(MTR) Mesa Royalty complete technical analysis [charts+indicators] | Buy/Sell Mesa Royalty | (MTR) share price targets
Complete technical analysis of Mesa Royalty (MTR) by charts plus indicators, forecast predictions and share price targets for Mesa Royalty (MTR)
Mesa Royalty trades in USA in Energy sector.
Showing technical analysis as on 2024-08-20 View latest technical analysis
10 day averaged volume of Mesa Royalty is 12386
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 7.40 | 7.13 | 7.47 | 7.13 | 1.278 times |
| 19 Mon Aug 2024 | 7.12 | 7.23 | 7.30 | 6.96 | 1.138 times |
| 16 Fri Aug 2024 | 7.06 | 6.87 | 7.29 | 6.78 | 2.81 times |
| 15 Thu Aug 2024 | 6.92 | 7.60 | 7.60 | 6.59 | 1.695 times |
| 14 Wed Aug 2024 | 7.08 | 7.37 | 7.37 | 7.02 | 0.436 times |
| 13 Tue Aug 2024 | 7.29 | 7.21 | 7.38 | 7.21 | 0.307 times |
| 12 Mon Aug 2024 | 7.30 | 7.40 | 7.42 | 7.26 | 1.106 times |
| 09 Fri Aug 2024 | 7.48 | 7.41 | 7.48 | 7.36 | 0.638 times |
| 08 Thu Aug 2024 | 7.56 | 7.51 | 7.61 | 7.41 | 0.646 times |
| 07 Wed Aug 2024 | 7.64 | 7.53 | 7.64 | 7.53 | 0.078 times |
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 7.2 as stoploss in an intra day buy trade for a target of 7.73. However, stock will show a bearish move below 7.2.
Share price targets for Mesa Royalty (MTR)
| Target Type | Value |
| Downside Target | 6.59 |
| Downside Target | 6.96 |
| Downside Target | 7.36 |
| Upside Target | 7.89 |
| Upside Target | 8.38 |
| Upside Target | 8.47 |
| Upside Target | 8.84 |
| Upside Target | 8.95 |
| Upside Target | 8.99 |
| Upside Target | 9.01 |
| Upside Target | 9.98 |
| Upside Target | 11.99 |
Intraday share price targets for Mesa Royalty (MTR)
| Target Type | Value |
| Downside Intraday Target | 7.08 |
| Downside Intraday Target | 6.77 |
| Upside Intraday Target | 7.59 |
| Upside Intraday Target | 7.79 |
| Downside Intraday Target | 7.28 |
Weekly technical analysis of Mesa Royalty (MTR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 7.40 | 7.23 | 7.47 | 6.96 | 0.38 times |
| 16 Fri Aug 2024 | 7.06 | 7.40 | 7.60 | 6.59 | 2.135 times |
| 09 Fri Aug 2024 | 7.48 | 7.77 | 7.90 | 7.36 | 1.326 times |
| 02 Fri Aug 2024 | 7.89 | 8.22 | 8.47 | 7.89 | 0.811 times |
| 26 Fri Jul 2024 | 8.29 | 8.40 | 8.84 | 8.02 | 0.803 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 Mesa Royalty (MTR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 7.40 | 8.38 | 8.38 | 6.59 | 0.847 times |
| 31 Wed Jul 2024 | 8.25 | 8.84 | 8.95 | 7.73 | 0.864 times |
| 28 Fri Jun 2024 | 8.82 | 8.90 | 8.99 | 7.70 | 0.739 times |
| 31 Fri May 2024 | 9.00 | 9.30 | 9.98 | 7.98 | 1.088 times |
Scroll below to view daily charts
Price has moved down 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 Mesa Royalty (MTR)
Price action analysis of Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mesa Royalty 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.
Mesa Royalty 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. Bulls are getting stronger in this stock.
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 Mesa Royalty 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mesa Royalty is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.18 and Mesa Royalty (MTR) 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 Mesa Royalty (MTR) stock. Volume based technical analysis of Mesa Royalty (MTR) stock is negative.
Mesa Royalty 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.
Price action analysis of Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mesa Royalty 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.
Mesa Royalty 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. Bulls are getting stronger in this stock.
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 Mesa Royalty 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mesa Royalty is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.18 and Mesa Royalty (MTR) 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 Mesa Royalty (MTR) stock. Volume based technical analysis of Mesa Royalty (MTR) stock is negative.
Mesa Royalty 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.