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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 2024-11-19 View latest technical analysis

10 day averaged volume of Matador Resources is 1399950

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	57.77	58.11	58.87	57.63	0.798 times
18 Mon Nov 2024	58.82	58.23	59.12	57.94	0.667 times
15 Fri Nov 2024	57.53	58.81	59.21	57.02	1.002 times
14 Thu Nov 2024	58.99	58.62	59.12	57.78	1.187 times
13 Wed Nov 2024	57.99	57.45	58.60	56.38	1.118 times
12 Tue Nov 2024	57.24	57.25	58.18	57.14	0.956 times
11 Mon Nov 2024	57.28	56.53	57.30	56.18	0.964 times
08 Fri Nov 2024	56.58	56.33	56.63	55.48	0.671 times
07 Thu Nov 2024	56.54	57.41	57.71	56.15	0.98 times
06 Wed Nov 2024	57.37	55.25	58.25	54.68	1.558 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.7, but if it comes below 57.7, then a intra day sell could be more profitable.
If you take a sell trade below 57.7, then use 57.7 as stoploss and 54.68 as target. However if you take a buy trade in stock , then use 57.7 as stoploss and 61.4 as target.

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	47.15
Downside Target	48.46
Downside Target	53.54
Downside Target	55.31
Downside Target	57.63
Upside Target	57.78
Upside Target	58.25
Upside Target	59.12
Upside Target	59.21
Upside Target	61.89
Upside Target	66.89

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	57.23
Downside Intraday Target	56.68
Upside Intraday Target	58.72
Upside Intraday Target	59.66
Upside Intraday Target	58.17

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	57.77	58.23	59.12	57.63	0.28 times
15 Fri Nov 2024	57.53	56.53	59.21	56.18	1.012 times
08 Fri Nov 2024	56.58	52.12	58.25	51.83	0.786 times
01 Fri Nov 2024	51.59	50.19	53.54	49.83	0.652 times
25 Fri Oct 2024	51.83	52.31	53.86	49.34	2.372 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
19 Tue Nov 2024	57.77	52.63	59.21	51.31	0.445 times
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

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 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 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 mid to longer 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.

ADX buy sell signal for Matador Resources stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Matador Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Matador Resources in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 57.62 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 is giving positive 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.