MERITAGE HOMES CORP (MTH)
US59001A1025 - Common Stock
Taking everything into account, MTH scores 0 out of 10 in our technical rating. MTH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MTH is a bad performer in the overall market: 86% of all stocks are doing better.
MTH is one of the lesser performing stocks in the Household Durables industry. 66% of 66 stocks in the same industry do better.
MTH is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MTH is lagging the market.
In the last month MTH has a been trading in the 74.30 - 93.25 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
MTH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 74.48, a Stop Loss order could be placed below this zone.
More info and screens
73.74
104.00
We found 1 important support area.
- A support zone ranging from 74.48 to 75.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @78.05 from a horizontal line in the daily time frame.
- Resistance @89.07 from a trend line in the weekly time frame.
- Resistance @92.62 from a trend line in the daily time frame.
- Resistance @102.97 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.22
Mansfield-2.11
10 Day High78.66
10 Day Low74.3
20 Day High93.26
20 Day Low74.3
52 Week High106.99
52 Week Low73.89
Performance
1 Week-2.9%
2 Weeks-3.64%
1 Month-17.51%
3 Month-23.12%
6 Month-16.28%
12 Month-13.35%
2 Year38.34%
3 Year46.02%
5 Year109.95%
10 Year309.17%
15 Year565.39%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)25.24
LBB73.62
UBB80.49
MERITAGE HOMES CORP
NYSE:MTH (1/8/2025, 3:19:07 PM)
76.03
+1.54 (+2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.07%
1 Week-2.9%
2 Weeks-3.64%
1 Month-17.51%
3 Month-23.12%
6 Month-16.28%
12 Month-13.35%
2 Year38.34%
3 Year46.02%
5 Year109.95%
10 Year309.17%
15 Year565.39%
Volatility
ATR(14)2.25
ATR(20)%3.34%
ATR Inc-11.12%
Range Today3.46
ADR(20)2.31
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.22
Mansfield-2.11
10 Day High78.66
10 Day Low74.3
20 Day High93.26
20 Day Low74.3
52 Week High106.99
52 Week Low73.89
CS1 End74.48
CR1 Start74.5
Volume & EV
DER(3)-2.7%
DER(5)-1.69%
Volume521.80K
Volume Incr88.64%
Vol(5)928.14K
Vol(50)516.94K