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 2024-06-10 View latest technical analysis

10 day averaged volume of Meritage Corporation is 443240

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	168.70	166.93	168.98	165.23	0.907 times
07 Fri Jun 2024	169.24	170.72	172.83	167.06	2.293 times
06 Thu Jun 2024	174.84	175.63	177.99	174.08	2.469 times
05 Wed Jun 2024	176.68	173.92	176.93	172.84	0.835 times
04 Tue Jun 2024	172.57	175.96	177.60	172.49	0.751 times
03 Mon Jun 2024	177.29	178.78	179.92	176.89	0.975 times
31 Fri May 2024	176.35	176.57	179.12	173.15	0.882 times
30 Thu May 2024	175.38	171.67	175.58	170.51	0.608 times
29 Wed May 2024	169.86	169.69	171.09	168.28	0.413 times
28 Tue May 2024	172.24	175.69	176.63	171.38	0.354 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 171.5, but if it comes above 171.5, then a intra day buy could be more profitable.
If you take a sell trade below 171.5, then use 171.5 as stoploss and 165.4 as target. However if you take a buy trade in stock , then use 171.5 as stoploss and 176.6 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	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	166.29
Downside Intraday Target	163.89
Upside Intraday Target	170.04
Upside Intraday Target	171.39
Downside Intraday Target	167.64

Weekly technical analysis of Meritage Corporation (MTH)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	168.70	166.93	168.98	165.23	0.124 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
10 Mon Jun 2024	168.70	178.78	179.92	165.23	0.435 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 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 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 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 and the buying is gaining 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 173.17 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.