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 2024-11-20 View latest technical analysis

10 day averaged volume of Matador Resources is 1386010

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	59.18	57.86	59.28	57.86	0.701 times
19 Tue Nov 2024	57.77	58.11	58.87	57.63	0.806 times
18 Mon Nov 2024	58.82	58.23	59.12	57.94	0.674 times
15 Fri Nov 2024	57.53	58.81	59.21	57.02	1.012 times
14 Thu Nov 2024	58.99	58.62	59.12	57.78	1.199 times
13 Wed Nov 2024	57.99	57.45	58.60	56.38	1.13 times
12 Tue Nov 2024	57.24	57.25	58.18	57.14	0.965 times
11 Mon Nov 2024	57.28	56.53	57.30	56.18	0.974 times
08 Fri Nov 2024	56.58	56.33	56.63	55.48	0.677 times
07 Thu Nov 2024	56.54	57.41	57.71	56.15	0.989 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.2, but if it comes below 58.2, then a intra day sell could be more profitable.
If you take a sell trade below 58.2, then use 58.2 as stoploss and 55.1 as target. However if you take a buy trade in stock , then use 58.2 as stoploss and 61.8 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
Downside Target	57.78
Downside Target	58.25
Upside Target	59.21
Upside Target	59.28
Upside Target	61.89
Upside Target	66.89

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	58.11
Downside Intraday Target	57.05
Upside Intraday Target	59.76
Upside Intraday Target	60.35
Downside Intraday Target	58.7

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	59.18	58.23	59.28	57.63	0.413 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
20 Wed Nov 2024	59.18	52.63	59.28	51.31	0.469 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 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 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 gaining momentum.

MACD generated a BUY signal for Matador Resources in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 57.79 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.