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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 2024-11-12 View latest technical analysis

10 day averaged volume of Matrix Service is 161740

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	12.80	12.83	12.90	12.65	0.639 times
11 Mon Nov 2024	12.83	13.06	13.23	12.72	0.722 times
08 Fri Nov 2024	13.01	12.83	13.33	12.15	1.049 times
07 Thu Nov 2024	12.75	12.95	12.95	11.76	2.949 times
06 Wed Nov 2024	12.91	11.88	12.94	11.88	1.564 times
05 Tue Nov 2024	11.27	11.17	11.29	11.12	0.797 times
04 Mon Nov 2024	11.14	11.29	11.35	11.04	0.686 times
01 Fri Nov 2024	11.24	11.34	11.43	11.19	0.744 times
31 Thu Oct 2024	11.23	11.35	11.35	11.08	0.539 times
30 Wed Oct 2024	11.35	11.23	11.44	11.23	0.434 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.4, but if it comes below 12.4, then a intra day sell could be more profitable.
If you take a sell trade below 12.4, then use 12.4 as stoploss and 11.76 as target. However if you take a buy trade in stock , then use 12.4 as stoploss and 13.2 as target.

Share price targets for Matrix Service (MTRX)

Target Type	Value
Downside Target	8.61
Downside Target	9.14
Downside Target	10.25
Downside Target	11.02
Downside Target	11.32
Downside Target	11.76
Downside Target	11.78
Downside Target	12.15
Downside Target	12.65
Upside Target	13.23
Upside Target	13.33

Intraday share price targets for Matrix Service (MTRX)

Target Type	Value
Downside Intraday Target	12.56
Downside Intraday Target	12.31
Upside Intraday Target	13.14
Upside Intraday Target	13.47
Upside Intraday Target	12.89

Weekly technical analysis of Matrix Service (MTRX)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	12.80	13.06	13.23	12.65	0.193 times
08 Fri Nov 2024	13.01	11.29	13.33	11.04	2.681 times
01 Fri Nov 2024	11.24	11.51	11.53	11.08	1.112 times
25 Fri Oct 2024	11.44	11.70	11.76	11.04	0.737 times
18 Fri Oct 2024	11.69	11.52	11.78	11.32	0.803 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
12 Tue Nov 2024	12.80	11.34	13.33	11.04	0.606 times
31 Thu Oct 2024	11.23	11.63	12.15	11.02	0.403 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Matrix Service in short term and the buy 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 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 and the buying is gaining 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 12.33 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.