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(MTRX) Matrix Service complete technical analysis [charts+indicators] | Buy/Sell Matrix Service | (MTRX) share price targets

Complete technical analysis of Matrix Service (MTRX) by charts plus indicators, forecast predictions and share price targets for Matrix Service (MTRX)

Matrix Service trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-12-26 View latest technical analysis

10 day averaged volume of Matrix Service is 144566

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	12.23	12.03	12.24	11.91	0.535 times
24 Tue Dec 2024	12.10	12.09	12.41	11.95	0.363 times
23 Mon Dec 2024	12.03	12.17	12.20	11.99	0.494 times
20 Fri Dec 2024	12.16	11.96	12.42	11.83	4.138 times
19 Thu Dec 2024	12.12	12.45	12.84	12.00	0.71 times
18 Wed Dec 2024	12.30	13.18	13.30	12.21	1.079 times
17 Tue Dec 2024	13.09	13.25	13.25	12.71	1.04 times
16 Mon Dec 2024	13.32	13.10	13.39	13.04	0.544 times
13 Fri Dec 2024	13.04	12.86	13.04	12.78	0.376 times
12 Thu Dec 2024	12.89	13.03	13.07	12.81	0.325 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.3, but if it comes above 12.3, then a intra day buy could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 11.8 as target. However if you take a buy trade in stock , then use 12.3 as stoploss and 12.83 as target.

Share price targets for Matrix Service (MTRX)

Target Type	Value
Downside Target	8.65
Downside Target	9.14
Downside Target	10.25
Downside Target	11.02
Downside Target	11.69
Downside Target	12.15
Upside Target	12.41
Upside Target	13.11
Upside Target	13.14
Upside Target	13.39
Upside Target	13.42
Upside Target	13.55
Upside Target	13.58

Intraday share price targets for Matrix Service (MTRX)

Target Type	Value
Downside Intraday Target	11.96
Downside Intraday Target	11.68
Upside Intraday Target	12.46
Upside Intraday Target	12.68
Downside Intraday Target	12.18

Weekly technical analysis of Matrix Service (MTRX)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	12.23	12.17	12.41	11.91	0.185 times
20 Fri Dec 2024	12.16	13.10	13.39	11.83	2.321 times
13 Fri Dec 2024	13.04	12.96	13.11	12.46	3.078 times
26 Tue Nov 2024	13.30	13.36	13.42	13.14	0.541 times
26 Tue Nov 2024	13.30	13.40	13.55	13.14	0.42 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 Matrix Service (MTRX)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	12.23	12.96	13.39	11.83	0.604 times
26 Tue Nov 2024	13.30	11.34	13.58	11.04	1.19 times
31 Thu Oct 2024	11.23	11.63	12.15	11.02	0.403 times
30 Mon Sep 2024	11.53	9.84	11.69	9.14	2.31 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 Matrix Service (MTRX)

Price action analysis of Matrix Service ( (MTRX) ) 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 Matrix Service ( (MTRX) ) 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 Matrix Service ( (MTRX) ) based on a mid to longer 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.

ADX buy sell signal for Matrix Service stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Matrix Service in short term but the sell signal is initial and weak.

Matrix Service 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Matrix Service in short term and SELL 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 Matrix Service is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.39 and Matrix Service (MTRX) 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 Matrix Service (MTRX) stock. Volume based technical analysis of Matrix Service (MTRX) stock is negative.

Matrix Service 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.