Meritage Homes (MTH) Bullish Technical Alert - Trend Up 20.9%

Posted on: Tue, 01 Sep 2009 12:31:00 EDT

Symbols: MTH

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Sep 01, 2009 (SmarTrend(R) Spotlight via COMTEX) --
MTH | Quote | Chart | News | PowerRating -- Meritage Homes (NYSE:MTH) is trading 2.5% higher (up $0.56 to $22.97) today on volume of 126,514 shares. The stock has traded within a 52-week range of $5.10 and $29.49.

Meritage Homes is currently above its 50-day moving average of $20.17 and above its 200-day moving average of $15.45.

SmarTrend is bullish on shares of MTH and our subscribers received an Uptrend alert on July 17, 2009 at $19.00, which has returned 20.9% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Meritage Homes Corp (MTH) MTH. Meritage Homes Corp (MTH) has Short Term PowerRatings at TradingMarkets. Details on Meritage Homes Corp (MTH) Short Term PowerRatings is available at This Link.

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