(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 2024-06-20 View latest technical analysis
10 day averaged volume of Matrix Service is 169250
Date | Daily Closing Price | Open | High | Low | Volume |
20 Thu Jun 2024 | 10.49 | 10.18 | 10.80 | 10.13 | 1.227 times |
18 Tue Jun 2024 | 10.15 | 10.36 | 10.42 | 10.11 | 1.307 times |
18 Tue Jun 2024 | 10.15 | 10.36 | 10.42 | 10.11 | 1.307 times |
17 Mon Jun 2024 | 10.39 | 10.47 | 10.48 | 10.30 | 0.673 times |
14 Fri Jun 2024 | 10.43 | 10.54 | 10.72 | 10.34 | 0.941 times |
13 Thu Jun 2024 | 10.64 | 10.86 | 11.03 | 10.52 | 0.958 times |
12 Wed Jun 2024 | 10.91 | 11.13 | 11.45 | 10.91 | 0.979 times |
11 Tue Jun 2024 | 10.94 | 11.05 | 11.13 | 10.90 | 0.954 times |
10 Mon Jun 2024 | 11.18 | 10.75 | 11.30 | 10.61 | 0.711 times |
07 Fri Jun 2024 | 10.84 | 11.19 | 11.39 | 10.80 | 1.301 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.5, but if it comes above 10.5, then a intra day buy could be more profitable.
If you take a sell trade below 10.5, then use 10.5 as stoploss and 9.8 as target. However if you take a buy trade in stock , then use 10.5 as stoploss and 11.06 as target.
Share price targets for Matrix Service (MTRX)
Target Type | Value |
Downside Target | 8.81 |
Downside Target | 9.75 |
Downside Target | 10.11 |
Downside Target | 10.34 |
Upside Target | 10.80 |
Upside Target | 11.13 |
Upside Target | 11.45 |
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 | 10.13 |
Downside Intraday Target | 9.78 |
Upside Intraday Target | 10.82 |
Upside Intraday Target | 11.16 |
Downside Intraday Target | 10.47 |
Weekly technical analysis of Matrix Service (MTRX)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Thu Jun 2024 | 10.49 | 10.36 | 10.80 | 10.11 | 1.28 times |
18 Tue Jun 2024 | 10.15 | 10.47 | 10.48 | 10.11 | 0.436 times |
14 Fri Jun 2024 | 10.43 | 10.75 | 11.45 | 10.34 | 0.668 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 |
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 |
20 Thu Jun 2024 | 10.49 | 12.25 | 12.33 | 10.11 | 0.496 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing momentum.
MACD generated a SELL signal for Matrix Service in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are below the red cloud Prices appear to be moving up
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Matrix Service is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.58 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing momentum.
MACD generated a SELL signal for Matrix Service in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are below the red cloud Prices appear to be moving up
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Matrix Service is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.58 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.