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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Matador Resources Company (NYSE:MTDR)

Bear Market Rally (-75) - MTDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MTDR as it may be in the beginning of a reversal.

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
53.330 54.357 53.090 54.180 +1.390
Entry Signal

MarketClub’s Trade Triangles for MTDR

long term down The long-term trend has been DOWN since Dec 7th, 2023 at 53.14

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2023 at 58.52

short term up The short-term trend has been UP since Nov 30th, 2023 at 58.85

Smart Scan Analysis for MTDR

Based on our trend formula, MTDR is rated as a -75 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
53.330 54.357 53.090 54.180 +1.390
Prev. Close Volume Bid Ask Time
54.120 1283388 2023-12-08 15:59:08
Year High35.22Year High Date2018-05-09
Year Low21.43Year Low Date2018-11-28
52wk High69.4152wk High Date2023-01-27
52wk Low42.0452wk Low Date2023-05-04
Year End Close8.2Average Volume1,128,428
Shares Outstanding119,135Short Interest503,824
% Institutional50.8Market Cap1,933M
P/E Ratio6.2845Volatility55.22
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