Technical Analysis for MTH - Meritage Homes Corporation

Grade Last Price % Change Price Change
D 155.43 -1.20% -1.88
MTH closed down 1.2 percent on Monday, March 18, 2024, on approximately normal volume.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Crossed Above 20 DMA Bullish -1.20%
Pocket Pivot Bullish Swing Setup -1.20%
Volume Surge Other -1.20%
Inside Day Range Contraction -1.20%
Fell Below 20 DMA Bearish 0.62%
MACD Bearish Centerline Cross Bearish 0.62%
Expansion Pivot Sell Setup Bearish Swing Setup 0.62%

   Recent Intraday Alerts

Alert Time
20 DMA Support about 13 hours ago
Down 2 % about 16 hours ago
Gap Up Closed about 17 hours ago
Gap Up Partially Closed about 17 hours ago
Reversed from Up about 17 hours ago

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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 178.8493
52 Week Low 108.4114
Average Volume 441,969
200-Day Moving Average 142.33
50-Day Moving Average 159.90
20-Day Moving Average 156.00
10-Day Moving Average 157.14
Average True Range 4.77
RSI (14) 47.64
ADX 11.12
+DI 21.82
-DI 24.13
Chandelier Exit (Long, 3 ATRs) 148.59
Chandelier Exit (Short, 3 ATRs) 161.38
Upper Bollinger Bands 161.17
Lower Bollinger Band 150.83
Percent B (%b) 0.44
BandWidth 6.63
MACD Line -0.17
MACD Signal Line -0.40
MACD Histogram 0.2296
Fundamentals Value
Market Cap 5.67 Billion
Num Shares 36.4 Million
EPS 19.94
Price-to-Earnings (P/E) Ratio 7.79
Price-to-Sales 0.92
Price-to-Book 1.22
PEG Ratio 1.28
Dividend 1.08
Dividend Yield 0.69%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 163.67
Resistance 3 (R3) 163.97 161.51 162.30
Resistance 2 (R2) 161.51 159.41 161.36 161.84
Resistance 1 (R1) 158.47 158.11 157.24 158.18 161.38
Pivot Point 156.02 156.02 155.40 155.87 156.02
Support 1 (S1) 152.98 153.92 151.75 152.68 149.48
Support 2 (S2) 150.52 152.62 150.37 149.02
Support 3 (S3) 147.48 150.52 148.56
Support 4 (S4) 147.19