(MTR) Mesa Royalty complete technical analysis [charts+indicators] | Buy/Sell Mesa Royalty | (MTR) share price targets
Complete technical analysis of Mesa Royalty (MTR) by charts plus indicators, forecast predictions and share price targets for Mesa Royalty (MTR)
Mesa Royalty trades in USA in Energy sector.
Showing technical analysis as on 2024-02-22 View latest technical analysis
10 day averaged volume of Mesa Royalty is 11900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 9.08 | 9.14 | 9.20 | 9.02 | 0.689 times |
| 21 Wed Feb 2024 | 9.30 | 9.37 | 9.38 | 9.08 | 0.697 times |
| 20 Tue Feb 2024 | 9.03 | 9.30 | 9.30 | 9.03 | 0.479 times |
| 16 Fri Feb 2024 | 9.30 | 9.25 | 9.50 | 9.01 | 0.42 times |
| 15 Thu Feb 2024 | 9.30 | 9.44 | 9.45 | 9.15 | 0.941 times |
| 14 Wed Feb 2024 | 9.33 | 9.27 | 9.50 | 8.95 | 1.277 times |
| 13 Tue Feb 2024 | 9.45 | 10.00 | 10.00 | 9.35 | 0.933 times |
| 12 Mon Feb 2024 | 9.51 | 10.10 | 10.15 | 9.30 | 4.025 times |
| 09 Fri Feb 2024 | 10.12 | 10.10 | 10.21 | 10.01 | 0.731 times |
| 08 Thu Feb 2024 | 10.21 | 10.27 | 10.30 | 10.21 | 0.151 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.4, but if it comes above 9.4, then a intra day buy could be more profitable.
If you take a sell trade below 9.4, then use 9.4 as stoploss and 8.5 as target. However if you take a buy trade in stock , then use 9.4 as stoploss and 10.1 as target.
Share price targets for Mesa Royalty (MTR)
| Target Type | Value |
| Downside Target | 8.95 |
| Upside Target | 9.38 |
| Upside Target | 10.01 |
| Upside Target | 10.61 |
| Upside Target | 11.36 |
| Upside Target | 11.90 |
| Upside Target | 12.58 |
| Upside Target | 12.80 |
| Upside Target | 14.49 |
| Upside Target | 15.96 |
| Upside Target | 18.69 |
| Upside Target | 18.92 |
Intraday share price targets for Mesa Royalty (MTR)
| Target Type | Value |
| Downside Intraday Target | 8.94 |
| Downside Intraday Target | 8.8 |
| Upside Intraday Target | 9.3 |
| Upside Intraday Target | 9.52 |
| Upside Intraday Target | 9.16 |
Weekly technical analysis of Mesa Royalty (MTR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 9.08 | 9.30 | 9.38 | 9.02 | 0.246 times |
| 16 Fri Feb 2024 | 9.30 | 10.10 | 10.15 | 8.95 | 2.289 times |
| 09 Fri Feb 2024 | 10.12 | 10.67 | 10.88 | 10.01 | 0.775 times |
| 02 Fri Feb 2024 | 10.91 | 11.00 | 11.20 | 10.61 | 1.081 times |
| 26 Fri Jan 2024 | 10.88 | 11.31 | 11.90 | 10.80 | 0.838 times |
Price has moved down 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 Mesa Royalty (MTR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 9.08 | 10.80 | 10.99 | 8.95 | 0.536 times |
| 31 Wed Jan 2024 | 10.82 | 13.00 | 14.49 | 10.74 | 0.827 times |
| 29 Fri Dec 2023 | 13.20 | 18.25 | 18.69 | 11.36 | 1.537 times |
| 30 Thu Nov 2023 | 18.26 | 13.18 | 18.92 | 12.58 | 1.021 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 Mesa Royalty (MTR)
Price action analysis of Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) based on a short to mid 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mesa Royalty in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mesa Royalty 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 Mesa Royalty 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mesa Royalty is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.44 and Mesa Royalty (MTR) 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 Mesa Royalty (MTR) stock. Volume based technical analysis of Mesa Royalty (MTR) stock is negative.
Mesa Royalty 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.
Price action analysis of Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty ( (MTR) ) based on a short to mid 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 Mesa Royalty ( (MTR) ) 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 Mesa Royalty stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mesa Royalty in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mesa Royalty 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 Mesa Royalty 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mesa Royalty is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.44 and Mesa Royalty (MTR) 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 Mesa Royalty (MTR) stock. Volume based technical analysis of Mesa Royalty (MTR) stock is negative.
Mesa Royalty 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.