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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 2024-08-14 View latest technical analysis

10 day averaged volume of Matador Resources is 1466510

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	55.62	55.90	55.98	55.07	1.171 times
13 Tue Aug 2024	55.63	55.52	55.98	54.78	0.767 times
12 Mon Aug 2024	56.07	56.05	56.59	55.50	0.848 times
09 Fri Aug 2024	55.68	55.48	56.31	55.25	0.865 times
08 Thu Aug 2024	55.48	54.35	55.89	54.35	0.883 times
07 Wed Aug 2024	53.65	54.70	55.72	53.21	0.952 times
06 Tue Aug 2024	53.20	53.12	54.09	52.65	1.034 times
05 Mon Aug 2024	52.93	52.40	53.26	50.79	1.238 times
02 Fri Aug 2024	54.58	57.83	58.21	53.76	1.459 times
01 Thu Aug 2024	59.14	61.39	61.89	58.56	0.93 times

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 54.8 as stoploss in an intra day buy trade for a target of 58.57. However, stock will show a bearish move below 54.8.

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	50.79
Downside Target	53.76
Upside Target	56.31
Upside Target	57.78
Upside Target	59.72
Upside Target	61.89
Upside Target	62.35
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	54.74
Downside Intraday Target	53.85
Upside Intraday Target	56.55
Upside Intraday Target	57.47
Upside Intraday Target	55.66

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	55.62	56.05	56.59	54.78	0.56 times
09 Fri Aug 2024	55.68	52.40	56.31	50.79	0.879 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

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
14 Wed Aug 2024	55.62	61.39	61.89	50.79	0.406 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 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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. 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 coming down

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 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 55.06 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 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.