(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 2024-03-21 View latest technical analysis
10 day averaged volume of Meritage Corporation is 742260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 166.32 | 166.14 | 169.60 | 166.00 | 0.581 times |
| 20 Wed Mar 2024 | 163.93 | 157.28 | 164.29 | 156.49 | 0.574 times |
| 19 Tue Mar 2024 | 157.52 | 155.02 | 158.18 | 154.44 | 0.695 times |
| 18 Mon Mar 2024 | 155.43 | 158.49 | 159.06 | 153.56 | 0.587 times |
| 15 Fri Mar 2024 | 157.31 | 153.30 | 158.67 | 153.30 | 4.793 times |
| 14 Thu Mar 2024 | 154.47 | 158.28 | 159.60 | 152.71 | 0.816 times |
| 13 Wed Mar 2024 | 161.25 | 160.56 | 163.65 | 160.43 | 0.531 times |
| 12 Tue Mar 2024 | 159.92 | 157.51 | 160.73 | 155.14 | 0.545 times |
| 11 Mon Mar 2024 | 157.79 | 159.42 | 160.33 | 156.03 | 0.488 times |
| 08 Fri Mar 2024 | 159.84 | 160.90 | 162.30 | 158.04 | 0.485 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 164.7, for a target of 161.1 or 158.18
Share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Target | 109.23 |
| Downside Target | 141.06 |
| Downside Target | 146.29 |
| Downside Target | 152.71 |
| Downside Target | 158.88 |
| Downside Target | 162.69 |
| Downside Target | 163.65 |
| Downside Target | 165.83 |
| Upside Target | 169.60 |
| Upside Target | 178.82 |
| Upside Target | 179.69 |
Intraday share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Intraday Target | 156.72 |
| Downside Intraday Target | 147.12 |
| Upside Intraday Target | 172.76 |
| Upside Intraday Target | 179.2 |
| Downside Intraday Target | 163.16 |
Weekly technical analysis of Meritage Corporation (MTH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 166.32 | 158.49 | 169.60 | 153.56 | 0.34 times |
| 15 Fri Mar 2024 | 157.31 | 159.42 | 163.65 | 152.71 | 2.939 times |
| 08 Fri Mar 2024 | 159.84 | 160.02 | 162.69 | 153.40 | 1.012 times |
| 01 Fri Mar 2024 | 159.61 | 158.43 | 159.78 | 154.62 | 1.143 times |
| 23 Fri Feb 2024 | 156.92 | 148.18 | 158.88 | 147.77 | 0.855 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 |
| 21 Thu Mar 2024 | 166.32 | 157.56 | 169.60 | 152.71 | 1.02 times |
| 29 Thu Feb 2024 | 157.66 | 165.37 | 165.83 | 147.77 | 1.532 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 |
Scroll below to view daily charts
Price has moved up 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Meritage Corporation ( (MTH) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Meritage Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Meritage Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Meritage Corporation in short term and BUY 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 158.37 and Meritage Corporation (MTH) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Meritage Corporation ( (MTH) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Meritage Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Meritage Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Meritage Corporation in short term and BUY 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 158.37 and Meritage Corporation (MTH) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.