(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 2024-02-28 View latest technical analysis
10 day averaged volume of Matrix Service is 186560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 11.67 | 11.72 | 11.93 | 11.57 | 0.95 times |
| 27 Tue Feb 2024 | 11.67 | 11.65 | 11.89 | 11.57 | 0.754 times |
| 26 Mon Feb 2024 | 11.61 | 11.50 | 11.69 | 11.38 | 1.031 times |
| 23 Fri Feb 2024 | 11.58 | 11.57 | 11.69 | 11.43 | 0.414 times |
| 22 Thu Feb 2024 | 11.61 | 11.64 | 11.83 | 11.20 | 0.808 times |
| 21 Wed Feb 2024 | 11.63 | 11.95 | 12.11 | 11.52 | 0.986 times |
| 20 Tue Feb 2024 | 12.02 | 12.35 | 12.45 | 11.91 | 0.877 times |
| 16 Fri Feb 2024 | 12.51 | 12.63 | 12.68 | 12.30 | 1.145 times |
| 15 Thu Feb 2024 | 12.65 | 12.00 | 12.72 | 11.91 | 1.324 times |
| 14 Wed Feb 2024 | 11.92 | 12.18 | 12.33 | 11.91 | 1.007 times |
My analysis of stock is bullish for shortterm, and stock might move up till 12.4 or till 14. Use a stoploss of 11.1 and if this stock hits its stoploss, then it can fall down till 9.79
Share price targets for Matrix Service (MTRX)
| Target Type | Value |
| Downside Target | 8.81 |
| Downside Target | 9.68 |
| Downside Target | 10.22 |
| Downside Target | 10.70 |
| Downside Target | 11.20 |
| Upside Target | 11.74 |
| Upside Target | 11.93 |
| 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 | 11.39 |
| Downside Intraday Target | 11.11 |
| Upside Intraday Target | 11.94 |
| Upside Intraday Target | 12.21 |
| Downside Intraday Target | 11.66 |
Weekly technical analysis of Matrix Service (MTRX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 11.67 | 11.50 | 11.93 | 11.38 | 0.886 times |
| 23 Fri Feb 2024 | 11.58 | 12.35 | 12.45 | 11.20 | 0.418 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 |
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 Matrix Service (MTRX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 11.67 | 9.42 | 13.04 | 8.81 | 1.618 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, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Matrix Service ( (MTRX) ) 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Matrix Service in short term but the sell signal is initial and weak.
Matrix Service Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Matrix Service in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Matrix Service is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.95 and Matrix Service (MTRX) 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 Matrix Service (MTRX) stock. Volume based technical analysis of Matrix Service (MTRX) stock is negative.
Matrix Service Stock has given negative 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Matrix Service ( (MTRX) ) 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Matrix Service in short term but the sell signal is initial and weak.
Matrix Service Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Matrix Service in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Matrix Service is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.95 and Matrix Service (MTRX) 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 Matrix Service (MTRX) stock. Volume based technical analysis of Matrix Service (MTRX) stock is negative.
Matrix Service Stock has given negative 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.