.58	61.89	62.35	53.76	0.869 times
26 Fri Jul 2024	61.44	63.63	64.26	60.58	1.109 times
19 Fri Jul 2024	64.06	62.58	66.89	62.27	1.259 times
12 Fri Jul 2024	61.97	57.90	62.38	57.90	2.343 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
08 Thu Aug 2024	55.48	61.39	61.89	50.79	0.26 times
31 Wed Jul 2024	61.48	59.91	66.89	57.78	0.738 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

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 Matador Resources (MTDR)

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 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 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 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 Matador Resources stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Matador Resources in short term and the sell signal is strong.

Matador Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 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 57.17 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.