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Matador Resource Has Returned 89.9% Since SmarTrend Recommendation (MTDR)

Jan 13, 2021 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Matador Resource (NYSE:MTDR) on November 16th, 2020 at $8.68. In approximately 2 months, Matador Resource has returned 89.86% as of today's recent price of $16.48.

In the past 52 weeks, Matador Resource share prices have been bracketed by a low of $1.11 and a high of $19.83 and are now at $16.43, 1,380% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 4.5% while the 200-day MA has risen 2.3%.

Matador Resources Company operates as an independent energy company engaged in the exploration, development, production, and acquisition of oil and natural gas resources. The Company offers its services primarily in the Eagle Ford Shale in south Texas and the Haynesville Shale as well as Cotton Valley in northwest Louisiana and east Texas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Matador Resource shares.Log in and add Matador Resource (MTDR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at


SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit

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