Technical Analysis for MTH - Meritage Homes Corporation

Grade Last Price % Change Price Change
B 175.32 -0.97% -1.72
MTH closed down 0.97 percent on Monday, May 6, 2024, on 1.9 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 Uptrend Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup -0.97%
Cup with Handle Other -0.97%
Calm After Storm Range Contraction -0.97%
New 52 Week High Strength -0.97%
Stochastic Reached Overbought Strength -0.97%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 8 hours ago
1.5x Volume Pace about 14 hours ago
Gapped Down (Full) about 14 hours ago
Gilligan's Island Bearish Entry about 14 hours ago
Fell Below Previous Day's Low 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 183.25
52 Week Low 108.5411
Average Volume 436,612
200-Day Moving Average 147.29
50-Day Moving Average 161.13
20-Day Moving Average 161.15
10-Day Moving Average 167.46
Average True Range 5.98
RSI (14) 64.03
ADX 25.58
+DI 37.60
-DI 15.61
Chandelier Exit (Long, 3 ATRs) 165.31
Chandelier Exit (Short, 3 ATRs) 167.34
Upper Bollinger Bands 178.21
Lower Bollinger Band 144.08
Percent B (%b) 0.92
BandWidth 21.18
MACD Line 3.52
MACD Signal Line 1.36
MACD Histogram 2.1566
Fundamentals Value
Market Cap 6.39 Billion
Num Shares 36.4 Million
EPS 19.94
Price-to-Earnings (P/E) Ratio 8.79
Price-to-Sales 0.92
Price-to-Book 1.22
PEG Ratio 1.28
Dividend 1.08
Dividend Yield 0.62%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 181.67
Resistance 3 (R3) 181.27 178.76 180.61
Resistance 2 (R2) 178.76 177.14 178.96 180.25
Resistance 1 (R1) 177.04 176.15 177.90 177.44 179.90
Pivot Point 174.53 174.53 174.96 174.73 174.53
Support 1 (S1) 172.81 172.91 173.67 173.21 170.74
Support 2 (S2) 170.30 171.92 170.50 170.39
Support 3 (S3) 168.58 170.30 170.03
Support 4 (S4) 168.98