(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 2024-07-09 View latest technical analysis
10 day averaged volume of Meritage Corporation is 355590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 154.60 | 153.29 | 156.48 | 152.70 | 1.188 times |
| 08 Mon Jul 2024 | 154.09 | 154.27 | 155.11 | 153.09 | 0.93 times |
| 05 Fri Jul 2024 | 152.23 | 154.85 | 155.54 | 152.10 | 0.573 times |
| 03 Wed Jul 2024 | 155.64 | 154.30 | 157.07 | 153.12 | 0.534 times |
| 03 Wed Jul 2024 | 155.64 | 154.30 | 157.07 | 153.12 | 0.534 times |
| 02 Tue Jul 2024 | 154.56 | 154.08 | 155.00 | 152.16 | 1.104 times |
| 01 Mon Jul 2024 | 156.15 | 162.74 | 163.29 | 155.69 | 1.078 times |
| 28 Fri Jun 2024 | 161.85 | 163.97 | 164.41 | 160.49 | 1.663 times |
| 27 Thu Jun 2024 | 162.15 | 161.96 | 162.72 | 160.45 | 0.872 times |
| 26 Wed Jun 2024 | 162.18 | 162.07 | 162.71 | 161.08 | 0.712 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 155.8, but if it comes above 155.8, then a intra day buy could be more profitable.
If you take a sell trade below 155.8, then use 155.8 as stoploss and 149.8 as target. However if you take a buy trade in stock , then use 155.8 as stoploss and 160.84 as target.
Share price targets for Meritage Corporation (MTH)
| Target Type | Value |
| Downside Target | 149.40 |
| Upside Target | 156.48 |
| Upside Target | 163.29 |
| Upside Target | 164.33 |
| Upside Target | 166.48 |
| Upside Target | 166.72 |
| Upside Target | 176.76 |
| 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 | 152.71 |
| Downside Intraday Target | 150.81 |
| Upside Intraday Target | 156.49 |
| Upside Intraday Target | 158.37 |
| Downside Intraday Target | 154.59 |
Weekly technical analysis of Meritage Corporation (MTH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 154.60 | 154.27 | 156.48 | 152.70 | 1.913 times |
| 05 Fri Jul 2024 | 152.23 | 154.30 | 157.07 | 152.10 | 0.408 times |
| 03 Wed Jul 2024 | 155.64 | 162.74 | 163.29 | 152.16 | 0.375 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 |
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 |
| 09 Tue Jul 2024 | 154.60 | 162.74 | 163.29 | 152.10 | 0.201 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 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 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 SELL. 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 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 buy signal for Meritage Corporation in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 157.31 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 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 SELL. 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 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 buy signal for Meritage Corporation in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 157.31 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.