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Stock Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Meritage Homes Corp (NYSE:MTH)

Long-Term Downtrend (-90) - MTH is in a strong downtrend that is likely to continue. While MTH is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NYSE_MTH
Open High Low MTH Price Change
30.77 32.63 30.25 32.02 +1.17
Entry Signal

MarketClub’s Trade Triangles for MTH

long term down The long-term trend has been DOWN since Dec 16th, 2019 at 63.66

intermediate term down The intermediate-term trend has been DOWN since Feb 18th, 2020 at 67.38

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 36.87

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).

-90
Smart Scan Analysis for MTH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.77 32.63 30.25 32.02 +1.17
Prev. Close Volume Bid Ask Time
38.07 796905 2020-04-03 15:59:57
Year High54.9Year High Date2018-01-08
Year Low32.02Year Low Date2018-10-23
52wk High76.8352wk High Date2019-10-25
52wk Low25.2452wk Low Date2020-03-18
Year End Close37.35Average Volume839,881
Shares Outstanding38,125Short Interest1,693,861
% Institutional98.4Market Cap2,563M
Assets339,824,900MLiabilities142,425,900M
P/E Ratio5.9Beta1.46
Volatility44.07
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