(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 2024-06-06 View latest technical analysis
10 day averaged volume of Meritage Corporation is 310370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 174.84 | 175.63 | 177.99 | 174.08 | 3.526 times |
| 05 Wed Jun 2024 | 176.68 | 173.92 | 176.93 | 172.84 | 1.192 times |
| 04 Tue Jun 2024 | 172.57 | 175.96 | 177.60 | 172.49 | 1.073 times |
| 03 Mon Jun 2024 | 177.29 | 178.78 | 179.92 | 176.89 | 1.392 times |
| 31 Fri May 2024 | 176.35 | 176.57 | 179.12 | 173.15 | 1.259 times |
| 30 Thu May 2024 | 175.38 | 171.67 | 175.58 | 170.51 | 0.869 times |
| 29 Wed May 2024 | 169.86 | 169.69 | 171.09 | 168.28 | 0.589 times |
| 28 Tue May 2024 | 172.24 | 175.69 | 176.63 | 171.38 | 0.506 times |
| 24 Fri May 2024 | 174.62 | 174.84 | 175.48 | 173.33 | 0.601 times |
| 23 Thu May 2024 | 172.68 | 175.85 | 176.15 | 171.20 | 0.839 times |
Stock of Meritage Corporation (MTH) has showed a significant fall. This could be a good time to exit from this stock.
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 173.3 as stoploss in an intra day buy trade for a target of 177.77. However, stock will show a bearish move below 173.3.
Share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Target | 147.77 |
| Downside Target | 152.71 |
| Downside Target | 164.33 |
| Upside Target | 176.76 |
| Upside Target | 179.12 |
| Upside Target | 179.77 |
| Upside Target | 179.92 |
| Upside Target | 183.78 |
| Upside Target | 184.98 |
| Upside Target | 189.96 |
Intraday share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Intraday Target | 171.58 |
| Downside Intraday Target | 168.32 |
| Upside Intraday Target | 179.01 |
| Upside Intraday Target | 183.18 |
| Upside Intraday Target | 175.75 |
Weekly technical analysis of Meritage Corporation (MTH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 174.84 | 178.78 | 179.92 | 172.49 | 2.229 times |
| 31 Fri May 2024 | 176.35 | 175.69 | 179.12 | 168.28 | 0.704 times |
| 24 Fri May 2024 | 174.62 | 183.02 | 184.98 | 171.20 | 0.836 times |
| 17 Fri May 2024 | 183.00 | 181.56 | 189.96 | 179.77 | 0.515 times |
| 10 Fri May 2024 | 180.28 | 172.50 | 183.78 | 172.02 | 2.107 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 |
| 06 Thu Jun 2024 | 174.84 | 178.78 | 179.92 | 172.49 | 0.266 times |
| 31 Fri May 2024 | 176.35 | 165.49 | 189.96 | 164.33 | 1.051 times |
| 30 Tue Apr 2024 | 165.74 | 175.46 | 176.76 | 149.40 | 0.745 times |
| 28 Thu Mar 2024 | 175.46 | 157.56 | 177.88 | 152.71 | 1.169 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 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 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 buy signal for Meritage Corporation in short term and BUY 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 174.78 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 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 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 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 buy signal for Meritage Corporation in short term and BUY 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 174.78 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.