Logo image of MATA.CA

MATADOR TECHNOLOGIES INC (MATA.CA) Stock Technical Analysis

TSX-V:MATA - TSX Venture Exchange - CA5764871029 - Common Stock - Currency: CAD

1.24  +0.18 (+16.98%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to MATA. Although MATA is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, MATA is a bad performer in the overall market: 100% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month MATA has a been trading in the 0.77 - 2.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MATADOR TECHNOLOGIES INC / MATA Weekly stock chart
MATADOR TECHNOLOGIES INC / MATA Daily stock chart
Setup Rating and Analysis

4

MATA has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

0.75

1.29

We found 2 important support areas.

  • A support zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.76 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 1.25 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MATA.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MATA.CA is neutral.
ChartMill Relative Strength0NEGATIVEMATA.CA has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of MATA.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MATA.CA is above the rising SMA(50).
Relative Strength Index/RSI (14)54.72NEUTRALThe RSI value for MATA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.05NEGATIVEThe MACD value suggests MATA.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)26.34NEUTRALThe Stochastics value for MATA.CA is a neutral value.
Average True Range in percent/ATR (20)22.54HIGH VOLATILITYThe high ATR as a percentage value for MATA.CA suggests high volalility.
Average Directional Index/ADX (14)22.5NEUTRALThe ADX value for MATA.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
MATADOR TECHNOLOGIES INC / MATA Daily stock chart

MATADOR TECHNOLOGIES INC

TSX-V:MATA (6/24/2025, 7:00:00 PM)

1.24

+0.18 (+16.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg16.98%
1 Week1.64%
2 Weeks-6.06%
1 Month37.78%
3 Month275.76%
6 Month106.67%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%22.54%
ATR Inc-34.48%
Range Today0.17
ADR(20)0.27
ADR(20)%21.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.65
10 Day Low0.97
20 Day High2.02
20 Day Low0.77
52 Week HighN/A
52 Week LowN/A
CS1 End1.24
CR1 Start1.25
Volume & EV
DER(3)0%
DER(5)0%
Volume336.34K
Volume Incr-42.36%
Vol(5)249.07K
Vol(50)294.57K