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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 2024-10-04 View latest technical analysis

10 day averaged volume of Matador Resources is 1564770

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	54.08	54.43	54.72	53.76	0.911 times
03 Thu Oct 2024	53.43	51.28	53.56	50.90	0.988 times
02 Wed Oct 2024	51.14	51.76	52.04	50.51	0.936 times
01 Tue Oct 2024	50.49	48.64	51.02	48.46	0.972 times
30 Mon Sep 2024	49.42	49.01	49.75	48.55	0.986 times
27 Fri Sep 2024	49.36	48.38	49.53	48.16	1.083 times
26 Thu Sep 2024	47.40	49.15	49.97	47.15	1.53 times
25 Wed Sep 2024	50.56	51.58	52.02	50.32	0.697 times
24 Tue Sep 2024	51.95	53.44	53.68	51.94	0.687 times
23 Mon Sep 2024	52.53	52.20	53.58	51.96	0.749 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 54.4, for a target of 52.4 or 50.84

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	47.15
Downside Target	48.22
Downside Target	49.74
Downside Target	53.65
Upside Target	54.72
Upside Target	55.14
Upside Target	55.31
Upside Target	57.78
Upside Target	61.89
Upside Target	63.86
Upside Target	66.89

Intraday share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Intraday Target	50.12
Downside Intraday Target	46.16
Upside Intraday Target	56.38
Upside Intraday Target	58.68
Downside Intraday Target	52.42

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	54.08	49.01	54.72	48.46	1.01 times
27 Fri Sep 2024	49.36	52.20	53.68	47.15	0.908 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

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
04 Fri Oct 2024	54.08	48.64	54.72	48.46	0.183 times
30 Mon Sep 2024	49.42	55.29	55.31	47.15	1.159 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

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 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 Strong 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 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 and selling is picking up 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 50.74 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.