(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 2024-03-06 View latest technical analysis
10 day averaged volume of Matador Resources is 1460310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 63.60 | 64.04 | 64.75 | 63.05 | 0.801 times |
| 05 Tue Mar 2024 | 62.86 | 62.62 | 63.91 | 62.24 | 0.767 times |
| 04 Mon Mar 2024 | 62.81 | 65.00 | 65.00 | 62.74 | 0.699 times |
| 01 Fri Mar 2024 | 64.44 | 64.00 | 64.97 | 63.79 | 0.824 times |
| 29 Thu Feb 2024 | 63.15 | 63.22 | 63.50 | 62.38 | 0.899 times |
| 28 Wed Feb 2024 | 62.70 | 62.00 | 62.93 | 61.68 | 0.892 times |
| 27 Tue Feb 2024 | 62.20 | 61.80 | 62.41 | 61.32 | 1.079 times |
| 26 Mon Feb 2024 | 61.25 | 60.46 | 61.38 | 59.84 | 0.722 times |
| 23 Fri Feb 2024 | 60.72 | 60.01 | 60.85 | 59.17 | 0.65 times |
| 22 Thu Feb 2024 | 60.69 | 59.32 | 61.71 | 59.32 | 1.339 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62.9, but if it comes below 62.9, then a intra day sell could be more profitable.
If you take a sell trade below 62.9, then use 62.9 as stoploss and 59.77 as target. However if you take a buy trade in stock , then use 62.9 as stoploss and 66.7 as target.
Share price targets for Matador Resources (MTDR)
| Target Type | Value |
| Downside Target | 51.72 |
| Downside Target | 54.92 |
| Downside Target | 58.30 |
| Downside Target | 61.85 |
| Downside Target | 62.24 |
| Downside Target | 63.50 |
| Upside Target | 63.62 |
| Upside Target | 64.97 |
| Upside Target | 65.00 |
Intraday share price targets for Matador Resources (MTDR)
| Target Type | Value |
| Downside Intraday Target | 62.23 |
| Downside Intraday Target | 60.85 |
| Upside Intraday Target | 64.99 |
| Upside Intraday Target | 66.37 |
| Upside Intraday Target | 63.61 |
Weekly technical analysis of Matador Resources (MTDR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 63.60 | 65.00 | 65.00 | 62.24 | 0.513 times |
| 01 Fri Mar 2024 | 64.44 | 60.46 | 64.97 | 59.84 | 0.721 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 |
Price has moved down 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 |
| 06 Wed Mar 2024 | 63.60 | 64.00 | 65.00 | 62.24 | 0.155 times |
| 29 Thu Feb 2024 | 63.15 | 55.32 | 63.50 | 51.92 | 1.274 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 tired and bears are picking up momentum.
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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Matador Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 62.38 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.
Price action analysis of Matador Resources ( (MTDR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 tired and bears are picking up momentum.
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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Matador Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 62.38 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.