Technical Analysis for MTH - Meritage Homes Corporation

Grade Last Price % Change Price Change
C 154.69 -2.21% -3.50
MTH closed down 2.21 percent on Wednesday, April 24, 2024, on approximately normal volume. It ran into resistance at its 50 day moving average.
Earnings due: Apr 24
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Earnings Movers Other 0.00%
Multiple of Ten Bearish Other 0.00%
50 DMA Resistance Bearish -2.21%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.21%
Up 3 Days in a Row Strength -2.21%
Oversold Stochastic Weakness -2.21%
Stochastic Buy Signal Bullish 1.72%
Gapped Up Strength 1.72%

   Recent Intraday Alerts

Alert Time
10 DMA Support about 6 hours ago
Fell Below 10 DMA about 6 hours ago
Down 2 % about 7 hours ago
60 Minute Opening Range Breakdown about 8 hours ago
Down 1% about 8 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 108.5411
Average Volume 417,347
200-Day Moving Average 146.17
50-Day Moving Average 158.33
20-Day Moving Average 159.87
10-Day Moving Average 154.05
Average True Range 5.00
RSI (14) 45.36
ADX 14.09
+DI 24.13
-DI 19.97
Chandelier Exit (Long, 3 ATRs) 162.88
Chandelier Exit (Short, 3 ATRs) 164.39
Upper Bollinger Bands 174.73
Lower Bollinger Band 145.01
Percent B (%b) 0.33
BandWidth 18.59
MACD Line -2.25
MACD Signal Line -1.62
MACD Histogram -0.6351
Fundamentals Value
Market Cap 5.64 Billion
Num Shares 36.4 Million
EPS 19.94
Price-to-Earnings (P/E) Ratio 7.76
Price-to-Sales 0.92
Price-to-Book 1.22
PEG Ratio 1.28
Dividend 1.08
Dividend Yield 0.70%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 164.67
Resistance 3 (R3) 165.37 162.74 163.00
Resistance 2 (R2) 162.74 160.20 162.39 162.45
Resistance 1 (R1) 158.72 158.63 157.41 158.02 161.89
Pivot Point 156.09 156.09 155.44 155.74 156.09
Support 1 (S1) 152.07 153.55 150.76 151.37 147.49
Support 2 (S2) 149.44 151.98 149.09 146.93
Support 3 (S3) 145.42 149.44 146.38
Support 4 (S4) 144.72