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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Matador Resources Company (NYSE:MTDR)

Sidelines Mode (+55) - MTDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
66.36 66.71 64.79 64.82 -0.83
Entry Signal

MarketClub’s Trade Triangles for MTDR

long term up The long-term trend has been UP since Mar 1st, 2024 at 63.50

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2024 at 56.83

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 68.04

Smart Scan Analysis for MTDR

Based on our trend formula, MTDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MTDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.36 66.71 64.79 64.82 -0.83
Prev. Close Volume Bid Ask Time
65.65 638006 2024-04-18 13:57:32
Year High35.22Year High Date2018-05-09
Year Low21.43Year Low Date2018-11-28
52wk High71.0852wk High Date2024-04-12
52wk Low42.0452wk Low Date2023-05-04
Year End Close8.2Average Volume1,723,937
Shares Outstanding119,520Short Interest503,824
% Institutional50.8Market Cap1,933M
Assets772,699,600MLiabilities381,613,400M
P/E Ratio9.3121Volatility55.22
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