(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 2024-06-14 View latest technical analysis
10 day averaged volume of Meritage Corporation is 544500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 162.74 | 163.63 | 164.38 | 161.90 | 0.737 times |
| 13 Thu Jun 2024 | 167.63 | 169.26 | 169.46 | 166.12 | 0.621 times |
| 12 Wed Jun 2024 | 170.09 | 172.86 | 177.02 | 169.42 | 0.912 times |
| 11 Tue Jun 2024 | 164.65 | 167.53 | 167.53 | 164.52 | 1.051 times |
| 10 Mon Jun 2024 | 168.70 | 166.93 | 168.98 | 165.23 | 0.738 times |
| 07 Fri Jun 2024 | 169.24 | 170.72 | 172.83 | 167.06 | 1.866 times |
| 06 Thu Jun 2024 | 174.84 | 175.63 | 177.99 | 174.08 | 2.01 times |
| 05 Wed Jun 2024 | 176.68 | 173.92 | 176.93 | 172.84 | 0.68 times |
| 04 Tue Jun 2024 | 172.57 | 175.96 | 177.60 | 172.49 | 0.612 times |
| 03 Mon Jun 2024 | 177.29 | 178.78 | 179.92 | 176.89 | 0.794 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 161.9, for a target of 168 or 173.2
Share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Target | 147.77 |
| Downside Target | 152.71 |
| Downside Target | 161.90 |
| Upside Target | 176.76 |
| Upside Target | 177.88 |
| Upside Target | 179.12 |
| Upside Target | 179.77 |
| Upside Target | 179.92 |
| Upside Target | 184.98 |
| Upside Target | 189.96 |
Intraday share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Intraday Target | 157.42 |
| Downside Intraday Target | 152.1 |
| Upside Intraday Target | 172.54 |
| Upside Intraday Target | 182.34 |
| Upside Intraday Target | 167.22 |
Weekly technical analysis of Meritage Corporation (MTH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 162.74 | 166.93 | 177.02 | 161.90 | 0.681 times |
| 07 Fri Jun 2024 | 169.24 | 178.78 | 179.92 | 167.06 | 3.245 times |
| 31 Fri May 2024 | 176.35 | 175.69 | 179.12 | 168.28 | 0.704 times |
| 24 Fri May 2024 | 174.62 | 183.02 | 184.98 | 171.20 | 0.836 times |
| 17 Fri May 2024 | 183.00 | 181.56 | 189.96 | 179.77 | 0.515 times |
Price has moved down 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 |
| 14 Fri Jun 2024 | 162.74 | 178.78 | 179.92 | 161.90 | 0.65 times |
| 31 Fri May 2024 | 176.35 | 165.49 | 189.96 | 164.33 | 1.051 times |
| 30 Tue Apr 2024 | 165.74 | 175.46 | 176.76 | 149.40 | 0.745 times |
| 28 Thu Mar 2024 | 175.46 | 157.56 | 177.88 | 152.71 | 1.169 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 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 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 gaining momentum.
MACD generated a SELL signal for Meritage Corporation in short term and the sell signal is strong.
Meritage Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Meritage Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 170.69 and Meritage Corporation (MTH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 gaining momentum.
MACD generated a SELL signal for Meritage Corporation in short term and the sell signal is strong.
Meritage Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Meritage Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 170.69 and Meritage Corporation (MTH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.