Technical Analysis for MTH - Meritage Homes Corporation

Grade Last Price % Change Price Change
D 150.43 0.23% 0.34
MTH closed up 0.23 percent on Friday, April 19, 2024, on 68 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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 Down

Date Alert Name Type % Chg
Multiple of Ten Bullish Other 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Multiple of Ten Bullish Other 0.23%
Inside Day Range Contraction 0.23%
Gapped Up Strength 0.23%
Down 3 Days in a Row Weakness 0.23%
Down 4 Days in a Row Weakness 0.23%
Oversold Stochastic Weakness 0.23%
Lower Bollinger Band Walk Weakness 0.19%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 17 hours ago
Possible Inside Day about 17 hours ago
60 Minute Opening Range Breakdown about 18 hours ago
Up 1% about 21 hours ago
Possible Inside Day 1 day 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 422,272
200-Day Moving Average 145.83
50-Day Moving Average 158.38
20-Day Moving Average 161.63
10-Day Moving Average 155.93
Average True Range 4.82
RSI (14) 37.11
ADX 15.34
+DI 18.45
-DI 25.83
Chandelier Exit (Long, 3 ATRs) 163.41
Chandelier Exit (Short, 3 ATRs) 163.87
Upper Bollinger Bands 176.41
Lower Bollinger Band 146.85
Percent B (%b) 0.12
BandWidth 18.29
MACD Line -2.66
MACD Signal Line -0.86
MACD Histogram -1.8075
Fundamentals Value
Market Cap 5.48 Billion
Num Shares 36.4 Million
EPS 19.94
Price-to-Earnings (P/E) Ratio 7.54
Price-to-Sales 0.92
Price-to-Book 1.22
PEG Ratio 1.28
Dividend 1.08
Dividend Yield 0.72%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 154.79
Resistance 3 (R3) 155.06 153.89 154.06
Resistance 2 (R2) 153.89 152.78 153.75 153.82
Resistance 1 (R1) 152.16 152.09 153.02 151.88 153.58
Pivot Point 150.98 150.98 151.41 150.84 150.98
Support 1 (S1) 149.25 149.87 150.12 148.98 147.28
Support 2 (S2) 148.08 149.19 147.94 147.04
Support 3 (S3) 146.35 148.08 146.80
Support 4 (S4) 146.07