(AMTB) Mercantil Bank complete technical analysis [charts+indicators] | Buy/Sell Mercantil Bank | (AMTB) share price targets
Complete technical analysis of Mercantil Bank (AMTB) by charts plus indicators, forecast predictions and share price targets for Mercantil Bank (AMTB)
Mercantil Bank trades in USA in Finance sector.
Showing technical analysis as on 2024-07-08 View latest technical analysis
10 day averaged volume of Mercantil Bank is 200030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 22.22 | 22.29 | 22.51 | 22.12 | 0.339 times |
| 05 Fri Jul 2024 | 22.06 | 22.42 | 22.44 | 21.94 | 0.433 times |
| 03 Wed Jul 2024 | 22.50 | 22.84 | 22.93 | 22.45 | 0.446 times |
| 03 Wed Jul 2024 | 22.50 | 22.84 | 22.93 | 22.45 | 0.446 times |
| 02 Tue Jul 2024 | 22.92 | 22.90 | 23.00 | 22.68 | 0.487 times |
| 01 Mon Jul 2024 | 22.70 | 22.64 | 22.95 | 22.26 | 0.671 times |
| 28 Fri Jun 2024 | 22.70 | 21.91 | 22.78 | 21.83 | 4.827 times |
| 27 Thu Jun 2024 | 21.80 | 21.47 | 21.85 | 21.37 | 0.576 times |
| 26 Wed Jun 2024 | 21.34 | 20.71 | 21.48 | 20.71 | 0.64 times |
| 25 Tue Jun 2024 | 20.94 | 21.16 | 21.30 | 20.93 | 0.512 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 22.4 as stoploss in an intra day sell trade for a target of 21.76. However, stock will show a bullish move above 22.4.
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 20.36 |
| Downside Target | 21.38 |
| Upside Target | 22.51 |
| Upside Target | 22.78 |
| Upside Target | 22.93 |
| Upside Target | 23.00 |
| Upside Target | 23.39 |
| Upside Target | 23.43 |
| Upside Target | 23.55 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 22.06 |
| Downside Intraday Target | 21.89 |
| Upside Intraday Target | 22.45 |
| Upside Intraday Target | 22.67 |
| Upside Intraday Target | 22.28 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 22.22 | 22.29 | 22.51 | 22.12 | 0.386 times |
| 05 Fri Jul 2024 | 22.06 | 22.84 | 22.93 | 21.94 | 0.548 times |
| 03 Wed Jul 2024 | 22.50 | 22.64 | 23.00 | 22.26 | 0.214 times |
| 28 Fri Jun 2024 | 22.70 | 21.01 | 22.78 | 20.71 | 3.047 times |
| 21 Fri Jun 2024 | 20.82 | 21.66 | 21.73 | 20.76 | 1.96 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mercantil Bank (AMTB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 22.22 | 22.64 | 23.00 | 21.94 | 0.185 times |
| 28 Fri Jun 2024 | 22.70 | 22.35 | 22.78 | 20.71 | 1.865 times |
| 31 Fri May 2024 | 22.04 | 21.88 | 23.55 | 21.38 | 0.963 times |
| 30 Tue Apr 2024 | 21.66 | 23.39 | 23.39 | 20.64 | 1.06 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mercantil Bank (AMTB)
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantil Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantil Bank in short term and the buy signal is strong.
Mercantil Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantil Bank in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mercantil Bank is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.4 and Mercantil Bank (AMTB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mercantil Bank (AMTB) stock. Volume based technical analysis of Mercantil Bank (AMTB) stock is negative.
Mercantil Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantil Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantil Bank in short term and the buy signal is strong.
Mercantil Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantil Bank in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mercantil Bank is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.4 and Mercantil Bank (AMTB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mercantil Bank (AMTB) stock. Volume based technical analysis of Mercantil Bank (AMTB) stock is negative.
Mercantil Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.