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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 2024-02-20 View latest technical analysis

10 day averaged volume of Meritage Corporation is 434970

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	150.63	148.18	151.06	147.77	0.851 times
16 Fri Feb 2024	150.45	153.02	153.64	150.35	0.851 times
15 Thu Feb 2024	156.53	156.51	157.63	154.84	0.551 times
14 Wed Feb 2024	155.13	154.30	156.03	151.83	0.708 times
13 Tue Feb 2024	151.82	152.59	155.52	150.63	1.135 times
12 Mon Feb 2024	160.87	155.65	161.57	155.51	0.968 times
09 Fri Feb 2024	154.42	154.23	155.92	152.93	0.733 times
08 Thu Feb 2024	154.55	153.92	154.86	152.13	1.014 times
07 Wed Feb 2024	153.43	153.95	155.91	152.29	0.85 times
06 Tue Feb 2024	152.63	151.73	153.13	149.55	1.22 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 151.5, but if it comes above 151.5, then a intra day buy could be more profitable.
If you take a sell trade below 151.5, then use 151.5 as stoploss and 143.7 as target. However if you take a buy trade in stock , then use 151.5 as stoploss and 157.95 as target.

Share price targets for Meritage Corporation (MTH)

Target Type	Value
Downside Target	109.23
Downside Target	123.13
Downside Target	141.06
Downside Target	146.29
Upside Target	155.92
Upside Target	161.57
Upside Target	162.16
Upside Target	165.83
Upside Target	170.50
Upside Target	178.82
Upside Target	179.69

Intraday share price targets for Meritage Corporation (MTH)

Target Type	Value
Downside Intraday Target	148.58
Downside Intraday Target	146.53
Upside Intraday Target	151.87
Upside Intraday Target	153.11
Downside Intraday Target	149.82

Weekly technical analysis of Meritage Corporation (MTH)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	150.63	148.18	151.06	147.77	0.202 times
16 Fri Feb 2024	150.45	155.65	161.57	150.35	0.728 times
09 Fri Feb 2024	154.42	148.22	155.92	148.10	0.941 times
02 Fri Feb 2024	150.62	166.75	170.50	148.34	1.255 times
26 Fri Jan 2024	165.43	173.90	179.69	162.16	2.747 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
20 Tue Feb 2024	150.63	165.37	165.83	147.77	1.101 times
31 Wed Jan 2024	165.61	171.27	179.69	162.16	0.688 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

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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Meritage Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Meritage Corporation in short term and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Meritage Corporation in short term and SELL signal is strong!

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 153.91 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 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.