Technical Analysis for MTH - Meritage Homes Corporation

Grade Last Price % Change Price Change
B 200.10 3.59% 6.94
MTH closed up 3.59 percent on Friday, July 26, 2024, on 1.36 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
180 Bullish Setup Bullish Swing Setup 3.59%
Pocket Pivot Bullish Swing Setup 3.59%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 8 hours ago
2x Volume Pace about 13 hours ago
1.5x Volume Pace about 14 hours ago
Gapped Up (Full) about 14 hours ago
Bullish 180 Entry about 14 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 205.2
52 Week Low 108.0555
Average Volume 462,333
200-Day Moving Average 158.04
50-Day Moving Average 172.94
20-Day Moving Average 176.04
10-Day Moving Average 191.90
Average True Range 7.50
RSI (14) 70.41
ADX 34.07
+DI 42.01
-DI 16.69
Chandelier Exit (Long, 3 ATRs) 182.69
Chandelier Exit (Short, 3 ATRs) 174.61
Upper Bollinger Bands 210.83
Lower Bollinger Band 141.25
Percent B (%b) 0.85
BandWidth 39.53
MACD Line 8.45
MACD Signal Line 5.92
MACD Histogram 2.5242
Fundamentals Value
Market Cap 7.29 Billion
Num Shares 36.4 Million
EPS 19.94
Price-to-Earnings (P/E) Ratio 10.04
Price-to-Sales 0.92
Price-to-Book 1.22
PEG Ratio 1.28
Dividend 1.08
Dividend Yield 0.54%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 209.27
Resistance 3 (R3) 209.55 206.77 207.74
Resistance 2 (R2) 206.77 204.44 206.63 207.23
Resistance 1 (R1) 203.44 203.00 205.11 203.16 206.72
Pivot Point 200.66 200.66 201.50 200.52 200.66
Support 1 (S1) 197.33 198.33 199.00 197.05 193.48
Support 2 (S2) 194.55 196.89 194.41 192.97
Support 3 (S3) 191.22 194.55 192.46
Support 4 (S4) 190.94