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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 2024-09-04 View latest technical analysis

10 day averaged volume of Matador Resources is 1062750

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	52.03	53.53	53.78	51.79	1.756 times
03 Tue Sep 2024	53.31	55.29	55.31	53.21	1.692 times
30 Fri Aug 2024	56.72	57.26	57.48	56.00	1.116 times
30 Fri Aug 2024	56.72	57.26	57.48	56.00	1.116 times
29 Thu Aug 2024	58.13	57.83	58.60	57.14	0.696 times
28 Wed Aug 2024	57.33	56.59	57.42	56.26	0.981 times
27 Tue Aug 2024	57.18	57.94	57.94	56.76	0.62 times
26 Mon Aug 2024	58.13	58.40	59.38	57.80	0.999 times
23 Fri Aug 2024	57.27	56.24	57.48	55.94	1.078 times
22 Thu Aug 2024	55.76	55.95	56.47	55.48	0.786 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 53, for a target of 54.8 or 56.2

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	50.79
Upside Target	54.78
Upside Target	57.48
Upside Target	57.78
Upside Target	57.84
Upside Target	59.38
Upside Target	59.72
Upside Target	61.89
Upside Target	63.86
Upside Target	65.71
Upside Target	66.89

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	50.78
Downside Intraday Target	49.52
Upside Intraday Target	54.3
Upside Intraday Target	56.56
Upside Intraday Target	53.04

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	52.03	55.29	55.31	51.79	3.09 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Matador Resources (MTDR)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	52.03	55.29	55.31	51.79	0.13 times
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

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 to mid 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Matador Resources in short term and the sell signal is strong.

Matador Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Matador Resources in short term and SELL 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 55.72 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.