Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-07 View latest technical analysis

10 day averaged volume of Meritage Corporation is 367670

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	169.24	170.72	172.83	167.06	2.764 times
06 Thu Jun 2024	174.84	175.63	177.99	174.08	2.976 times
05 Wed Jun 2024	176.68	173.92	176.93	172.84	1.007 times
04 Tue Jun 2024	172.57	175.96	177.60	172.49	0.906 times
03 Mon Jun 2024	177.29	178.78	179.92	176.89	1.175 times
31 Fri May 2024	176.35	176.57	179.12	173.15	1.063 times
30 Thu May 2024	175.38	171.67	175.58	170.51	0.734 times
29 Wed May 2024	169.86	169.69	171.09	168.28	0.497 times
28 Tue May 2024	172.24	175.69	176.63	171.38	0.427 times
24 Fri May 2024	174.62	174.84	175.48	173.33	0.507 times

Stock of Meritage Corporation (MTH) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 172.4, but if it comes above 172.4, then a intra day buy could be more profitable.
If you take a sell trade below 172.4, then use 172.4 as stoploss and 166.6 as target. However if you take a buy trade in stock , then use 172.4 as stoploss and 177.18 as target.

Share price targets for Meritage Corporation (MTH)

Target Type	Value
Downside Target	147.77
Downside Target	152.71
Downside Target	164.33
Upside Target	176.76
Upside Target	179.12
Upside Target	179.77
Upside Target	179.92
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	164.23
Downside Intraday Target	159.21
Upside Intraday Target	177.09
Upside Intraday Target	184.93
Upside Intraday Target	172.07

Weekly technical analysis of Meritage Corporation (MTH)

Date	Weekly Closing Price	Open	High	Low	Volume
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
10 Fri May 2024	180.28	172.50	183.78	172.02	2.107 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
07 Fri Jun 2024	169.24	178.78	179.92	167.06	0.387 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 173.64 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.