
Technical analysis of Meritage Homes Corporation (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Meritage Homes Corporation is a homebuilding company founded in 1985 and based in Scottsdale, Arizona. The company designs and constructs single-family homes for entry-level and first move-up buyers across twelve U.S. states, while also operating a financial services segment. Through its two business segments, Meritage Homes acquires and develops land, builds and markets homes, and provides mortgage, insurance, and closing services to homebuyers.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
62.17 $
−4.82%
50 sessions
66.09 $
−10.47%
200 sessions
68.48 $
−13.59%
s2
58.67
Support
s1
59.48
Support
pivot
60.12
Pivot
r1
60.93
Resistance
r2
61.57
Resistance
In the October 16, 2026 session Meritage Homes Corporation closed lower at 59.17 $, −1.84% versus the previous session.
The price sits below every moving average observed: −4.82% against the 21-session average, −10.47% against the 50 and −13.59% against the 200.
The 14-period RSI reads 39.1, in neutral territory.
MACD stands at -2.071 against a signal line at -1.952: the histogram is negative (−0.119).
ADX reads 26.6, indicating a marked directionality.
Levels computed on the latest session place supports at 59.48 and 58.67 $ and resistances at 60.93 and 61.57 $, around a pivot of 60.12.
The average daily range (ATR) is 2.107 $, or 3.56% of price.
Turnover was 714.3K shares, 77% of the 20-session average.
Over the last twelve months the price ranged between 56.66 and 84.75 $, and today stands −30.18% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Meritage Homes Corporation analysed technically?
Technical analysis of Meritage Homes Corporation is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Meritage Homes Corporation?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Meritage Homes Corporation?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Meritage Homes Corporation it helps frame the technical structure of the historical chart and is not a forecast.
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