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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 2024-10-31 View latest technical analysis

10 day averaged volume of Matador Resources is 2111620

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	52.11	52.14	53.03	51.89	1.146 times
30 Wed Oct 2024	51.72	50.61	51.92	50.21	0.757 times
29 Tue Oct 2024	50.49	50.77	51.30	50.05	0.655 times
28 Mon Oct 2024	50.68	50.19	50.99	49.83	1.008 times
25 Fri Oct 2024	51.83	53.10	53.86	50.00	2.399 times
24 Thu Oct 2024	52.40	51.44	52.48	50.96	1.128 times
23 Wed Oct 2024	50.76	50.95	51.40	49.34	1.672 times
22 Tue Oct 2024	50.33	51.23	51.39	50.27	0.941 times
21 Mon Oct 2024	50.81	52.31	52.47	50.78	0.542 times
18 Fri Oct 2024	51.54	52.30	52.61	51.23	0.415 times

My analysis of stock is bearish for shortterm, and stock might move down till 50.8 or till 49.1. Use a stoploss of 52.28 and if the stock hits stoploss, then it can shoot up till 53.73

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	47.15
Downside Target	48.46
Downside Target	52.06
Upside Target	55.14
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	50.28
Downside Intraday Target	48.46
Upside Intraday Target	53.48
Upside Intraday Target	54.86
Downside Intraday Target	51.66

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	52.11	50.19	53.03	49.83	0.534 times
25 Fri Oct 2024	51.83	52.31	53.86	49.34	2.372 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

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
31 Thu Oct 2024	52.11	48.64	55.40	48.46	1.258 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Matador Resources in short term but the buy signal is initial and weak.

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 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 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 51.36 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 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.