Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MATW) Matthews International complete technical analysis [charts+indicators] | Buy/Sell Matthews International | (MATW) share price targets

Complete technical analysis of Matthews International (MATW) by charts plus indicators, forecast predictions and share price targets for Matthews International (MATW)

Matthews International trades in USA in Capital Goods sector.

10 day averaged volume of Matthews International is 141290

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	34.87	34.19	34.95	33.87	1.567 times
30 Thu Nov 2023	34.15	34.31	34.86	33.75	1.446 times
29 Wed Nov 2023	34.02	34.61	34.82	33.93	1.173 times
28 Tue Nov 2023	34.52	34.87	35.01	34.52	1.051 times
27 Mon Nov 2023	34.99	34.43	35.06	34.21	0.983 times
24 Fri Nov 2023	34.33	34.70	34.76	34.23	0.352 times
22 Wed Nov 2023	34.86	35.02	35.37	34.14	0.914 times
21 Tue Nov 2023	34.98	35.70	35.89	34.92	0.678 times
20 Mon Nov 2023	35.80	36.56	36.89	35.51	1.061 times
17 Fri Nov 2023	36.71	38.92	38.92	34.63	1.739 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 34.6 as stoploss in an intra day buy trade for a target of 35.99. However, stock will show a bearish move below 34.6.

Share price targets for Matthews International (MATW)

Target Type	Value
Downside Target	33.75
Upside Target	36.80
Upside Target	36.89
Upside Target	37.43
Upside Target	38.01
Upside Target	39.06
Upside Target	40.80
Upside Target	40.83
Upside Target	42.57
Upside Target	46.93

Intraday share price targets for Matthews International (MATW)

Target Type	Value
Downside Intraday Target	34.06
Downside Intraday Target	33.25
Upside Intraday Target	35.37
Upside Intraday Target	35.87
Downside Intraday Target	34.56

Weekly technical analysis of Matthews International (MATW)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	34.87	34.43	35.06	33.75	2.07 times
24 Fri Nov 2023	34.33	36.56	36.89	34.14	0.634 times
17 Fri Nov 2023	36.71	36.98	39.06	34.63	1.26 times
10 Fri Nov 2023	37.28	36.15	37.43	35.69	0.607 times
03 Fri Nov 2023	36.23	35.72	36.80	34.51	1.3 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Matthews International (MATW)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	34.87	34.19	34.95	33.87	0.078 times
30 Thu Nov 2023	34.15	35.27	39.06	33.75	1.186 times
31 Tue Oct 2023	35.44	38.59	40.80	34.90	0.776 times
29 Fri Sep 2023	38.91	42.28	42.57	38.01	1.441 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 Matthews International (MATW)

Price action analysis of Matthews International ( (MATW) ) 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 Matthews International ( (MATW) ) 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 Matthews International ( (MATW) ) 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 Matthews International stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Matthews International 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.

Matthews International 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 moving up

CCI has generated a buy signal for Matthews International in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Matthews International is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.03 and Matthews International (MATW) 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 Matthews International (MATW) stock. Volume based technical analysis of Matthews International (MATW) stock is negative.

Matthews International 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.