Technical Analysis for MTH - Meritage Homes Corporation

Grade Last Price % Change Price Change
D 156.15 -3.52% -5.70
MTH closed down 3.52 percent on Monday, July 1, 2024, on 86 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.
2 Watchers
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
Expansion Breakdown Bearish Swing Setup 0.00%
Multiple of Ten Bearish Other 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Gapped Up Strength -3.52%
Down 3 Days in a Row Weakness -3.52%
Down 4 Days in a Row Weakness -3.52%

   Recent Intraday Alerts

Alert Time
Lower Bollinger Band Support about 5 hours ago
Fell Below Lower Bollinger Band about 9 hours ago
Down 3% about 10 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Down 1 ATR about 10 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 189.1101
52 Week Low 108.0555
Average Volume 447,174
200-Day Moving Average 152.95
50-Day Moving Average 169.84
20-Day Moving Average 166.15
10-Day Moving Average 162.55
Average True Range 4.75
RSI (14) 35.90
ADX 10.77
+DI 21.66
-DI 27.93
Chandelier Exit (Long, 3 ATRs) 164.86
Chandelier Exit (Short, 3 ATRs) 169.94
Upper Bollinger Bands 176.54
Lower Bollinger Band 155.77
Percent B (%b) 0.02
BandWidth 12.50
MACD Line -3.13
MACD Signal Line -2.38
MACD Histogram -0.7528
Fundamentals Value
Market Cap 5.69 Billion
Num Shares 36.4 Million
EPS 19.94
Price-to-Earnings (P/E) Ratio 7.83
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) 167.55
Resistance 3 (R3) 168.66 165.98 165.65
Resistance 2 (R2) 165.98 163.07 165.42 165.02
Resistance 1 (R1) 161.06 161.28 159.72 159.95 164.38
Pivot Point 158.38 158.38 157.71 157.82 158.38
Support 1 (S1) 153.46 155.47 152.12 152.35 147.92
Support 2 (S2) 150.78 153.68 150.22 147.28
Support 3 (S3) 145.86 150.78 146.65
Support 4 (S4) 144.75