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.
MarketClub’s Trade Triangles for MTDR
The long-term trend has been DOWN since Feb 22nd, 2023 at 51.7447
The intermediate-term trend has been DOWN since Feb 17th, 2023 at 60.0500
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).
|Year High||35.22||Year High Date||2018-05-09|
|Year Low||21.43||Year Low Date||2018-11-28|
|52wk High||73.78||52wk High Date||2022-11-07|
|52wk Low||41.17||52wk Low Date||2022-07-14|
|Year End Close||8.2||Average Volume||1,688,000|
|Shares Outstanding||119,072||Short Interest||503,824|
|% Institutional||50.8||Market Cap||1,933M|