Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-23 View latest technical analysis

10 day averaged volume of Matador Resources is 1260050

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	50.76	50.95	51.40	49.34	2.802 times
22 Tue Oct 2024	50.33	51.23	51.39	50.27	1.576 times
21 Mon Oct 2024	50.81	52.31	52.47	50.78	0.908 times
18 Fri Oct 2024	51.54	52.30	52.61	51.23	0.695 times
17 Thu Oct 2024	52.46	51.78	52.65	51.38	0.812 times
16 Wed Oct 2024	51.79	51.05	52.13	50.75	1.004 times
15 Tue Oct 2024	50.66	51.61	51.93	50.64	1.508 times
14 Mon Oct 2024	53.67	54.03	54.51	53.12	0.701 times
11 Fri Oct 2024	54.75	53.75	55.28	53.73	1.055 times
10 Thu Oct 2024	54.20	53.15	54.32	52.74	0.964 times

Stock of Matador Resources (MTDR) has showed a significant upmove. This could be a good time to enter in 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 49.9 as stoploss in an intra day buy trade for a target of 51.88. However, stock will show a bearish move below 49.9.

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	47.15
Downside Target	48.46
Downside Target	50.64
Upside Target	52.06
Upside Target	53.68
Upside Target	55.31
Upside Target	55.40
Upside Target	57.78
Upside Target	61.89
Upside Target	63.86
Upside Target	66.89

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	49.24
Downside Intraday Target	47.73
Upside Intraday Target	52.37
Upside Intraday Target	53.99
Upside Intraday Target	50.86

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	50.76	52.31	52.47	49.34	1.12 times
18 Fri Oct 2024	51.54	54.03	54.51	50.64	0.794 times
11 Fri Oct 2024	54.75	54.24	55.40	52.06	0.999 times
04 Fri Oct 2024	54.08	49.01	54.72	48.46	1.01 times
27 Fri Sep 2024	49.36	52.20	53.68	47.15	0.908 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
23 Wed Oct 2024	50.76	48.64	55.40	48.46	0.799 times
30 Mon Sep 2024	49.42	55.29	55.31	47.15	1.159 times
30 Fri Aug 2024	56.72	61.39	61.89	50.79	0.769 times
31 Wed Jul 2024	61.48	59.91	66.89	57.78	0.738 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 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 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 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 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 gaining 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 SELL signal for Matador Resources in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Matador Resources is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.74 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.