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Stock Trend Analysis Report

Prepared for you on Tuesday, September 26, 2023.

Meritage Homes Corporation (NYSE:MTH)

Weak Downtrend (-65) - MTH is showing signs of a strengthening downtrend. Monitor MTH as it may be building momentum to the downside.

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.

Open High Low MTH Price Change
121.94 125.07 121.94 123.16 +0.44
Entry Signal

MarketClub’s Trade Triangles for MTH

long term up The long-term trend has been UP since Dec 1st, 2022 at 86.68

intermediate term down The intermediate-term trend has been DOWN since Aug 17th, 2023 at 138.00

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 126.56

Smart Scan Analysis for MTH

Based on our trend formula, MTH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MTH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
121.94 125.07 121.94 123.16 +0.44
Prev. Close Volume Bid Ask Time
123.23 179708 2023-09-25 16:00:00
Year High54.9Year High Date2018-01-08
Year Low32.02Year Low Date2018-10-23
52wk High152.5552wk High Date2023-07-28
52wk Low65.40552wk Low Date2022-10-21
Year End Close37.35Average Volume325,052
Shares Outstanding36,765Short Interest1,693,861
% Institutional98.4Market Cap2,563M
P/E Ratio5.0298Beta1.46
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