(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 2024-09-20 View latest technical analysis
10 day averaged volume of Mercantil Bank is 73150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 21.66 | 22.35 | 22.45 | 21.50 | 4.58 times |
| 19 Thu Sep 2024 | 22.56 | 22.64 | 22.64 | 22.05 | 1.522 times |
| 18 Wed Sep 2024 | 22.00 | 21.87 | 22.90 | 21.47 | 1.11 times |
| 17 Tue Sep 2024 | 21.92 | 22.02 | 22.33 | 21.38 | 0.999 times |
| 16 Mon Sep 2024 | 21.71 | 21.73 | 21.88 | 21.30 | 0.924 times |
| 13 Fri Sep 2024 | 21.61 | 21.00 | 21.62 | 20.93 | 1.225 times |
| 12 Thu Sep 2024 | 20.77 | 20.73 | 20.79 | 20.13 | 0.785 times |
| 11 Wed Sep 2024 | 20.54 | 20.66 | 20.66 | 19.92 | 0.757 times |
| 10 Tue Sep 2024 | 20.94 | 20.92 | 20.98 | 20.49 | 0.935 times |
| 09 Mon Sep 2024 | 20.85 | 20.73 | 21.10 | 20.65 | 1.028 times |
Stock of Mercantil Bank (AMTB) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 22 or till 22.7. Use a stoploss of 21.5 and if this stock hits its stoploss, then it can fall down till 20.97
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.54 |
| Downside Target | 19.92 |
| Downside Target | 20.44 |
| Upside Target | 22.11 |
| Upside Target | 22.17 |
| Upside Target | 22.44 |
| Upside Target | 22.65 |
| Upside Target | 22.78 |
| Upside Target | 22.90 |
| Upside Target | 23.55 |
| Upside Target | 27.00 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 21.01 |
| Downside Intraday Target | 20.35 |
| Upside Intraday Target | 22.61 |
| Upside Intraday Target | 23.55 |
| Upside Intraday Target | 21.95 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 21.66 | 21.73 | 22.90 | 21.30 | 1.931 times |
| 13 Fri Sep 2024 | 21.61 | 20.73 | 21.62 | 19.92 | 1.551 times |
| 06 Fri Sep 2024 | 20.73 | 21.92 | 22.11 | 20.44 | 1.589 times |
| 30 Fri Aug 2024 | 22.06 | 22.02 | 22.17 | 21.64 | 0.272 times |
| 30 Fri Aug 2024 | 22.06 | 22.44 | 22.44 | 21.04 | 1.275 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 |
| 20 Fri Sep 2024 | 21.66 | 21.92 | 22.90 | 19.92 | 0.473 times |
| 30 Fri Aug 2024 | 22.06 | 22.51 | 22.65 | 18.54 | 0.615 times |
| 31 Wed Jul 2024 | 22.49 | 22.64 | 27.00 | 21.65 | 1.395 times |
| 28 Fri Jun 2024 | 22.70 | 22.35 | 22.78 | 20.71 | 1.865 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Mercantil Bank stock for short term is BUY. 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 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantil Bank in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 21.58 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Mercantil Bank stock for short term is BUY. 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 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantil Bank in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 21.58 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.