(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 2024-01-16 View latest technical analysis
10 day averaged volume of Meritage Corporation is 227020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 170.22 | 170.21 | 171.26 | 169.23 | 1.081 times |
| 12 Fri Jan 2024 | 171.93 | 176.43 | 176.43 | 170.52 | 0.573 times |
| 12 Fri Jan 2024 | 171.93 | 176.43 | 176.43 | 170.52 | 0.573 times |
| 11 Thu Jan 2024 | 174.75 | 171.83 | 175.06 | 170.77 | 1.41 times |
| 10 Wed Jan 2024 | 173.71 | 170.84 | 174.40 | 170.81 | 0.933 times |
| 09 Tue Jan 2024 | 169.77 | 167.47 | 169.83 | 167.12 | 0.93 times |
| 08 Mon Jan 2024 | 170.09 | 168.96 | 171.69 | 168.83 | 0.946 times |
| 05 Fri Jan 2024 | 167.91 | 165.60 | 170.00 | 164.11 | 1.018 times |
| 04 Thu Jan 2024 | 166.31 | 167.49 | 168.63 | 166.13 | 0.97 times |
| 03 Wed Jan 2024 | 166.83 | 168.00 | 169.37 | 165.07 | 1.237 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 169.3 as stoploss in an intra day buy trade for a target of 172.2. However, stock will show a bearish move below 169.3.
Share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Target | 109.23 |
| Downside Target | 120.95 |
| Downside Target | 141.06 |
| Downside Target | 146.29 |
| Downside Target | 164.11 |
| Upside Target | 172.25 |
| Upside Target | 173.59 |
| Upside Target | 175.89 |
| Upside Target | 176.43 |
| Upside Target | 178.82 |
Intraday share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Intraday Target | 169.21 |
| Downside Intraday Target | 168.21 |
| Upside Intraday Target | 171.24 |
| Upside Intraday Target | 172.27 |
| Upside Intraday Target | 170.24 |
Weekly technical analysis of Meritage Corporation (MTH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 170.22 | 170.21 | 171.26 | 169.23 | 1.885 times |
| 12 Fri Jan 2024 | 171.93 | 176.43 | 176.43 | 170.52 | 0.12 times |
| 12 Fri Jan 2024 | 171.93 | 168.96 | 176.43 | 167.12 | 1.034 times |
| 05 Fri Jan 2024 | 167.91 | 171.27 | 172.25 | 164.11 | 7.033 times |
| 29 Fri Dec 2023 | 174.20 | 174.50 | 175.89 | 173.59 | 0.224 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 |
| 16 Tue Jan 2024 | 170.22 | 171.27 | 176.43 | 164.11 | 0.289 times |
| 29 Fri Dec 2023 | 174.20 | 141.06 | 178.82 | 141.06 | 1.19 times |
| 30 Thu Nov 2023 | 141.30 | 109.75 | 146.29 | 109.23 | 1.039 times |
| 31 Tue Oct 2023 | 114.02 | 121.49 | 123.13 | 109.34 | 0.981 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 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 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.
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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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
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 170.3 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 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 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.
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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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
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 170.3 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.