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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 2024-08-15 View latest technical analysis

10 day averaged volume of Matador Resources is 1488000

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu Aug 2024	57.40	55.92	57.54	55.92	1.069 times
14 Wed Aug 2024	55.62	55.90	55.98	55.07	1.154 times
13 Tue Aug 2024	55.63	55.52	55.98	54.78	0.756 times
12 Mon Aug 2024	56.07	56.05	56.59	55.50	0.836 times
09 Fri Aug 2024	55.68	55.48	56.31	55.25	0.852 times
08 Thu Aug 2024	55.48	54.35	55.89	54.35	0.87 times
07 Wed Aug 2024	53.65	54.70	55.72	53.21	0.938 times
06 Tue Aug 2024	53.20	53.12	54.09	52.65	1.019 times
05 Mon Aug 2024	52.93	52.40	53.26	50.79	1.22 times
02 Fri Aug 2024	54.58	57.83	58.21	53.76	1.438 times

My analysis of stock is bearish for shortterm, and stock might move down till 54.8 or till 50.6. Use a stoploss of 58.19 and if the stock hits stoploss, then it can shoot up till 61.62

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	50.79
Downside Target	53.76
Downside Target	56.31
Upside Target	57.54
Upside Target	59.72
Upside Target	61.89
Upside Target	62.35
Upside Target	63.86
Upside Target	64.26
Upside Target	65.71
Upside Target	66.89
Upside Target	71.08

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	55.61
Downside Intraday Target	53.81
Upside Intraday Target	58.37
Upside Intraday Target	59.33
Downside Intraday Target	56.57

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu Aug 2024	57.40	56.05	57.54	54.78	0.779 times
09 Fri Aug 2024	55.68	52.40	56.31	50.79	0.879 times
02 Fri Aug 2024	54.58	61.89	62.35	53.76	0.869 times
26 Fri Jul 2024	61.44	63.63	64.26	60.58	1.109 times
19 Fri Jul 2024	64.06	62.58	66.89	62.27	1.259 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 Thu Aug 2024	57.40	61.39	61.89	50.79	0.45 times
31 Wed Jul 2024	61.48	59.91	66.89	57.78	0.738 times
28 Fri Jun 2024	59.60	63.84	63.86	55.14	1.957 times
31 Fri May 2024	63.45	62.36	65.71	59.72	0.708 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 Matador Resources (MTDR)

Price action analysis of Matador Resources ( (MTDR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Matador Resources ( (MTDR) ) 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 Matador Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Matador Resources in short term but the buy signal is initial and weak.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 negative zone. This is the SELL 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 54.94 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 falling down

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 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.