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

(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 2024-03-15 View latest technical analysis

10 day averaged volume of Matador Resources is 1103280

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	66.56	66.27	67.18	65.98	2.587 times
14 Thu Mar 2024	66.39	66.62	66.85	65.83	0.891 times
13 Wed Mar 2024	66.26	65.61	66.32	65.34	1.227 times
12 Tue Mar 2024	64.92	64.74	64.95	64.10	0.68 times
11 Mon Mar 2024	64.73	63.69	64.84	63.43	0.86 times
08 Fri Mar 2024	64.47	64.34	65.50	64.26	0.963 times
07 Thu Mar 2024	64.41	63.83	65.35	63.29	1.286 times
06 Wed Mar 2024	63.60	64.04	64.75	63.05	1.061 times
05 Tue Mar 2024	62.86	62.62	63.91	62.24	1.015 times
04 Mon Mar 2024	62.81	65.00	65.00	62.74	0.926 times

Stock of Matador Resources (MTDR) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65.3, but if it comes below 65.3, then a intra day sell could be more profitable.
If you take a sell trade below 65.3, then use 65.3 as stoploss and 63.04 as target. However if you take a buy trade in stock , then use 65.3 as stoploss and 68 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	63.43
Downside Target	63.50
Downside Target	63.62
Downside Target	64.97
Downside Target	65.50
Upside Target	67.18

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	64.27
Downside Intraday Target	61.97
Upside Intraday Target	68.02
Upside Intraday Target	69.47
Downside Intraday Target	65.72

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	66.56	63.69	67.18	63.43	1.19 times
08 Fri Mar 2024	64.47	65.00	65.50	62.24	0.898 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

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
15 Fri Mar 2024	66.56	64.00	67.18	62.24	0.478 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 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 SELL signal in short term and selling is picking up 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 64.96 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.