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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 2024-09-23 View latest technical analysis

10 day averaged volume of Matador Resources is 1690160

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	52.53	52.20	53.58	51.96	0.693 times
20 Fri Sep 2024	52.20	51.89	52.33	51.00	1.27 times
19 Thu Sep 2024	52.20	53.18	53.65	52.03	0.776 times
18 Wed Sep 2024	51.70	52.00	52.73	51.18	0.664 times
17 Tue Sep 2024	51.96	50.26	52.18	50.26	0.85 times
16 Mon Sep 2024	50.40	50.43	50.91	49.74	1.277 times
13 Fri Sep 2024	49.84	50.29	51.37	49.79	1.083 times
12 Thu Sep 2024	49.66	49.54	50.29	48.65	0.891 times
11 Wed Sep 2024	49.49	49.49	49.78	48.22	0.724 times
10 Tue Sep 2024	49.21	50.17	50.22	48.83	1.062 times

My analysis of stock is bearish for shortterm, and stock might move down till 49.8 or till 46.3. Use a stoploss of 52.63 and if the stock hits stoploss, then it can shoot up till 55.5

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	48.22
Downside Target	49.74
Upside Target	53.58
Upside Target	55.14
Upside Target	56.00
Upside Target	57.48
Upside Target	57.78
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	51.8
Downside Intraday Target	51.07
Upside Intraday Target	53.42
Upside Intraday Target	54.31
Upside Intraday Target	52.69

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	52.53	52.20	53.58	51.96	0.143 times
20 Fri Sep 2024	52.20	50.43	53.65	49.74	0.937 times
13 Fri Sep 2024	49.84	50.88	51.37	48.22	1.292 times
06 Fri Sep 2024	50.66	55.29	55.31	50.16	5.696 times
30 Fri Aug 2024	56.72	57.26	57.48	56.00	0.253 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
23 Mon Sep 2024	52.53	55.29	55.31	48.22	0.882 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 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 neutral. A longer time frame might give a better analysis.

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 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 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 red color and prices are below 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 50.85 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.