(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 2024-07-18 View latest technical analysis
10 day averaged volume of Mercantil Bank is 176400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 26.02 | 26.54 | 26.99 | 25.87 | 1.244 times |
| 17 Wed Jul 2024 | 26.61 | 25.53 | 26.66 | 25.53 | 1.617 times |
| 16 Tue Jul 2024 | 25.84 | 25.19 | 26.00 | 25.05 | 1.94 times |
| 15 Mon Jul 2024 | 25.01 | 24.70 | 25.05 | 24.49 | 1.777 times |
| 12 Fri Jul 2024 | 24.32 | 24.58 | 24.58 | 24.08 | 1.135 times |
| 11 Thu Jul 2024 | 24.23 | 23.75 | 24.23 | 23.50 | 1.156 times |
| 10 Wed Jul 2024 | 23.30 | 22.55 | 23.30 | 22.55 | 0.574 times |
| 09 Tue Jul 2024 | 22.50 | 22.34 | 22.63 | 22.13 | 0.418 times |
| 08 Mon Jul 2024 | 22.22 | 22.29 | 22.51 | 22.12 | 0.385 times |
| 05 Fri Jul 2024 | 22.06 | 22.42 | 22.44 | 21.94 | 0.491 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 26.8, for a target of 24.8 or 23.08
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 20.36 |
| Downside Target | 21.38 |
| Downside Target | 21.94 |
| Downside Target | 22.78 |
| Downside Target | 23.00 |
| Downside Target | 23.39 |
| Downside Target | 23.43 |
| Downside Target | 23.55 |
| Downside Target | 24.49 |
| Downside Target | 24.58 |
| Upside Target | 26.99 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 24.68 |
| Downside Intraday Target | 23.33 |
| Upside Intraday Target | 27.18 |
| Upside Intraday Target | 28.33 |
| Downside Intraday Target | 25.83 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 26.02 | 24.70 | 26.99 | 24.49 | 1.794 times |
| 12 Fri Jul 2024 | 24.32 | 22.29 | 24.58 | 22.12 | 3.676 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mercantil Bank (AMTB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 26.02 | 22.64 | 26.99 | 21.94 | 0.756 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 up 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 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 short 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 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 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.
ADX buy sell signal for Mercantil Bank stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantil Bank in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantil Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 negative zone. This is the SELL 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 24.94 and Mercantil Bank (AMTB) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
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 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 short 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 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 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.
ADX buy sell signal for Mercantil Bank stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantil Bank in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantil Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 negative zone. This is the SELL 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 24.94 and Mercantil Bank (AMTB) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.