(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 2024-10-11 View latest technical analysis
10 day averaged volume of Mercantil Bank is 256170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 20.17 | 19.82 | 20.36 | 19.82 | 1.087 times |
| 10 Thu Oct 2024 | 19.66 | 19.62 | 19.79 | 19.48 | 0.638 times |
| 09 Wed Oct 2024 | 19.82 | 19.89 | 20.22 | 19.81 | 0.533 times |
| 08 Tue Oct 2024 | 19.92 | 20.28 | 20.28 | 19.89 | 0.597 times |
| 07 Mon Oct 2024 | 20.15 | 20.29 | 20.43 | 20.06 | 0.279 times |
| 04 Fri Oct 2024 | 20.43 | 20.64 | 20.70 | 20.37 | 0.526 times |
| 03 Thu Oct 2024 | 20.18 | 20.02 | 20.34 | 20.00 | 0.433 times |
| 02 Wed Oct 2024 | 20.26 | 20.07 | 20.42 | 20.00 | 0.648 times |
| 01 Tue Oct 2024 | 20.28 | 21.21 | 21.36 | 20.24 | 0.992 times |
| 30 Mon Sep 2024 | 21.37 | 20.78 | 21.66 | 20.56 | 1.942 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20 as stoploss in an intra day buy trade for a target of 20.83. However, stock will show a bearish move below 20.
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.54 |
| Downside Target | 19.24 |
| Downside Target | 19.92 |
| Upside Target | 20.43 |
| Upside Target | 21.30 |
| Upside Target | 21.66 |
| Upside Target | 22.06 |
| Upside Target | 22.65 |
| Upside Target | 22.78 |
| Upside Target | 22.90 |
| Upside Target | 27.00 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 19.62 |
| Downside Intraday Target | 19.08 |
| Upside Intraday Target | 20.57 |
| Upside Intraday Target | 20.98 |
| Downside Intraday Target | 20.03 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 20.17 | 20.29 | 20.43 | 19.48 | 0.69 times |
| 04 Fri Oct 2024 | 20.43 | 20.78 | 21.66 | 20.00 | 0.472 times |
| 27 Fri Sep 2024 | 20.51 | 21.71 | 22.06 | 19.24 | 3.687 times |
| 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 |
Price has moved down 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 |
| 11 Fri Oct 2024 | 20.17 | 21.21 | 21.36 | 19.48 | 0.35 times |
| 30 Mon Sep 2024 | 21.37 | 21.92 | 22.90 | 19.24 | 1.605 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 |
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 SELL signal for Mercantil Bank in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantil Bank in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 20.43 and Mercantil Bank (AMTB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 SELL signal for Mercantil Bank in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantil Bank in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 20.43 and Mercantil Bank (AMTB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.