Average Volume: 269,097
Volume % Change: 200% >>5 Stock Charts You Need to See From a technical perspective, MATX ripped higher here right of its 50-day moving average of $24.89 with above-average volume. This move also pushed shares of MATX into breakout territory, since the stock took out some near-term overhead resistance at $25.61. Shares of MATX are now starting to move within range of triggering another major breakout trade. That trade will hit if MATX manages to clear some past overhead resistance levels at $26.65 to $27.69 with high volume. Traders should now look for long-biased trades in MATX as long as it's trending above its 50-day at $24.89 or above its 200-day at $24.07, and then once it sustains a move or close above those breakout levels with volume that's near or above 269,097 shares. If that breakout triggers soon, then MATX will set up to re-test or possibly take out its all-time high at $30.30.