(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 2024-06-12 View latest technical analysis
10 day averaged volume of Meritage Corporation is 506330
Date | Daily Closing Price | Open | High | Low | Volume |
12 Wed Jun 2024 | 170.09 | 172.86 | 177.02 | 169.42 | 0.98 times |
11 Tue Jun 2024 | 164.65 | 167.53 | 167.53 | 164.52 | 1.13 times |
10 Mon Jun 2024 | 168.70 | 166.93 | 168.98 | 165.23 | 0.794 times |
07 Fri Jun 2024 | 169.24 | 170.72 | 172.83 | 167.06 | 2.007 times |
06 Thu Jun 2024 | 174.84 | 175.63 | 177.99 | 174.08 | 2.161 times |
05 Wed Jun 2024 | 176.68 | 173.92 | 176.93 | 172.84 | 0.731 times |
04 Tue Jun 2024 | 172.57 | 175.96 | 177.60 | 172.49 | 0.658 times |
03 Mon Jun 2024 | 177.29 | 178.78 | 179.92 | 176.89 | 0.853 times |
31 Fri May 2024 | 176.35 | 176.57 | 179.12 | 173.15 | 0.772 times |
30 Thu May 2024 | 175.38 | 171.67 | 175.58 | 170.51 | 0.533 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 169.6 as stoploss in an intra day buy trade for a target of 175.24. However, stock will show a bearish move below 169.6.
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 | 164.07 |
Downside Intraday Target | 158.04 |
Upside Intraday Target | 176.57 |
Upside Intraday Target | 183.04 |
Upside Intraday Target | 170.54 |
Weekly technical analysis of Meritage Corporation (MTH)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Wed Jun 2024 | 170.09 | 166.93 | 177.02 | 164.52 | 0.453 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 up 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 |
12 Wed Jun 2024 | 170.09 | 178.78 | 179.92 | 164.52 | 0.562 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Meritage Corporation stock for short term is BUY. Signal strength is Weak and stock is losing 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 moving up
CCI has generated a buy signal for Meritage Corporation in short term but BUY signal is weak.
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 172.12 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 is giving positive 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Meritage Corporation stock for short term is BUY. Signal strength is Weak and stock is losing 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 moving up
CCI has generated a buy signal for Meritage Corporation in short term but BUY signal is weak.
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 172.12 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 is giving positive 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.