(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 2024-08-06 View latest technical analysis
10 day averaged volume of Meritage Corporation is 525128
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 183.05 | 180.09 | 187.85 | 178.38 | 0.753 times |
| 05 Mon Aug 2024 | 182.01 | 174.25 | 185.67 | 173.75 | 0.905 times |
| 02 Fri Aug 2024 | 191.31 | 189.86 | 192.90 | 186.19 | 0.876 times |
| 01 Thu Aug 2024 | 195.98 | 203.46 | 205.16 | 194.64 | 1.037 times |
| 31 Wed Jul 2024 | 202.87 | 205.00 | 210.58 | 200.73 | 0.749 times |
| 30 Tue Jul 2024 | 203.28 | 201.95 | 204.78 | 199.99 | 0.618 times |
| 29 Mon Jul 2024 | 202.08 | 200.28 | 203.13 | 198.40 | 0.82 times |
| 26 Fri Jul 2024 | 200.10 | 198.36 | 204.00 | 197.89 | 1.198 times |
| 25 Thu Jul 2024 | 193.16 | 191.52 | 195.12 | 183.45 | 1.888 times |
| 24 Wed Jul 2024 | 191.52 | 197.99 | 200.24 | 191.24 | 1.012 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 179 as stoploss in an intra day buy trade for a target of 189.62. However, stock will show a bearish move below 179.
Share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Target | 149.40 |
| Downside Target | 160.00 |
| Downside Target | 164.33 |
| Downside Target | 173.75 |
| Upside Target | 186.19 |
| Upside Target | 187.85 |
| Upside Target | 189.96 |
| Upside Target | 204.00 |
| Upside Target | 205.16 |
| Upside Target | 205.20 |
| Upside Target | 210.58 |
Intraday share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Intraday Target | 175.25 |
| Downside Intraday Target | 167.45 |
| Upside Intraday Target | 189.35 |
| Upside Intraday Target | 195.65 |
| Downside Intraday Target | 181.55 |
Weekly technical analysis of Meritage Corporation (MTH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 183.05 | 174.25 | 187.85 | 173.75 | 0.404 times |
| 02 Fri Aug 2024 | 191.31 | 200.28 | 210.58 | 186.19 | 0.725 times |
| 26 Fri Jul 2024 | 200.10 | 190.20 | 204.00 | 183.45 | 1.058 times |
| 19 Fri Jul 2024 | 190.10 | 179.32 | 205.20 | 178.22 | 1.244 times |
| 12 Fri Jul 2024 | 177.94 | 154.27 | 180.31 | 152.70 | 5.732 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 |
| 06 Tue Aug 2024 | 183.05 | 203.46 | 205.16 | 173.75 | 0.178 times |
| 31 Wed Jul 2024 | 202.87 | 162.74 | 210.58 | 152.10 | 1.001 times |
| 28 Fri Jun 2024 | 161.85 | 178.78 | 179.92 | 160.00 | 1.255 times |
| 31 Fri May 2024 | 176.35 | 165.49 | 189.96 | 164.33 | 1.051 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 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 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 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 194.29 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 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 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 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 194.29 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.