(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 2024-08-08 View latest technical analysis
10 day averaged volume of Matrix Service is 149244
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 9.33 | 8.99 | 9.36 | 8.88 | 0.643 times |
| 07 Wed Aug 2024 | 8.87 | 9.00 | 9.17 | 8.82 | 0.836 times |
| 06 Tue Aug 2024 | 8.90 | 8.96 | 9.21 | 8.79 | 0.633 times |
| 05 Mon Aug 2024 | 8.92 | 9.11 | 9.11 | 8.65 | 1.735 times |
| 02 Fri Aug 2024 | 9.35 | 9.67 | 9.75 | 9.26 | 0.914 times |
| 01 Thu Aug 2024 | 10.03 | 10.15 | 10.21 | 9.75 | 1.926 times |
| 31 Wed Jul 2024 | 10.12 | 10.11 | 10.36 | 9.96 | 0.768 times |
| 30 Tue Jul 2024 | 10.06 | 10.18 | 10.31 | 10.02 | 0.824 times |
| 29 Mon Jul 2024 | 10.10 | 10.41 | 10.44 | 10.02 | 0.769 times |
| 26 Fri Jul 2024 | 10.44 | 10.55 | 10.64 | 10.40 | 0.655 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 9.3 as stoploss in an intra day buy trade for a target of 9.92. However, stock will show a bearish move below 9.3.
Share price targets for Matrix Service (MTRX)
| Target Type | Value |
| Downside Target | 8.61 |
| Downside Target | 9.26 |
| Upside Target | 9.75 |
| Upside Target | 10.16 |
| Upside Target | 10.31 |
| Upside Target | 10.44 |
| Upside Target | 11.08 |
| Upside Target | 11.13 |
| Upside Target | 12.24 |
| Upside Target | 12.33 |
| Upside Target | 13.43 |
Intraday share price targets for Matrix Service (MTRX)
| Target Type | Value |
| Downside Intraday Target | 8.87 |
| Downside Intraday Target | 8.4 |
| Upside Intraday Target | 9.58 |
| Upside Intraday Target | 9.82 |
| Downside Intraday Target | 9.11 |
Weekly technical analysis of Matrix Service (MTRX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 9.33 | 9.11 | 9.36 | 8.65 | 0.74 times |
| 02 Fri Aug 2024 | 9.35 | 10.41 | 10.44 | 9.26 | 0.801 times |
| 26 Fri Jul 2024 | 10.44 | 10.31 | 11.08 | 10.16 | 1.025 times |
| 19 Fri Jul 2024 | 10.26 | 9.55 | 10.31 | 9.49 | 0.899 times |
| 12 Fri Jul 2024 | 9.47 | 8.78 | 9.51 | 8.61 | 1.713 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 |
| 08 Thu Aug 2024 | 9.33 | 10.15 | 10.21 | 8.65 | 0.207 times |
| 31 Wed Jul 2024 | 10.12 | 9.95 | 11.08 | 8.61 | 0.567 times |
| 28 Fri Jun 2024 | 9.93 | 12.25 | 12.33 | 9.55 | 1.573 times |
| 31 Fri May 2024 | 12.08 | 11.30 | 12.24 | 9.75 | 1.691 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 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 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 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 9.59 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 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 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 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 9.59 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.