Technical Analysis for MTH - Meritage Homes Corporation

Grade Last Price % Change Price Change
C 82.16 -0.84% -0.70
MTH closed down 0.84 percent on Monday, May 16, 2022, on 71 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Crossed Above 20 DMA Bullish -0.84%
MACD Bullish Signal Line Cross Bullish -0.84%
Multiple of Ten Bullish Other -0.84%
Bullish Engulfing Bullish 2.16%
Stochastic Reached Oversold Weakness 2.16%
Multiple of Ten Bullish Other 2.16%
Lower Bollinger Band Touch Weakness 2.16%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Fell Below 20 DMA about 8 hours ago
Possible NR7 about 8 hours ago
Possible Inside Day about 8 hours ago
20 DMA Support about 8 hours ago
10 DMA Resistance about 8 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Meritage Homes Corporation engages in designing and building single-family detached homes. It offers a range of homes for various homebuyers, including first-time, move-up, active adult, and luxury. The company provides its homes under the Meritage Homes and Monterey Homes names. It also offers title insurance and closing/settlement services for its homebuyers. The company operates in 158 communities in Arizona, Texas, California, Nevada, Colorado, Florida, and the Carolinas. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
Classification

Sector: Consumer Cyclical
Industry: Residential Construction
Keywords: Title Insurance Homebuilder Settlement Services

Is MTH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 125.01
52 Week Low 75.56
Average Volume 397,750
200-Day Moving Average 101.72
50-Day Moving Average 84.74
20-Day Moving Average 82.60
10-Day Moving Average 82.89
Average True Range 3.85
RSI 48.45
ADX 14.33
+DI 20.60
-DI 19.19
Chandelier Exit (Long, 3 ATRs) 77.94
Chandelier Exit (Short, 3 ATRs) 89.19
Upper Bollinger Bands 87.13
Lower Bollinger Band 78.08
Percent B (%b) 0.45
BandWidth 10.96
MACD Line -0.67
MACD Signal Line -0.73
MACD Histogram 0.0555
Fundamentals Value
Market Cap 3.09 Billion
Num Shares 37.6 Million
EPS 9.70
Price-to-Earnings (P/E) Ratio 8.47
Price-to-Sales 0.82
Price-to-Book 1.54
PEG Ratio 1.28
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 85.99
Resistance 3 (R3) 85.85 84.44 85.35
Resistance 2 (R2) 84.44 83.47 84.51 85.13
Resistance 1 (R1) 83.30 82.86 82.60 83.44 84.92
Pivot Point 81.89 81.89 81.54 81.96 81.89
Support 1 (S1) 80.75 80.92 80.05 80.89 79.40
Support 2 (S2) 79.34 80.31 79.41 79.19
Support 3 (S3) 78.20 79.34 78.97
Support 4 (S4) 78.34