(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 2024-04-12 View latest technical analysis
10 day averaged volume of Meritage Corporation is 352760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 159.13 | 157.42 | 159.42 | 157.00 | 0.699 times |
| 11 Thu Apr 2024 | 158.50 | 157.00 | 158.51 | 156.04 | 0.999 times |
| 10 Wed Apr 2024 | 156.17 | 158.41 | 159.19 | 154.82 | 1.372 times |
| 09 Tue Apr 2024 | 164.59 | 164.44 | 165.72 | 161.76 | 1.497 times |
| 08 Mon Apr 2024 | 162.97 | 164.68 | 164.68 | 162.16 | 1.313 times |
| 05 Fri Apr 2024 | 163.59 | 162.01 | 164.88 | 161.87 | 0.726 times |
| 04 Thu Apr 2024 | 162.02 | 167.38 | 167.91 | 161.74 | 0.631 times |
| 03 Wed Apr 2024 | 164.41 | 160.99 | 165.44 | 160.37 | 0.586 times |
| 02 Tue Apr 2024 | 163.06 | 166.89 | 166.89 | 162.37 | 1.149 times |
| 01 Mon Apr 2024 | 172.05 | 175.46 | 176.76 | 171.16 | 0.701 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 158.4 as stoploss in an intra day buy trade for a target of 163.76. However, stock will show a bearish move below 158.4.
Share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Target | 141.06 |
| Downside Target | 147.77 |
| Downside Target | 152.71 |
| Upside Target | 160.37 |
| Upside Target | 165.83 |
| Upside Target | 169.60 |
| Upside Target | 176.76 |
| Upside Target | 177.88 |
| Upside Target | 178.82 |
| Upside Target | 179.69 |
Intraday share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Intraday Target | 154.06 |
| Downside Intraday Target | 148.99 |
| Upside Intraday Target | 164.96 |
| Upside Intraday Target | 170.79 |
| Upside Intraday Target | 159.89 |
Weekly technical analysis of Meritage Corporation (MTH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 159.13 | 164.68 | 165.72 | 154.82 | 1.55 times |
| 05 Fri Apr 2024 | 163.59 | 175.46 | 176.76 | 160.37 | 1.138 times |
| 28 Thu Mar 2024 | 175.46 | 165.16 | 177.88 | 165.16 | 0.587 times |
| 22 Fri Mar 2024 | 165.95 | 158.49 | 169.60 | 153.56 | 0.376 times |
| 15 Fri Mar 2024 | 157.31 | 159.42 | 163.65 | 152.71 | 2.939 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Meritage Corporation (MTH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 159.13 | 175.46 | 176.76 | 154.82 | 0.318 times |
| 28 Thu Mar 2024 | 175.46 | 157.56 | 177.88 | 152.71 | 1.169 times |
| 29 Thu Feb 2024 | 157.66 | 165.37 | 165.83 | 147.77 | 1.532 times |
| 31 Wed Jan 2024 | 165.61 | 171.27 | 179.69 | 162.16 | 0.688 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 162.26 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 positive
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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 162.26 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.