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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Meritage Homes Corporation (NYSE:MTH)
Long-Term Uptrend (+90) - MTH is in a strong uptrend that is likely to continue. While MTH is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MTH?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MTH
The long-term trend has been UP since Dec 1st, 2023 at 146.290
The intermediate-term trend has been UP since May 3rd, 2024 at 174.255
The short-term trend has been UP since May 2nd, 2024 at 172.790
Smart Scan Analysis for MTH
Based on our trend formula, MTH is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 179.000 | 181.960 | 178.530 | 180.665 | +0.085 |
| Prev. Close | Volume | Bid | Ask | Time |
| 180.720 | 506481 | 2024-05-08 15:59:43 |
| Year High | 54.9 | Year High Date | 2018-01-08 |
| Year Low | 32.02 | Year Low Date | 2018-10-23 |
| 52wk High | 183.78 | 52wk High Date | 2024-05-07 |
| 52wk Low | 109.23 | 52wk Low Date | 2023-11-01 |
| Year End Close | 37.35 | Average Volume | 436,245 |
| Shares Outstanding | 36,319 | Short Interest | 1,693,861 |
| % Institutional | 98.4 | Market Cap | 2,563M |
| Assets | 648,930,500M | Liabilities | 176,873,200M |
| P/E Ratio | 8.4226 | Beta | 1.46 |
| Volatility | 44.07 |