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(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 2024-05-29 View latest technical analysis

10 day averaged volume of Meritage Corporation is 304562

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	169.86	169.69	171.09	168.28	0.601 times
28 Tue May 2024	172.24	175.69	176.63	171.38	0.515 times
24 Fri May 2024	174.62	174.84	175.48	173.33	0.612 times
23 Thu May 2024	172.68	175.85	176.15	171.20	0.855 times
22 Wed May 2024	174.58	176.64	176.64	171.80	1.712 times
21 Tue May 2024	178.27	181.84	181.84	177.87	0.721 times
20 Mon May 2024	182.59	183.02	184.98	182.38	0.764 times
17 Fri May 2024	183.00	183.75	183.75	181.58	0.814 times
16 Thu May 2024	183.03	187.00	187.83	182.93	1.731 times
15 Wed May 2024	188.13	186.03	189.96	185.34	1.582 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 172.6, but if it comes above 172.6, then a intra day buy could be more profitable.
If you take a sell trade below 172.6, then use 172.6 as stoploss and 166.4 as target. However if you take a buy trade in stock , then use 172.6 as stoploss and 177.78 as target.

Share price targets for Meritage Corporation (MTH)

Target Type	Value
Downside Target	147.77
Downside Target	152.71
Downside Target	162.16
Upside Target	176.63
Upside Target	177.88
Upside Target	179.69
Upside Target	179.77
Upside Target	183.25
Upside Target	183.78
Upside Target	184.98
Upside Target	189.96

Intraday share price targets for Meritage Corporation (MTH)

Target Type	Value
Downside Intraday Target	166.55
Downside Intraday Target	163.24
Upside Intraday Target	174.9
Upside Intraday Target	179.94
Upside Intraday Target	171.59

Weekly technical analysis of Meritage Corporation (MTH)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	169.86	175.69	176.63	168.28	0.239 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
10 Fri May 2024	180.28	172.50	183.78	172.02	2.107 times
03 Fri May 2024	177.04	170.92	183.25	164.33	0.632 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
29 Wed May 2024	169.86	165.49	189.96	164.33	0.968 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
29 Thu Feb 2024	157.66	165.37	165.83	147.77	1.532 times

Scroll below to view daily charts

Price has moved up 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Meritage Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Meritage Corporation is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 179.23 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.