MATADOR RESOURCES CO (MTDR) Stock Technical Analysis
USA - NYSE:MTDR - US5764852050 - Common Stock
43.39 USD
+0.38 (+0.88%)
43.36 USD
-0.03 (-0.07%)
We assign a technical rating of 0 out of 10 to MTDR. MTDR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than MTDR.
MTDR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 72% of 211 stocks in the same industry do better.
MTDR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MTDR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
MTDR has an average volume of 1589330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, MTDR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 43.01, a Stop Loss order could be placed below this zone.
More info and screens
41.72
64.70
We found 1 important support area.
- A support zone ranging from 42.14 to 43.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 48.45 to 49.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @51.64 from a horizontal line in the daily time frame.
- Resistance @52.97 from a horizontal line in the daily time frame.
- Resistance @57.72 from a trend line in the weekly time frame.
- Resistance @64.06 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for MTDR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTDR is down. |
| ChartMill Relative Strength | 15.47 | NEGATIVE | MTDR has a low relative strength, it was outperformed by 84.53% 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) | DOWN | NEGATIVE | The current price of MTDR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTDR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.67 | NEUTRAL | The RSI value for MTDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MTDR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.65 | NEUTRAL | The Stochastics value for MTDR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for MTDR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.96 | NEGATIVE | The low ADX value for MTDR suggests a weak or negative trend. |
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)
43.39
+0.38 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.88%
1 Week-0.23%
2 Weeks-3.21%
1 Month-5.39%
3 Month-14.57%
6 Month5.65%
12 Month-16.28%
2 Year-29.66%
3 Year-34.7%
5 Year513.72%
10 Year68.77%
15 YearN/A
Volatility
ATR(14)1.52
ATR(20)%3.98%
ATR Inc-40.04%
Range Today1.11
ADR(20)1.61
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.47
Mansfield-2.23
10 Day High46.24
10 Day Low42.07
20 Day High49.85
20 Day Low42.07
52 Week High64.05
52 Week Low35.19
CS1 End43.01
CR1 Start48.45
Volume & EV
DER(3)2.44%
DER(5)1.31%
Volume1.76M
Volume Incr-6.65%
Vol(5)1.72M
Vol(50)1.59M