(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 2024-12-18 View latest technical analysis
10 day averaged volume of Mesa Royalty is 7305
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 6.33 | 6.32 | 6.44 | 6.09 | 2.217 times |
| 17 Tue Dec 2024 | 6.36 | 6.27 | 6.43 | 6.08 | 2.172 times |
| 16 Mon Dec 2024 | 6.27 | 6.33 | 6.52 | 6.06 | 1.747 times |
| 13 Fri Dec 2024 | 6.63 | 6.78 | 6.78 | 6.50 | 0.974 times |
| 12 Thu Dec 2024 | 6.78 | 6.50 | 6.78 | 6.50 | 1.542 times |
| 11 Wed Dec 2024 | 6.61 | 6.60 | 6.61 | 6.60 | 0.21 times |
| 09 Mon Dec 2024 | 6.82 | 6.70 | 6.99 | 6.60 | 0.731 times |
| 05 Thu Dec 2024 | 7.03 | 6.88 | 7.06 | 6.88 | 0.091 times |
| 26 Tue Nov 2024 | 7.12 | 7.11 | 7.50 | 7.05 | 0.726 times |
| 26 Tue Nov 2024 | 7.12 | 7.11 | 7.50 | 7.05 | 0.726 times |
Stock of Mesa Royalty (MTR) has showed a significant fall. This could be a good time to exit from this stock.
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 6.1 as stoploss in an intra day buy trade for a target of 6.59. However, stock will show a bearish move below 6.1.
Share price targets for Mesa Royalty (MTR)
| Target Type | Value |
| Downside Target | 5.60 |
| Downside Target | 5.78 |
| Downside Target | 5.96 |
| Downside Target | 6.20 |
| Upside Target | 6.50 |
| Upside Target | 6.69 |
| Upside Target | 6.88 |
| Upside Target | 7.06 |
| Upside Target | 7.49 |
| Upside Target | 7.50 |
| Upside Target | 8.38 |
Intraday share price targets for Mesa Royalty (MTR)
| Target Type | Value |
| Downside Intraday Target | 6.09 |
| Downside Intraday Target | 5.84 |
| Upside Intraday Target | 6.55 |
| Upside Intraday Target | 6.76 |
| Downside Intraday Target | 6.3 |
Weekly technical analysis of Mesa Royalty (MTR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 6.33 | 6.33 | 6.52 | 6.06 | 1.775 times |
| 13 Fri Dec 2024 | 6.63 | 6.70 | 6.99 | 6.50 | 4.231 times |
| 05 Thu Dec 2024 | 7.03 | 7.11 | 7.50 | 6.88 | 0.452 times |
| 26 Tue Nov 2024 | 7.12 | 7.37 | 7.50 | 7.05 | 0.087 times |
| 22 Fri Nov 2024 | 7.26 | 6.36 | 7.49 | 5.96 | 2.807 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mesa Royalty (MTR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Wed Dec 2024 | 6.33 | 6.88 | 7.06 | 6.06 | 0.243 times |
| 26 Tue Nov 2024 | 7.12 | 6.21 | 7.50 | 5.78 | 1.092 times |
| 31 Thu Oct 2024 | 6.13 | 5.65 | 6.99 | 5.61 | 1.391 times |
| 30 Mon Sep 2024 | 5.68 | 6.39 | 6.69 | 5.60 | 0.778 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 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 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 Mesa Royalty ( (MTR) ) based on a short to mid 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mesa Royalty in short term but the sell signal is initial and weak.
Mesa Royalty 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mesa Royalty in short term and SELL 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 Mesa Royalty is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.56 and Mesa Royalty (MTR) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
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 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 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 Mesa Royalty ( (MTR) ) based on a short to mid 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mesa Royalty in short term but the sell signal is initial and weak.
Mesa Royalty 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mesa Royalty in short term and SELL 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 Mesa Royalty is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.56 and Mesa Royalty (MTR) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.