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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.

10 day averaged volume of Matador Resources is 1965470

Date Daily Closing Price Open High Low Volume
01 Mon Mar 2021 22.04 21.42 22.08 21.08 1.201 times
26 Fri Feb 2021 20.89 19.98 21.30 19.33 1.197 times
25 Thu Feb 2021 20.16 21.65 21.87 19.81 1.018 times
24 Wed Feb 2021 21.29 19.31 21.47 19.25 1.876 times
23 Tue Feb 2021 21.39 20.34 21.61 18.86 1.515 times
22 Mon Feb 2021 20.26 19.52 21.02 19.40 0.78 times
19 Fri Feb 2021 19.10 18.83 19.75 18.65 0.635 times
18 Thu Feb 2021 18.63 20.03 20.34 18.61 0.78 times
17 Wed Feb 2021 20.23 20.05 20.40 19.55 0.638 times
16 Tue Feb 2021 20.07 20.48 20.75 19.92 0.719 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 20.9, but if it comes below 20.9, then a intra day sell could be more profitable.
If you take a sell trade below 20.9, then use 20.9 as stoploss and 19.39 as target. However if you take a buy trade in stock , then use 20.9 as stoploss and 22.8 as target.

Share price targets for Matador Resources (MTDR)

Target Type Value
Downside Target 6.47
Downside Target 10.17
Downside Target 11.78
Downside Target 12.02
Downside Target 13.84
Downside Target 15.05
Downside Target 17.54
Downside Target 18.47
Downside Target 20.20
Downside Target 20.75
Downside Target 21.08
Downside Target 21.87
Upside Target 22.08

Intraday share price targets for Matador Resources (MTDR)

Target Type Value
Downside Intraday Target 21.39
Downside Intraday Target 20.73
Upside Intraday Target 22.39
Upside Intraday Target 22.73
Downside Intraday Target 21.73

Weekly technical analysis of Matador Resources (MTDR)

Date Weekly Closing Price Open High Low Volume
01 Mon Mar 2021 22.04 21.42 22.08 21.08 0.188 times
26 Fri Feb 2021 20.89 19.52 21.87 18.86 2.304 times
19 Fri Feb 2021 19.10 20.48 20.75 18.61 0.637 times
12 Fri Feb 2021 19.84 18.50 20.20 18.50 1.004 times
05 Fri Feb 2021 18.17 15.61 18.47 15.05 0.572 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
01 Mon Mar 2021 22.04 21.42 22.08 21.08 0.067 times
26 Fri Feb 2021 20.89 15.61 21.87 15.05 0.629 times
29 Fri Jan 2021 15.28 12.32 17.54 12.02 0.857 times
31 Thu Dec 2020 12.06 10.64 13.84 10.17 0.869 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 25, 9, 44 Buy
MACD 3, 3Buy
Stochastics 72Buy
CCI 182Buy
RSI 53Buy
OBV 13559300Sell
VWAP 21Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

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 BUY signal in short term and the buying is gaining 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 20.67 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 positive

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

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