Logo image of MTH

MERITAGE HOMES CORP (MTH) Stock Technical Analysis

NYSE:MTH - New York Stock Exchange, Inc. - US59001A1025 - Common Stock - Currency: USD

70.436  -2.16 (-2.98%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to MTH. In the past year, MTH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

83% of all other stocks performed better in the past year than MTH.
MTH is one of the lesser performing stocks in the Household Durables industry. 61% of 63 stocks in the same industry do better.
MTH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MTH has a been trading in the 62.09 - 76.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MERITAGE HOMES CORP / MTH Weekly stock chart
MERITAGE HOMES CORP / MTH Daily stock chart
Setup Rating and Analysis

3

MTH has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

61.82

76.11

2 important support areas can be observed.

  • A support zone ranging from 63.61 to 64.29. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 62.44 to 62.53. This zone is formed by a combination of multiple trend lines in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @73.77 from a horizontal line in the weekly time frame.
  • Resistance @75.36 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for MTH is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MTH is up.
ChartMill Relative Strength17.9NEGATIVEMTH has a low relative strength, it was outperformed by 82.1% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MTH is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MTH is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of MTH is below a declining SMA(200).
Relative Strength Index/RSI (14)59.12NEUTRALThe RSI value for MTH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.66POSITIVEThe MACD value suggests MTH has a positive trend, although the MACD value is declining.
Stochastics (14,3)78.59NEUTRALThe Stochastics value for MTH is a neutral value.
Average True Range in percent/ATR (20)3.58MEDIUM VOLATILITYThe ATR as a percentage value for MTH suggests some volalility.
Average Directional Index/ADX (14)23.73NEUTRALThe ADX value for MTH suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
MERITAGE HOMES CORP / MTH Daily stock chart

MERITAGE HOMES CORP

NYSE:MTH (7/15/2025, 12:19:32 PM)

70.436

-2.16 (-2.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-2.98%
1 Week5.75%
2 Weeks8.75%
1 Month10.08%
3 Month11.47%
6 Month-9.9%
12 Month-23.62%
2 Year-2.52%
3 Year64.44%
5 Year46.4%
10 Year221.95%
15 Year725.94%
Volatility
ATR(14)2.7
ATR(20)%3.58%
ATR Inc-16.22%
Range Today2.7
ADR(20)2.48
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.9
Mansfield-1.71
10 Day High76.59
10 Day Low66
20 Day High76.59
20 Day Low62.09
52 Week High106.99
52 Week Low59.27
CS1 End64.29
CR1 Start73.77
Volume & EV
DER(3)1.49%
DER(5)1.01%
Volume327.43K
Volume Incr34.29%
Vol(5)1.25M
Vol(50)894.42K