(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 2024-07-02 View latest technical analysis
10 day averaged volume of Meritage Corporation is 498610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 154.56 | 154.08 | 155.00 | 152.16 | 0.787 times |
| 01 Mon Jul 2024 | 156.15 | 162.74 | 163.29 | 155.69 | 0.769 times |
| 28 Fri Jun 2024 | 161.85 | 163.97 | 164.41 | 160.49 | 1.186 times |
| 27 Thu Jun 2024 | 162.15 | 161.96 | 162.72 | 160.45 | 0.622 times |
| 26 Wed Jun 2024 | 162.18 | 162.07 | 162.71 | 161.08 | 0.508 times |
| 25 Tue Jun 2024 | 163.68 | 166.16 | 166.21 | 161.18 | 1.427 times |
| 24 Mon Jun 2024 | 165.94 | 161.10 | 166.72 | 160.90 | 1.418 times |
| 21 Fri Jun 2024 | 160.22 | 163.05 | 163.51 | 160.00 | 2.223 times |
| 20 Thu Jun 2024 | 162.87 | 163.72 | 165.36 | 162.22 | 0.567 times |
| 18 Tue Jun 2024 | 164.01 | 164.97 | 166.48 | 162.98 | 0.64 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 153.4, for a target of 159.7 or 164.93
Share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Target | 149.40 |
| Upside Target | 160.00 |
| Upside Target | 164.33 |
| Upside Target | 166.48 |
| Upside Target | 166.50 |
| Upside Target | 166.72 |
| 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 | 150.05 |
| Downside Intraday Target | 145.54 |
| Upside Intraday Target | 161.18 |
| Upside Intraday Target | 167.8 |
| Upside Intraday Target | 156.67 |
Weekly technical analysis of Meritage Corporation (MTH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 154.56 | 162.74 | 163.29 | 152.16 | 0.302 times |
| 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 |
Price has moved down 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 |
| 02 Tue Jul 2024 | 154.56 | 162.74 | 163.29 | 152.16 | 0.074 times |
| 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 |
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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 161.55 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 161.55 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.