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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Meritage Homes Corporation (NYSE:MTH)
Crossroads (-60) - MTH is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 146.29
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 194.67
The short-term trend has been DOWN since Nov 12th, 2024 at 184.49
Smart Scan Analysis for MTH
Based on our trend formula, MTH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 176.49 | 178.85 | 174.09 | 178.42 | +0.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 178.25 | 140750 | 2024-11-19 15:59:37 |
| Year High | 54.9 | Year High Date | 2018-01-08 |
| Year Low | 32.02 | Year Low Date | 2018-10-23 |
| 52wk High | 213.98 | 52wk High Date | 2024-09-19 |
| 52wk Low | 137.7 | 52wk Low Date | 2023-11-30 |
| Year End Close | 37.35 | Average Volume | 507,300 |
| Shares Outstanding | 36,180 | Short Interest | 1,693,861 |
| % Institutional | 98.4 | Market Cap | 2,563M |
| Assets | 710,345,200M | Liabilities | 207,366,200M |
| P/E Ratio | 8.0326 | Beta | 1.46 |
| Volatility | 44.07 |