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Stock Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Matador Resources Company (NYSE:MTDR)

Countertrend Down (-85) - MTDR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

Open High Low MTDR Price Change
48.1100 48.1600 47.0175 47.2300 -0.3700
Entry Signal

MarketClub’s Trade Triangles for MTDR

long term down The long-term trend has been DOWN since Feb 22nd, 2023 at 51.7447

intermediate term down The intermediate-term trend has been DOWN since Feb 17th, 2023 at 60.0500

short term up The short-term trend has been UP since Mar 28th, 2023 at 47.1200

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).

Smart Scan Analysis for MTDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.1100 48.1600 47.0175 47.2300 -0.3700
Prev. Close Volume Bid Ask Time
47.6000 403138 2023-03-30 12:27:13
Year High35.22Year High Date2018-05-09
Year Low21.43Year Low Date2018-11-28
52wk High73.7852wk High Date2022-11-07
52wk Low41.1752wk Low Date2022-07-14
Year End Close8.2Average Volume1,688,000
Shares Outstanding119,072Short Interest503,824
% Institutional50.8Market Cap1,933M
P/E Ratio4.7082Volatility55.22
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