Technical Analysis for MTH - Meritage Homes Corporation

Grade Last Price % Change Price Change
A 111.27 0.45% 0.50
MTH closed up 0.45 percent on Wednesday, March 22, 2023, on 1.12 times normal volume.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bullish Other 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
MACD Bullish Signal Line Cross Bullish 0.45%
Bollinger Band Squeeze Range Contraction 0.45%
BB Squeeze + Upper Band Touch Range Contraction 0.45%

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

Alert Time
Rose Above Previous Day's High about 10 hours ago
Outside Day about 10 hours ago
Up 2% about 10 hours ago
60 Minute Opening Range Breakout about 14 hours ago
Up 1% about 15 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 116.9168
52 Week Low 62.3782
Average Volume 436,505
200-Day Moving Average 87.19
50-Day Moving Average 107.31
20-Day Moving Average 108.35
10-Day Moving Average 108.30
Average True Range 3.46
RSI 57.98
ADX 15.16
+DI 22.39
-DI 18.51
Chandelier Exit (Long, 3 ATRs) 103.12
Chandelier Exit (Short, 3 ATRs) 114.00
Upper Bollinger Bands 111.82
Lower Bollinger Band 104.87
Percent B (%b) 0.92
BandWidth 6.42
MACD Line 0.75
MACD Signal Line 0.54
MACD Histogram 0.2124
Fundamentals Value
Market Cap 4.19 Billion
Num Shares 37.6 Million
EPS 9.70
Price-to-Earnings (P/E) Ratio 11.47
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) 117.21
Resistance 3 (R3) 117.30 115.40 116.22
Resistance 2 (R2) 115.40 113.89 115.36 115.89
Resistance 1 (R1) 113.34 112.96 114.37 113.25 115.56
Pivot Point 111.44 111.44 111.96 111.40 111.44
Support 1 (S1) 109.38 109.93 110.41 109.29 106.98
Support 2 (S2) 107.48 109.00 107.44 106.65
Support 3 (S3) 105.42 107.48 106.32
Support 4 (S4) 105.33