MTCH +3.2% Rebounds, Eyes $32.6 Resistance
$Match(MTCH)$
Match Group, Inc.(MTCH) Rallies +3.22%: Tech Rebound Lifts Dating Giant Toward $32.6 Resistance
Latest Close Data:
Closed at $32.08 (1/26/2026), up +3.22% (+$1.00). The stock is now 18.1% below its 52-week high of $39.20.
Core Market Drivers:
A broad-based rally in tech stocks provided a tailwind. As the parent company of Tinder and Hinge, MTCH benefits from positive sentiment in the digital services and consumer discretionary sectors.
Technical Analysis:
Volume was steady at 3.57M shares (VR: 0.98). The 6-day RSI jumped to 59.44, exiting oversold territory and indicating renewed momentum. The MACD histogram turned positive (-0.03), suggesting bearish momentum is weakening and a potential bullish crossover is forming.
Key Price Levels:
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Primary Support: $31.60 (previous consolidation level).
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Strong Resistance: $32.61 (recent swing high, key breakout level).
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Immediate Pivot: $32.08 (today's close).
Valuation Perspective:
TTM P/E of 14.94x and Forward P/E of 11.72x are significantly below the stock's historical average of ~17.01x, suggesting the stock may be undervalued relative to its own history.
Analyst Targets:
18 analysts have an average price target of $37.80 (+17.8% upside). Consensus rating leans positive with 1 Strong Buy, 6 Buy, and 14 Hold recommendations.
Weekly Outlook:
Expect consolidation between $31.60 and $32.60. A decisive break above $32.61 resistance could target the $34.00-$35.00 zone. Failure to hold $31.60 may lead to a retest of $31.00 support.
Risk Disclaimer:
This analysis is for informational purposes only and not financial advice. Investing involves risks, including the potential loss of principal. Past performance is not indicative of future results. Please conduct your own research or consult a financial advisor before making any investment decisions.
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
