(MTRX) Matrix Service complete technical analysis [charts+indicators] | Buy/Sell Matrix Service | (MTRX) share price targets
Complete technical analysis of Matrix Service (MTRX) by charts plus indicators, forecast predictions and share price targets for Matrix Service (MTRX)
Matrix Service trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-02-21 View latest technical analysis
10 day averaged volume of Matrix Service is 368510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 11.63 | 11.95 | 12.11 | 11.52 | 0.499 times |
| 20 Tue Feb 2024 | 12.02 | 12.35 | 12.45 | 11.91 | 0.444 times |
| 16 Fri Feb 2024 | 12.51 | 12.63 | 12.68 | 12.30 | 0.58 times |
| 15 Thu Feb 2024 | 12.65 | 12.00 | 12.72 | 11.91 | 0.67 times |
| 14 Wed Feb 2024 | 11.92 | 12.18 | 12.33 | 11.91 | 0.51 times |
| 13 Tue Feb 2024 | 12.07 | 12.00 | 12.46 | 11.74 | 0.837 times |
| 12 Mon Feb 2024 | 12.31 | 12.49 | 12.82 | 12.19 | 1.145 times |
| 09 Fri Feb 2024 | 12.34 | 11.46 | 13.04 | 11.46 | 2.111 times |
| 08 Thu Feb 2024 | 11.34 | 9.75 | 11.68 | 9.75 | 2.352 times |
| 07 Wed Feb 2024 | 9.21 | 9.38 | 9.76 | 9.18 | 0.966 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 12 as stoploss in an intra day sell trade for a target of 10.6. However, stock will show a bullish move above 12.
Share price targets for Matrix Service (MTRX)
| Target Type | Value |
| Downside Target | 8.81 |
| Downside Target | 9.40 |
| Downside Target | 9.68 |
| Downside Target | 10.22 |
| Downside Target | 10.70 |
| Downside Target | 11.52 |
| Upside Target | 11.74 |
| Upside Target | 12.13 |
| Upside Target | 12.45 |
| Upside Target | 12.82 |
| Upside Target | 12.99 |
| Upside Target | 13.04 |
Intraday share price targets for Matrix Service (MTRX)
| Target Type | Value |
| Downside Intraday Target | 11.28 |
| Downside Intraday Target | 10.94 |
| Upside Intraday Target | 12.21 |
| Upside Intraday Target | 12.8 |
| Upside Intraday Target | 11.87 |
Weekly technical analysis of Matrix Service (MTRX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 11.63 | 12.35 | 12.45 | 11.52 | 0.252 times |
| 16 Fri Feb 2024 | 12.51 | 12.49 | 12.82 | 11.74 | 0.577 times |
| 09 Fri Feb 2024 | 12.34 | 8.92 | 13.04 | 8.81 | 3.296 times |
| 02 Fri Feb 2024 | 9.03 | 9.53 | 9.69 | 8.92 | 1.043 times |
| 26 Fri Jan 2024 | 9.59 | 9.40 | 9.84 | 9.40 | 1.257 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 Matrix Service (MTRX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 11.63 | 9.42 | 13.04 | 8.81 | 1.383 times |
| 31 Wed Jan 2024 | 9.28 | 9.64 | 10.22 | 9.00 | 0.934 times |
| 29 Fri Dec 2023 | 9.78 | 9.95 | 10.70 | 9.14 | 0.633 times |
| 30 Thu Nov 2023 | 9.96 | 11.65 | 12.13 | 9.68 | 1.003 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 Matrix Service (MTRX)
Price action analysis of Matrix Service ( (MTRX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Matrix Service ( (MTRX) ) 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 Matrix Service ( (MTRX) ) 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 Matrix Service ( (MTRX) ) 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 Matrix Service stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Matrix Service in short term and the buy signal is strong.
Matrix Service 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Matrix Service in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Matrix Service is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.74 and Matrix Service (MTRX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Matrix Service (MTRX) stock. Volume based technical analysis of Matrix Service (MTRX) stock is negative.
Matrix Service 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.
Price action analysis of Matrix Service ( (MTRX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Matrix Service ( (MTRX) ) 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 Matrix Service ( (MTRX) ) 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 Matrix Service ( (MTRX) ) 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 Matrix Service stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Matrix Service in short term and the buy signal is strong.
Matrix Service 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Matrix Service in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Matrix Service is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.74 and Matrix Service (MTRX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Matrix Service (MTRX) stock. Volume based technical analysis of Matrix Service (MTRX) stock is negative.
Matrix Service 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.