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(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 2024-10-21 View latest technical analysis

10 day averaged volume of Matrix Service is 116560

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	11.52	11.70	11.76	11.50	0.679 times
18 Fri Oct 2024	11.69	11.76	11.78	11.47	1.125 times
17 Thu Oct 2024	11.74	11.75	11.76	11.59	0.886 times
16 Wed Oct 2024	11.69	11.65	11.77	11.61	0.957 times
15 Tue Oct 2024	11.58	11.34	11.63	11.32	0.833 times
14 Mon Oct 2024	11.40	11.52	11.54	11.37	0.651 times
11 Fri Oct 2024	11.54	11.37	11.69	11.37	0.884 times
10 Thu Oct 2024	11.37	11.32	11.62	11.30	1.212 times
09 Wed Oct 2024	11.39	11.15	11.74	11.15	1.265 times
08 Tue Oct 2024	11.14	11.25	11.36	11.02	1.095 times

My analysis of stock is bullish for shortterm, and stock might move up till 11.7 or till 12. Use a stoploss of 11.48 and if this stock hits its stoploss, then it can fall down till 11.25

Share price targets for Matrix Service (MTRX)

Target Type	Value
Downside Target	8.61
Downside Target	9.14
Downside Target	9.55
Downside Target	10.25
Downside Target	10.75
Downside Target	11.02
Downside Target	11.32
Upside Target	11.74
Upside Target	11.76
Upside Target	11.78
Upside Target	12.15
Upside Target	12.33

Intraday share price targets for Matrix Service (MTRX)

Target Type	Value
Downside Intraday Target	11.43
Downside Intraday Target	11.33
Upside Intraday Target	11.69
Upside Intraday Target	11.85
Upside Intraday Target	11.59

Weekly technical analysis of Matrix Service (MTRX)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	11.52	11.70	11.76	11.50	0.152 times
18 Fri Oct 2024	11.69	11.52	11.78	11.32	0.803 times
11 Fri Oct 2024	11.54	11.49	11.74	11.02	0.769 times
04 Fri Oct 2024	11.57	11.50	12.15	11.36	0.521 times
27 Fri Sep 2024	11.55	11.42	11.68	10.75	0.938 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
21 Mon Oct 2024	11.52	11.63	12.15	11.02	0.303 times
30 Mon Sep 2024	11.53	9.84	11.69	9.14	2.31 times
30 Fri Aug 2024	9.96	10.15	10.25	8.65	0.543 times
31 Wed Jul 2024	10.12	9.95	11.08	8.61	0.567 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 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 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 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 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 Matrix Service stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Matrix Service in short term but the sell signal is initial and weak.

Matrix Service Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Matrix Service in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 11.5 and Matrix Service (MTRX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.