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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 2024-10-10 View latest technical analysis

10 day averaged volume of Matador Resources is 1653970

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	54.20	53.15	54.32	52.74	0.734 times
09 Wed Oct 2024	53.05	52.39	53.19	52.06	0.591 times
08 Tue Oct 2024	53.17	53.73	53.92	52.38	0.652 times
07 Mon Oct 2024	55.03	54.24	55.40	54.13	1.751 times
04 Fri Oct 2024	54.08	54.43	54.72	53.76	0.862 times
03 Thu Oct 2024	53.43	51.28	53.56	50.90	0.935 times
02 Wed Oct 2024	51.14	51.76	52.04	50.51	0.885 times
01 Tue Oct 2024	50.49	48.64	51.02	48.46	0.92 times
30 Mon Sep 2024	49.42	49.01	49.75	48.55	0.933 times
27 Fri Sep 2024	49.36	48.38	49.53	48.16	1.025 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.6, but if it comes below 53.6, then a intra day sell could be more profitable.
If you take a sell trade below 53.6, then use 53.6 as stoploss and 51.71 as target. However if you take a buy trade in stock , then use 53.6 as stoploss and 55.8 as target.

Share price targets for Matador Resources (MTDR)

Target Type	Value
Downside Target	47.15
Downside Target	48.22
Downside Target	49.74
Downside Target	50.79
Downside Target	53.65
Upside Target	55.31
Upside Target	55.40
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	52.37
Downside Intraday Target	50.55
Upside Intraday Target	55.71
Upside Intraday Target	57.23
Downside Intraday Target	53.89

Weekly technical analysis of Matador Resources (MTDR)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	54.20	54.24	55.40	52.06	0.822 times
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

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
10 Thu Oct 2024	54.20	48.64	55.40	48.46	0.372 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 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 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 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 tired and bears are picking up momentum.

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

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 52.45 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.