(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 2024-06-06 View latest technical analysis
10 day averaged volume of Matrix Service is 217600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 11.33 | 11.53 | 11.58 | 11.17 | 0.676 times |
| 05 Wed Jun 2024 | 11.56 | 11.56 | 11.71 | 11.32 | 0.858 times |
| 04 Tue Jun 2024 | 11.46 | 11.78 | 11.78 | 11.18 | 1.433 times |
| 03 Mon Jun 2024 | 11.92 | 12.25 | 12.33 | 11.76 | 1.309 times |
| 31 Fri May 2024 | 12.08 | 12.00 | 12.14 | 11.76 | 0.702 times |
| 30 Thu May 2024 | 11.92 | 11.41 | 11.98 | 11.41 | 0.799 times |
| 29 Wed May 2024 | 11.38 | 11.09 | 11.46 | 11.00 | 1.608 times |
| 28 Tue May 2024 | 10.95 | 11.35 | 11.35 | 10.86 | 1.273 times |
| 23 Thu May 2024 | 11.10 | 11.37 | 11.44 | 10.96 | 0.729 times |
| 22 Wed May 2024 | 11.34 | 11.27 | 11.43 | 11.15 | 0.498 times |
My analysis of stock is bearish for shortterm, and stock might move down till 11 or till 10.5. Use a stoploss of 11.34 and if the stock hits stoploss, then it can shoot up till 11.72
Share price targets for Matrix Service (MTRX)
| Target Type | Value |
| Downside Target | 8.81 |
| Downside Target | 9.75 |
| Downside Target | 10.65 |
| Upside Target | 11.63 |
| Upside Target | 12.14 |
| Upside Target | 12.24 |
| Upside Target | 12.33 |
| Upside Target | 13.04 |
| Upside Target | 13.43 |
| Upside Target | 13.90 |
Intraday share price targets for Matrix Service (MTRX)
| Target Type | Value |
| Downside Intraday Target | 10.89 |
| Downside Intraday Target | 10.45 |
| Upside Intraday Target | 12.05 |
| Upside Intraday Target | 12.77 |
| Upside Intraday Target | 11.61 |
Weekly technical analysis of Matrix Service (MTRX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 11.33 | 12.25 | 12.33 | 11.17 | 0.976 times |
| 31 Fri May 2024 | 12.08 | 11.35 | 12.14 | 10.86 | 1.402 times |
| 23 Thu May 2024 | 11.10 | 11.24 | 11.63 | 10.96 | 0.433 times |
| 17 Fri May 2024 | 11.21 | 11.01 | 11.68 | 10.65 | 0.851 times |
| 10 Fri May 2024 | 10.91 | 11.86 | 12.24 | 9.75 | 3.192 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 |
| 06 Thu Jun 2024 | 11.33 | 12.25 | 12.33 | 11.17 | 0.172 times |
| 31 Fri May 2024 | 12.08 | 11.30 | 12.24 | 9.75 | 1.691 times |
| 30 Tue Apr 2024 | 11.26 | 13.03 | 13.43 | 11.13 | 0.587 times |
| 28 Thu Mar 2024 | 13.03 | 11.88 | 13.90 | 11.66 | 1.031 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 Matrix Service (MTRX)
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 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 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 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 Matrix Service stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Matrix Service in short term but the buy signal is initial and weak.
Matrix Service 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. 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 Matrix Service 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 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 11.49 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 is giving positive 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 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 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 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 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 Matrix Service stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Matrix Service in short term but the buy signal is initial and weak.
Matrix Service 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. 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 Matrix Service 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 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 11.49 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 is giving positive 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.