Free Daily Analysis
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.
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MarketClub’s Trade Triangles for MTH
The long-term trend has been UP since Dec 1st, 2022 at 86.68
The intermediate-term trend has been DOWN since Aug 17th, 2023 at 138.00
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).
-70
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 High | 54.9 | Year High Date | 2018-01-08 |
| Year Low | 32.02 | Year Low Date | 2018-10-23 |
| 52wk High | 152.55 | 52wk High Date | 2023-07-28 |
| 52wk Low | 65.405 | 52wk Low Date | 2022-10-21 |
| Year End Close | 37.35 | Average Volume | 325,052 |
| Shares Outstanding | 36,765 | Short Interest | 1,693,861 |
| % Institutional | 98.4 | Market Cap | 2,563M |
| Assets | 587,114,600M | Liabilities | 180,393,600M |
| P/E Ratio | 5.0298 | Beta | 1.46 |
| Volatility | 44.07 |
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