(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 2024-06-28 View latest technical analysis
10 day averaged volume of Meritage Corporation is 488340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 161.85 | 163.97 | 164.41 | 160.49 | 1.211 times |
| 27 Thu Jun 2024 | 162.15 | 161.96 | 162.72 | 160.45 | 0.635 times |
| 26 Wed Jun 2024 | 162.18 | 162.07 | 162.71 | 161.08 | 0.518 times |
| 25 Tue Jun 2024 | 163.68 | 166.16 | 166.21 | 161.18 | 1.457 times |
| 24 Mon Jun 2024 | 165.94 | 161.10 | 166.72 | 160.90 | 1.448 times |
| 21 Fri Jun 2024 | 160.22 | 163.05 | 163.51 | 160.00 | 2.27 times |
| 20 Thu Jun 2024 | 162.87 | 163.72 | 165.36 | 162.22 | 0.579 times |
| 18 Tue Jun 2024 | 164.01 | 164.97 | 166.48 | 162.98 | 0.654 times |
| 18 Tue Jun 2024 | 164.01 | 164.97 | 166.48 | 162.98 | 0.654 times |
| 17 Mon Jun 2024 | 166.42 | 163.25 | 166.50 | 163.11 | 0.964 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 161.9, but if it comes above 161.9, then a intra day buy could be more profitable.
If you take a sell trade below 161.9, then use 161.9 as stoploss and 155.9 as target. However if you take a buy trade in stock , then use 161.9 as stoploss and 166.89 as target.
Share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Target | 147.77 |
| Downside Target | 152.71 |
| Downside Target | 160.00 |
| Upside Target | 166.72 |
| Upside Target | 167.06 |
| Upside Target | 176.76 |
| Upside Target | 177.02 |
| Upside Target | 177.88 |
| Upside Target | 179.92 |
| Upside Target | 189.96 |
Intraday share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Intraday Target | 159.29 |
| Downside Intraday Target | 156.74 |
| Upside Intraday Target | 165.56 |
| Upside Intraday Target | 169.28 |
| Upside Intraday Target | 163.01 |
Weekly technical analysis of Meritage Corporation (MTH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 161.85 | 161.10 | 166.72 | 160.45 | 1.504 times |
| 21 Fri Jun 2024 | 160.22 | 164.97 | 166.48 | 160.00 | 2.166 times |
| 18 Tue Jun 2024 | 164.01 | 163.25 | 166.50 | 162.98 | 0.357 times |
| 14 Fri Jun 2024 | 162.74 | 166.93 | 177.02 | 161.90 | 0.681 times |
| 07 Fri Jun 2024 | 169.24 | 178.78 | 179.92 | 167.06 | 3.245 times |
Price has moved up 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 |
| 28 Fri Jun 2024 | 161.85 | 178.78 | 179.92 | 160.00 | 1.255 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 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 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 and the sell signal is strong.
Meritage Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Meritage Corporation in short term but BUY signal is weak.
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
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 163.11 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 negative.
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 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 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 and the sell signal is strong.
Meritage Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Meritage Corporation in short term but BUY signal is weak.
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
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 163.11 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.