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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 1691000

Date Daily Closing Price Open High Low Volume
17 Wed Apr 2024 65.65 66.72 67.19 65.21 0.934 times
16 Tue Apr 2024 66.96 66.90 67.72 65.56 1.527 times
15 Mon Apr 2024 67.60 68.40 68.99 67.55 0.718 times
12 Fri Apr 2024 68.53 70.32 71.08 68.11 0.883 times
11 Thu Apr 2024 69.56 70.55 70.55 68.95 0.765 times
10 Wed Apr 2024 70.15 68.46 70.35 68.04 1.075 times
09 Tue Apr 2024 68.73 69.44 69.75 68.38 0.744 times
08 Mon Apr 2024 68.94 69.98 70.21 68.92 0.749 times
05 Fri Apr 2024 69.97 69.27 70.53 68.72 1.015 times
04 Thu Apr 2024 69.18 68.87 69.66 68.68 1.385 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 66.5, but if it comes above 66.5, then a intra day buy could be more profitable.
If you take a sell trade below 66.5, then use 66.5 as stoploss and 64.8 as target. However if you take a buy trade in stock , then use 66.5 as stoploss and 67.91 as target.

Share price targets for Matador Resources (MTDR)

Target Type Value
Downside Target 51.72
Downside Target 58.97
Downside Target 62.24
Downside Target 63.50
Upside Target 68.04
Upside Target 68.99
Upside Target 69.00
Upside Target 69.40
Upside Target 70.53
Upside Target 71.08

Intraday share price targets for Matador Resources (MTDR)

Target Type Value
Downside Intraday Target 64.24
Downside Intraday Target 62.84
Upside Intraday Target 68.02
Upside Intraday Target 70.4
Upside Intraday Target 66.62

Weekly technical analysis of Matador Resources (MTDR)

Date Weekly Closing Price Open High Low Volume
17 Wed Apr 2024 65.65 68.40 68.99 65.21 0.754 times
12 Fri Apr 2024 68.53 69.98 71.08 68.04 0.772 times
05 Fri Apr 2024 69.97 67.24 70.53 66.10 0.912 times
28 Thu Mar 2024 66.77 68.29 69.40 64.50 1.894 times
22 Fri Mar 2024 67.86 66.91 69.00 65.79 0.776 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 Matador Resources (MTDR)

Date Monthly Closing Price Open High Low Volume
17 Wed Apr 2024 65.65 67.24 71.08 65.21 0.74 times
28 Thu Mar 2024 66.77 64.00 69.40 62.24 1.01 times
29 Thu Feb 2024 63.15 55.32 63.50 51.92 1.274 times
31 Wed Jan 2024 54.89 57.52 58.97 52.31 0.86 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 Matador Resources (MTDR)

Price action analysis of Matador Resources ( (MTDR) ) 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 Matador Resources ( (MTDR) ) 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 Matador Resources ( (MTDR) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Matador Resources in short term but the sell signal is initial and weak.

Matador Resources 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Matador Resources in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Matador Resources is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 68.49 and Matador Resources (MTDR) 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 Matador Resources (MTDR) stock. Volume based technical analysis of Matador Resources (MTDR) stock is negative.

Matador Resources 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 Matador Resources ( (MTDR) ) 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 Matador Resources ( (MTDR) ) 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 Matador Resources ( (MTDR) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Matador Resources in short term but the sell signal is initial and weak.

Matador Resources 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Matador Resources in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Matador Resources is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 68.49 and Matador Resources (MTDR) 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 Matador Resources (MTDR) stock. Volume based technical analysis of Matador Resources (MTDR) stock is negative.

Matador Resources 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.

Daily charts

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Daily chart
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