AlTorress

MTDR was a top gainer, rising +270.64%. Expect Uptrend reversal

Long
NYSE:MTDR   Matador Resources Company
Matador Resources (MTDR, $8.71) was one of top quarterly gainers, jumping +270.64% to $8.71 per share. Tickeron A.I.dvisor analyzed 95 stocks in the Oil & Gas Production Industry over the last three months, and discovered that 90 of them (95.24%) charted an Uptrend while 5 of them (4.76%) trended down. Tickeron A.I.dvisor found 227 similar cases when MTDR's price went up 15% within three months. In 139 out of those 227 cases, MTDR's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for MTDR are 61%.
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