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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.

Showing technical analysis as on 2024-05-13 View latest technical analysis

10 day averaged volume of Matador Resources is 1146160

Date Daily Closing Price Open High Low Volume
13 Mon May 2024 62.87 64.48 64.48 62.79 0.894 times
10 Fri May 2024 63.97 65.43 65.71 63.41 0.658 times
09 Thu May 2024 65.00 64.39 65.27 64.15 0.73 times
08 Wed May 2024 64.24 63.47 64.35 63.03 0.819 times
07 Tue May 2024 64.10 64.06 65.27 64.03 1.056 times
06 Mon May 2024 64.08 63.88 64.67 63.88 0.823 times
03 Fri May 2024 63.28 62.55 63.40 61.98 1.224 times
02 Thu May 2024 62.11 61.68 62.57 60.90 1.149 times
01 Wed May 2024 61.08 62.36 62.59 60.38 1.11 times
30 Tue Apr 2024 62.30 65.78 65.86 62.24 1.391 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.9, but if it comes above 62.9, then a intra day buy could be more profitable.
If you take a sell trade below 62.9, then use 62.9 as stoploss and 61.2 as target. However if you take a buy trade in stock , then use 62.9 as stoploss and 64.37 as target.

Share price targets for Matador Resources (MTDR)

Target Type Value
Downside Target 51.92
Downside Target 58.97
Downside Target 60.38
Downside Target 62.24
Upside Target 64.48
Upside Target 65.71
Upside Target 66.35
Upside Target 67.51
Upside Target 68.99
Upside Target 69.40
Upside Target 71.08

Intraday share price targets for Matador Resources (MTDR)

Target Type Value
Downside Intraday Target 62.28
Downside Intraday Target 61.69
Upside Intraday Target 63.97
Upside Intraday Target 65.07
Upside Intraday Target 63.38

Weekly technical analysis of Matador Resources (MTDR)

Date Weekly Closing Price Open High Low Volume
13 Mon May 2024 62.87 64.48 64.48 62.79 0.219 times
10 Fri May 2024 63.97 63.88 65.71 63.03 0.691 times
03 Fri May 2024 63.28 65.35 66.35 60.38 0.841 times
26 Fri Apr 2024 65.61 64.63 67.51 63.62 0.942 times
19 Fri Apr 2024 64.61 68.40 68.99 64.22 1.201 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
13 Mon May 2024 62.87 62.36 65.71 60.38 0.271 times
30 Tue Apr 2024 62.30 67.24 71.08 62.24 1.218 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

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 Matador Resources (MTDR)

Price action analysis of Matador Resources ( (MTDR) ) 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 Matador Resources ( (MTDR) ) 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 Matador Resources ( (MTDR) ) 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 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 Weak and stock is gaining momentum.

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

Matador Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 Matador Resources 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 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 63.13 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 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 Matador Resources ( (MTDR) ) 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 Matador Resources ( (MTDR) ) 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 Matador Resources ( (MTDR) ) 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 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 Weak and stock is gaining momentum.

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

Matador Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 Matador Resources 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 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 63.13 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 negative.

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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