(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 2024-06-11 View latest technical analysis
10 day averaged volume of Matrix Service is 222440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 10.94 | 11.05 | 11.13 | 10.90 | 0.726 times |
| 10 Mon Jun 2024 | 11.18 | 10.75 | 11.30 | 10.61 | 0.541 times |
| 07 Fri Jun 2024 | 10.84 | 11.19 | 11.39 | 10.80 | 0.99 times |
| 06 Thu Jun 2024 | 11.33 | 11.53 | 11.58 | 11.17 | 0.661 times |
| 05 Wed Jun 2024 | 11.56 | 11.56 | 11.71 | 11.32 | 0.839 times |
| 04 Tue Jun 2024 | 11.46 | 11.78 | 11.78 | 11.18 | 1.402 times |
| 03 Mon Jun 2024 | 11.92 | 12.25 | 12.33 | 11.76 | 1.28 times |
| 31 Fri May 2024 | 12.08 | 12.00 | 12.14 | 11.76 | 0.687 times |
| 30 Thu May 2024 | 11.92 | 11.41 | 11.98 | 11.41 | 0.781 times |
| 29 Wed May 2024 | 11.38 | 11.09 | 11.46 | 11.00 | 1.573 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11, but if it comes above 11, then a intra day buy could be more profitable.
If you take a sell trade below 11, then use 11 as stoploss and 10.6 as target. However if you take a buy trade in stock , then use 11 as stoploss and 11.32 as target.
Share price targets for Matrix Service (MTRX)
| Target Type | Value |
| Downside Target | 8.81 |
| Downside Target | 9.75 |
| Downside Target | 10.61 |
| Upside Target | 11.63 |
| Upside Target | 11.68 |
| 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 | 10.6 |
| Downside Intraday Target | 10.26 |
| Upside Intraday Target | 11.29 |
| Upside Intraday Target | 11.64 |
| Upside Intraday Target | 10.95 |
Weekly technical analysis of Matrix Service (MTRX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 10.94 | 10.75 | 11.30 | 10.61 | 0.245 times |
| 07 Fri Jun 2024 | 10.84 | 12.25 | 12.33 | 10.80 | 1.207 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 |
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 |
| 11 Tue Jun 2024 | 10.94 | 12.25 | 12.33 | 10.61 | 0.265 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Matrix Service in short term and the sell signal is strong.
Matrix Service 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 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 negative zone. This is the SELL 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 11.47 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 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 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Matrix Service in short term and the sell signal is strong.
Matrix Service 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 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 negative zone. This is the SELL 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 11.47 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 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.