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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 2024-10-24 View latest technical analysis

10 day averaged volume of Matador Resources is 1515470

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	52.40	51.44	52.48	50.96	1.572 times
23 Wed Oct 2024	50.76	50.95	51.40	49.34	2.33 times
22 Tue Oct 2024	50.33	51.23	51.39	50.27	1.311 times
21 Mon Oct 2024	50.81	52.31	52.47	50.78	0.755 times
18 Fri Oct 2024	51.54	52.30	52.61	51.23	0.578 times
17 Thu Oct 2024	52.46	51.78	52.65	51.38	0.675 times
16 Wed Oct 2024	51.79	51.05	52.13	50.75	0.835 times
15 Tue Oct 2024	50.66	51.61	51.93	50.64	1.254 times
14 Mon Oct 2024	53.67	54.03	54.51	53.12	0.583 times
11 Fri Oct 2024	54.75	53.75	55.28	53.73	0.877 times

My analysis of stock is bullish for shortterm, and stock might move up till 53.8 or till 55.9. Use a stoploss of 52.13 and if this stock hits its stoploss, then it can fall down till 50.43

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	47.15
Downside Target	48.46
Downside Target	50.64
Downside 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	50.33
Downside Intraday Target	48.27
Upside Intraday Target	53.47
Upside Intraday Target	54.55
Downside Intraday Target	51.41

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	52.40	52.31	52.48	49.34	1.52 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Matador Resources (MTDR)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	52.40	48.64	55.40	48.46	0.872 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 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 Weak 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 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 in or above the red 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 51.65 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 positive

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