Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Matador Resources Company (NYSE:MTDR)

Countertrend Up (+85) - MTDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid MTDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MTDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MTDR
Open High Low MTDR Price Change
66.1000 66.9600 65.5125 66.7800 +1.3800
Entry Signal

MarketClub’s Trade Triangles for MTDR

long term up The long-term trend has been UP since Mar 1st, 2024 at 63.5000

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2024 at 56.8300

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 67.5103

Smart Scan Analysis for MTDR

Based on our trend formula, MTDR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MTDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.1000 66.9600 65.5125 66.7800 +1.3800
Prev. Close Volume Bid Ask Time
66.7700 2256037 2024-03-28 15:59:58
Year High35.22Year High Date2018-05-09
Year Low21.43Year Low Date2018-11-28
52wk High69.452wk High Date2024-03-25
52wk Low42.0452wk Low Date2023-05-04
Year End Close8.2Average Volume1,397,222
Shares Outstanding119,520Short Interest503,824
% Institutional50.8Market Cap1,933M
Assets772,699,600MLiabilities381,613,400M
P/E Ratio9.2766Volatility55.22
Get a free daily analysis and signals for Matador Resources Company (MTDR) - Request Your Free Report.