Mobile app version of saymnc.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-22 View latest technical analysis

10 day averaged volume of Mercantil Bank is 199140

Date Daily Closing Price Open High Low Volume
22 Mon Jul 2024 26.31 25.80 26.53 25.47 0.845 times
19 Fri Jul 2024 25.80 26.05 26.47 25.59 0.923 times
18 Thu Jul 2024 26.02 26.54 26.99 25.87 1.102 times
17 Wed Jul 2024 26.61 25.53 26.66 25.53 1.433 times
16 Tue Jul 2024 25.84 25.19 26.00 25.05 1.719 times
15 Mon Jul 2024 25.01 24.70 25.05 24.49 1.574 times
12 Fri Jul 2024 24.32 24.58 24.58 24.08 1.006 times
11 Thu Jul 2024 24.23 23.75 24.23 23.50 1.024 times
10 Wed Jul 2024 23.30 22.55 23.30 22.55 0.508 times
09 Tue Jul 2024 22.50 22.34 22.63 22.13 0.37 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 25.3, but if it comes below 25.3, then a intra day sell could be more profitable.
If you take a sell trade below 25.3, then use 25.3 as stoploss and 23.58 as target. However if you take a buy trade in stock , then use 25.3 as stoploss and 27.4 as target.

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 23.43
Downside Target 23.55
Downside Target 24.49
Downside Target 24.58
Downside Target 25.47
Upside Target 26.53
Upside Target 26.99

Intraday share price targets for Mercantil Bank (AMTB)

Target Type Value
Downside Intraday Target 25.68
Downside Intraday Target 25.04
Upside Intraday Target 26.74
Upside Intraday Target 27.16
Downside Intraday Target 26.1

Weekly technical analysis of Mercantil Bank (AMTB)

Date Weekly Closing Price Open High Low Volume
22 Mon Jul 2024 26.31 25.80 26.53 25.47 0.125 times
19 Fri Jul 2024 25.80 24.70 26.99 24.49 2.078 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

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
22 Mon Jul 2024 26.31 22.64 26.99 21.94 0.872 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mercantil Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.33 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mercantil Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.33 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme