Meritage Homes Corporation
Price Action
Technical Summary
WEAKENINGMeritage Homes Corporation is in a technical downtrend, trading below key resistance levels with a broken trend structure. Relative strength is moderate (RS Rating: 68), indicating performance broadly in line with the market. Earnings contraction of 51% provides fundamental context to the price action. However, price is extended 23% above the 50-day line, increasing the risk of a mean reversion.
Trend Template (Minervini)
Price vs Moving Averages
| Period | Value | Spread | Signal |
|---|---|---|---|
| 20 SMA | $72.10 | +15.60% | ABOVE |
| 50 SMA | $68.03 | +22.51% | ABOVE |
| 100 SMA | $68.49 | +21.69% | ABOVE |
| 150 SMA | $69.20 | +20.44% | ABOVE |
| 200 SMA | $69.65 | +19.65% | ABOVE |
Price Performance
Technical Indicators
Risk Profile
Volume Analysis
Earnings Momentum
Growth Trends
Compounded Sales Growth
Compounded Profit Growth
Stock Price CAGR
Return on Equity
Key Metrics
Frequently Asked Questions
Is MTH in an uptrend right now?
MTH has a trend score of 1/4 based on Minervini's Stage Analysis. Currently showing broken structure - 1 of 4 trend criteria are met.
Is MTH overbought or oversold?
MTH's RSI (14) is 75. The stock is in overbought territory (RSI > 70), which may signal a pullback.
Is MTH outperforming the market?
MTH has a Relative Strength (RS) Rating of 68 out of 99. MTH is performing about average compared to the market.
Where is MTH in its 52-week range?
MTH is trading at $83.34, which is 98% of its 52-week high ($84.74) and 95% above its 52-week low ($58.03).
How volatile is MTH?
MTH has a Beta of 1.09 and 52-week volatility of 39%. It's more volatile than the S&P 500 - expect bigger swings.