MATADOR RESOURCES CO (MTDR) Technical Analysis
NYSE:MTDR • US5764852050
Current stock price
58.9 USD
+1.83 (+3.21%)
At close:
58.9 USD
0 (0%)
After Hours:
MTDR Technical Rating and Analysis
Overall MTDR gets a technical rating of 8 out of 10. In the last year, MTDR was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month MTDR has a been trading in the 56.34 - 66.84 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, MTDR did better than 84% of all other stocks.
- MTDR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MTDR is lagging the market slightly.
- MTDR has an average volume of 1981140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MTDR is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 62% of 209 stocks in the same industry.
MTDR Weekly and Daily overview Charts
MTDR Setup Rating and Analysis
Although MTDR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
MTDR Support and Resistance Analysis
38.00
66.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 57.06 to 57.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.27 from a trend line in the daily time frame.
- Support @38.38 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @64.06 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 65.46 to 65.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
MTDR 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MTDR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTDR is neutral. |
| ChartMill Relative Strength | 84.92 | POSITIVE | MTDR has a high relative strength, it outperformed 84.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTDR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTDR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTDR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.6 | NEUTRAL | The RSI value for MTDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.04 | NEGATIVE | The MACD value suggests MTDR has a negative trend. |
| Stochastics (14,3) | 16.03 | OVERSOLD | The low Stochastics value suggests MTDR may be oversold. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for MTDR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.56 | NEUTRAL | The ADX value for MTDR suggests a possible start of a new trend. |
MTDR 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)
MTDR Technicals: Chart, Performance Metrics, Trend & Indicators
58.9
+1.83 (+3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.21%
1 Week-5.42%
2 Weeks-9.67%
1 Month-0.95%
3 Month33.25%
6 Month32.69%
12 Month37.62%
2 Year-8.39%
3 Year16.4%
5 Year116.91%
10 Year164.83%
15 YearN/A
Volatility
ATR(14)2.89
ATR(20)%4.62%
ATR Inc-8.64%
Range Today1.35
ADR(20)2.23
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.92
3 months CRS95.47
6 months CRS90.08
Mansfield1.14
10 Day High65.13
10 Day Low56.34
20 Day High66.84
20 Day Low56.34
52 Week High66.84
52 Week Low37.14
CS1 End57.06
CR1 Start64.06
Volume & EV
DER(3)-1.29%
DER(5)-0.4%
Volume1.01M
Volume Incr-27.32%
Vol(5)1.42M
Vol(50)1.98M
MATADOR RESOURCES CO / MTDR TA FAQ
Can you provide the ChartMill technical rating for MATADOR RESOURCES CO?
ChartMill assigns a technical rating of 8 / 10 to MTDR.
What is the trend direction for MTDR stock?
The current trend direction for MATADOR RESOURCES CO (MTDR) is Bullish.
What is the RSI signal for MTDR stock?
MATADOR RESOURCES CO (MTDR) has an RSI value of 44.6033. This indicates that the stock is currently neutral.
What is the MACD signal for MATADOR RESOURCES CO (MTDR) stock?
The MACD indicator for MATADOR RESOURCES CO (MTDR) has a value of -1.04274, indicating a bearish trend.
What is the short term momentum for MATADOR RESOURCES CO (MTDR) stock?
The short term momentum for MATADOR RESOURCES CO (MTDR) is neutral.