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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 2024-10-11 View latest technical analysis

10 day averaged volume of Meritage Corporation is 211690

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	193.79	191.79	194.91	191.79	0.83 times
10 Thu Oct 2024	192.08	191.45	193.73	190.53	0.895 times
09 Wed Oct 2024	194.82	196.20	197.51	194.26	0.9 times
08 Tue Oct 2024	196.19	196.36	199.36	193.46	0.809 times
07 Mon Oct 2024	195.23	194.97	196.24	192.37	1.026 times
04 Fri Oct 2024	198.04	204.70	204.70	194.67	1.033 times
03 Thu Oct 2024	202.43	201.30	202.74	198.82	0.68 times
02 Wed Oct 2024	202.32	202.82	205.00	199.95	1.025 times
01 Tue Oct 2024	205.40	205.96	207.53	201.19	0.859 times
30 Mon Sep 2024	205.07	201.83	206.06	200.78	1.461 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 196.3, but if it comes above 196.3, then a intra day buy could be more profitable.
If you take a sell trade below 196.3, then use 196.3 as stoploss and 190.3 as target. However if you take a buy trade in stock , then use 196.3 as stoploss and 201.35 as target.

Share price targets for Meritage Corporation (MTH)

Target Type	Value
Downside Target	152.10
Downside Target	160.00
Downside Target	173.75
Downside Target	179.92
Downside Target	184.96
Downside Target	190.53
Upside Target	194.67
Upside Target	198.85
Upside Target	205.96
Upside Target	207.53
Upside Target	208.05
Upside Target	210.58
Upside Target	213.98

Intraday share price targets for Meritage Corporation (MTH)

Target Type	Value
Downside Intraday Target	189.76
Downside Intraday Target	185.73
Upside Intraday Target	198.59
Upside Intraday Target	203.39
Upside Intraday Target	194.56

Weekly technical analysis of Meritage Corporation (MTH)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	193.79	194.97	199.36	190.53	0.882 times
04 Fri Oct 2024	198.04	201.83	207.53	194.67	0.663 times
27 Fri Sep 2024	203.74	205.70	207.05	199.73	0.552 times
20 Fri Sep 2024	203.33	204.19	213.98	198.85	1.684 times
13 Fri Sep 2024	203.56	189.48	205.96	184.96	1.351 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
11 Fri Oct 2024	193.79	205.96	207.53	190.53	0.217 times
30 Mon Sep 2024	205.07	196.85	213.98	184.96	0.913 times
30 Fri Aug 2024	198.07	203.46	208.05	173.75	0.818 times
31 Wed Jul 2024	202.87	162.74	210.58	152.10	1.001 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 198.86 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.