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(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 2024-02-27 View latest technical analysis

10 day averaged volume of Matador Resources is 1807890

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	62.20	61.80	62.41	61.32	0.872 times
26 Mon Feb 2024	61.25	60.46	61.38	59.84	0.583 times
23 Fri Feb 2024	60.72	60.01	60.85	59.17	0.525 times
22 Thu Feb 2024	60.69	59.32	61.71	59.32	1.081 times
21 Wed Feb 2024	60.55	59.39	61.85	59.12	1.719 times
20 Tue Feb 2024	58.74	59.11	59.62	58.30	1.626 times
16 Fri Feb 2024	59.33	59.14	60.32	58.54	0.857 times
15 Thu Feb 2024	58.98	56.45	59.71	56.45	0.889 times
14 Wed Feb 2024	56.28	56.65	57.98	55.96	0.866 times
13 Tue Feb 2024	56.09	55.82	56.74	55.34	1.079 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 63.5, for a target of 60 or 57.07

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	51.72
Downside Target	54.92
Downside Target	58.30
Downside Target	59.82
Downside Target	59.84
Downside Target	60.32
Downside Target	61.85
Upside Target	62.41
Upside Target	63.62
Upside Target	67.71

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	60.56
Downside Intraday Target	58.91
Upside Intraday Target	63.13
Upside Intraday Target	64.05
Downside Intraday Target	61.48

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	62.20	60.46	62.41	59.84	0.294 times
23 Fri Feb 2024	60.72	59.11	61.85	58.30	1.109 times
16 Fri Feb 2024	59.33	54.92	60.32	54.92	1.784 times
09 Fri Feb 2024	54.65	52.74	55.99	51.92	0.862 times
02 Fri Feb 2024	53.23	55.17	56.83	52.86	1.049 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
27 Tue Feb 2024	62.20	55.32	62.41	51.92	1.159 times
31 Wed Jan 2024	54.89	57.52	58.97	52.31	0.86 times
29 Fri Dec 2023	56.86	57.55	59.82	51.72	1.083 times
30 Thu Nov 2023	57.88	61.78	63.62	54.94	0.699 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 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 59.38 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.