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Match Group Inc Inc. (MTCH) Price Performance: A Technical Analysis Perspective

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -9.45%. However, over the last six months, the performance has been weaker by 4.23%. The price of MTCH increased 8.15% over the last 30 days. And in the last five days, it has surged by 0.61%.

Match Group Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $42.42 on 01/09/24, and the lowest price during that time was $27.66, recorded on 05/08/24.

52-week price history of MTCH Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Match Group Inc’s current trading price is -22.10% away from its 52-week high, while its distance from the 52-week low is 19.51%. The stock’s price range for this period has been between $27.66 and $42.42. The Communication Services sector company’s shares saw a trading volume of about 4.8 million for the day, which was higher than the average daily volume of 4.26 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Match Group Inc (MTCH) has experienced a quarterly decline of -6.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.30B and boasts a workforce of 2620 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 35.35, with a change in price of -1.62. Similarly, Match Group Inc recorded 4,458,343 in trading volume during the last 100 days, posting a change of -4.67%.

MTCH Stock Stochastic Average

As of today, the raw stochastic average of Match Group Inc over the past 50 days is 34.33%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 63.08%. Additionally, the Stochastic %K and %D values for the company were 70.76% and 68.30%, respectively, over the past 20 days.

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