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 2024-08-30 View latest technical analysis

10 day averaged volume of Matador Resources is 961480

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	56.72	57.26	57.48	56.00	1.233 times
30 Fri Aug 2024	56.72	57.26	57.48	56.00	1.233 times
29 Thu Aug 2024	58.13	57.83	58.60	57.14	0.769 times
28 Wed Aug 2024	57.33	56.59	57.42	56.26	1.084 times
27 Tue Aug 2024	57.18	57.94	57.94	56.76	0.685 times
26 Mon Aug 2024	58.13	58.40	59.38	57.80	1.105 times
23 Fri Aug 2024	57.27	56.24	57.48	55.94	1.191 times
22 Thu Aug 2024	55.76	55.95	56.47	55.48	0.869 times
21 Wed Aug 2024	55.95	56.97	56.97	55.65	1.014 times
20 Tue Aug 2024	55.93	56.86	57.11	55.20	1.134 times

My analysis of stock is bullish for shortterm, and stock might move up till 57.5 or till 59. Use a stoploss of 56.27 and if this stock hits its stoploss, then it can fall down till 55.03

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	50.79
Downside Target	54.78
Upside Target	57.48
Upside Target	59.38
Upside Target	59.72
Upside Target	61.89
Upside Target	62.24
Upside Target	63.86
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	55.99
Downside Intraday Target	55.25
Upside Intraday Target	57.47
Upside Intraday Target	58.21
Upside Intraday Target	56.73

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	56.72	57.26	57.48	56.00	0.253 times
30 Fri Aug 2024	56.72	58.40	59.38	56.00	0.952 times
23 Fri Aug 2024	57.27	56.85	57.84	55.20	0.752 times
16 Fri Aug 2024	56.51	56.05	57.54	54.78	0.898 times
09 Fri Aug 2024	55.68	52.40	56.31	50.79	0.879 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
30 Fri Aug 2024	56.72	61.39	61.89	50.79	0.769 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Matador Resources stock for short term is BUY. Signal strength is Weak and stock is gaining 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. Bears 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 coming down

CCI has generated a SELL signal for Matador Resources in short term

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 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 56.89 and Matador Resources (MTDR) 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 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.