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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 2024-01-17 View latest technical analysis

10 day averaged volume of Meritage Corporation is 219530

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	168.50	167.91	169.35	167.00	0.779 times
16 Tue Jan 2024	170.22	170.21	171.26	169.23	1.117 times
12 Fri Jan 2024	171.93	176.43	176.43	170.52	0.593 times
12 Fri Jan 2024	171.93	176.43	176.43	170.52	0.593 times
11 Thu Jan 2024	174.75	171.83	175.06	170.77	1.459 times
10 Wed Jan 2024	173.71	170.84	174.40	170.81	0.964 times
09 Tue Jan 2024	169.77	167.47	169.83	167.12	0.962 times
08 Mon Jan 2024	170.09	168.96	171.69	168.83	0.978 times
05 Fri Jan 2024	167.91	165.60	170.00	164.11	1.052 times
04 Thu Jan 2024	166.31	167.49	168.63	166.13	1.003 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 168.9, but if it comes above 168.9, then a intra day buy could be more profitable.
If you take a sell trade below 168.9, then use 168.9 as stoploss and 165.4 as target. However if you take a buy trade in stock , then use 168.9 as stoploss and 171.89 as target.

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	170.52
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	166.58
Downside Intraday Target	164.66
Upside Intraday Target	170.84
Upside Intraday Target	173.18
Upside Intraday Target	168.92

Weekly technical analysis of Meritage Corporation (MTH)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	168.50	170.21	171.26	167.00	3.201 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
17 Wed Jan 2024	168.50	171.27	176.43	164.11	0.309 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 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 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 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 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 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

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 170.61 and Meritage Corporation (MTH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.