Meritage Homes Corporation (MTH) Technical Analysis

$69.37▲-2.39%

Insights

Meritage Homes is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Meritage Homes stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Meritage Homes stock is Range bound.
Based on analysis of the Pivot Points, the current market trend for Meritage Homes stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	57.2	Neutral
Stochastic	76.93, 67.37	Neutral
Ultimate Oscillator	50.5	Neutral
Stochastic Relative Strength Index	87.09, 83.78	Neutral
Moving Average Convergence Divergence	0.12, -0.38	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	68.19	Buy
20	67.19	Sell
50	69.27	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	68.43	Buy
20	68.04	Sell
50	69.51	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	68.29	Neutral
20	67.41	Neutral
50	69.38	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	69.25	Buy
20	67.98	Buy
50	66.22	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	69.73	Buy
20	69.15	Buy
50	66.48	Buy

Pivot

Pivot	Value
Resistance L3	70.4
Resistance L2	69.82
Resistance L1	69.02
Pivot Point	68.44
Support L1	67.64
Support L2	67.06
Support L3	66.26

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.