(MTH) Meritage Corporation complete technical analysis [charts+indicators] | Buy/Sell Meritage Corporation | (MTH) share price targets
Complete technical analysis of Meritage Corporation (MTH) by charts plus indicators, forecast predictions and share price targets for Meritage Corporation (MTH)
Meritage Corporation trades in USA in Capital Goods sector.
Showing technical analysis as on 2024-02-21 View latest technical analysis
10 day averaged volume of Meritage Corporation is 386260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 152.79 | 152.15 | 154.47 | 151.46 | 0.959 times |
| 20 Tue Feb 2024 | 150.63 | 148.18 | 151.06 | 147.77 | 0.958 times |
| 16 Fri Feb 2024 | 150.45 | 153.02 | 153.64 | 150.35 | 0.959 times |
| 15 Thu Feb 2024 | 156.53 | 156.51 | 157.63 | 154.84 | 0.62 times |
| 14 Wed Feb 2024 | 155.13 | 154.30 | 156.03 | 151.83 | 0.797 times |
| 13 Tue Feb 2024 | 151.82 | 152.59 | 155.52 | 150.63 | 1.278 times |
| 12 Mon Feb 2024 | 160.87 | 155.65 | 161.57 | 155.51 | 1.09 times |
| 09 Fri Feb 2024 | 154.42 | 154.23 | 155.92 | 152.93 | 0.826 times |
| 08 Thu Feb 2024 | 154.55 | 153.92 | 154.86 | 152.13 | 1.142 times |
| 07 Wed Feb 2024 | 153.43 | 153.95 | 155.91 | 152.29 | 0.957 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 151 as stoploss in an intra day buy trade for a target of 157.25. However, stock will show a bearish move below 151.
Share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Target | 109.23 |
| Downside Target | 123.13 |
| Downside Target | 141.06 |
| Downside Target | 146.29 |
| Upside Target | 154.47 |
| Upside Target | 161.57 |
| Upside Target | 162.16 |
| Upside Target | 165.83 |
| Upside Target | 170.50 |
| Upside Target | 178.82 |
| Upside Target | 179.69 |
Intraday share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Intraday Target | 148.88 |
| Downside Intraday Target | 144.98 |
| Upside Intraday Target | 155.58 |
| Upside Intraday Target | 158.38 |
| Downside Intraday Target | 151.68 |
Weekly technical analysis of Meritage Corporation (MTH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 152.79 | 148.18 | 154.47 | 147.77 | 0.404 times |
| 16 Fri Feb 2024 | 150.45 | 155.65 | 161.57 | 150.35 | 0.728 times |
| 09 Fri Feb 2024 | 154.42 | 148.22 | 155.92 | 148.10 | 0.941 times |
| 02 Fri Feb 2024 | 150.62 | 166.75 | 170.50 | 148.34 | 1.255 times |
| 26 Fri Jan 2024 | 165.43 | 173.90 | 179.69 | 162.16 | 2.747 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Meritage Corporation (MTH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 152.79 | 165.37 | 165.83 | 147.77 | 1.163 times |
| 31 Wed Jan 2024 | 165.61 | 171.27 | 179.69 | 162.16 | 0.688 times |
| 29 Fri Dec 2023 | 174.20 | 141.06 | 178.82 | 141.06 | 1.19 times |
| 30 Thu Nov 2023 | 141.30 | 109.75 | 146.29 | 109.23 | 1.039 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Meritage Corporation (MTH)
Price action analysis of Meritage Corporation ( (MTH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Meritage Corporation ( (MTH) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Meritage Corporation ( (MTH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Meritage Corporation ( (MTH) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Meritage Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Meritage Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Meritage Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Meritage Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Meritage Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 153.98 and Meritage Corporation (MTH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Meritage Corporation (MTH) stock. Volume based technical analysis of Meritage Corporation (MTH) stock is negative.
Meritage Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Meritage Corporation ( (MTH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Meritage Corporation ( (MTH) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Meritage Corporation ( (MTH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Meritage Corporation ( (MTH) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Meritage Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Meritage Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Meritage Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Meritage Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Meritage Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 153.98 and Meritage Corporation (MTH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Meritage Corporation (MTH) stock. Volume based technical analysis of Meritage Corporation (MTH) stock is negative.
Meritage Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.