MTDR NEWS why is Matador Resources Company price falling or rising

MTDR NEWS reasons for why stock price of Matador Resources Company is falling or rising

MTDR Matador Resources is falling or rising technical reasons

Technical analysis forecast of Matador Resources Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Matador Resources MTDR at this time. Stock is rising and might rise more.

It appears as if Matador Resources MTDR gave a large move recently.

Stock of Matador Resources (MTDR) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Matador Resources is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Matador Resources stays above 59, but if it comes below 59, then a intra day sell could be more profitable.
If you take a sell trade below 59, then use 59 as stoploss and 55.96 as target. However if you take a buy trade in Matador Resources, then use 59 as stoploss and 62.7 as target.

MTDR Matador Resources is falling or rising NEWS fundamental reasons

MTDR Added as Top 10 Energy Dividend Stock With 1.74% Yield Matador Resources Co (Symbol: MTDR) has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, MTDR shares displayed both attra - NEWS as on 2024-11-07 nasdaq.com

More announcements and NEWS

MTDR Matador Resources Company current price & indicator signals

Moving Averages for Matador Resources Company

  • 5Day Average: 58.46
  • 12Day Average: 57.36
  • 20Day Average: 55.1
  • 50Day Average: 53.05
  • 100Day Average: 55.24
  • 150Day Average: 57.1
  • 200Day Average: 59.14

MTDR Indicators & signals

Indicator MACD (12,26,9)

57.11, 55.38, 1.35
Indicator MACD is in positive zone

Indicator ADX (14)

27.03, 26.86, 15.43
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MTDR Matador Resources Company are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Wed Nov 2024 59.18 57.86 to 59.28 2.44% 0.7 times
19 Tue Nov 2024 57.77 57.63 to 58.87 -1.79% 0.81 times
18 Mon Nov 2024 58.82 57.94 to 59.12 2.24% 0.67 times
15 Fri Nov 2024 57.53 57.02 to 59.21 -2.47% 1.01 times
14 Thu Nov 2024 58.99 57.78 to 59.12 1.72% 1.2 times
13 Wed Nov 2024 57.99 56.38 to 58.60 1.31% 1.13 times
12 Tue Nov 2024 57.24 57.14 to 58.18 -0.07% 0.97 times
11 Mon Nov 2024 57.28 56.18 to 57.30 1.24% 0.97 times
08 Fri Nov 2024 56.58 55.48 to 56.63 0.07% 0.68 times
07 Thu Nov 2024 56.54 56.15 to 57.71 -1.45% 0.99 times
06 Wed Nov 2024 57.37 54.68 to 58.25 8.12% 1.57 times
05 Tue Nov 2024 53.06 52.34 to 53.41 0.47% 0.91 times

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MTDR NEWS why is Matador Resources Company price falling or rising

 

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