(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 2024-10-23 View latest technical analysis
10 day averaged volume of Mercantil Bank is 211590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 20.27 | 20.47 | 20.67 | 20.03 | 0.713 times |
| 22 Tue Oct 2024 | 20.64 | 20.50 | 20.65 | 20.29 | 0.941 times |
| 21 Mon Oct 2024 | 20.53 | 21.02 | 21.11 | 20.48 | 1.208 times |
| 18 Fri Oct 2024 | 20.95 | 21.23 | 21.23 | 20.87 | 1 times |
| 17 Thu Oct 2024 | 21.18 | 21.20 | 21.25 | 20.94 | 0.672 times |
| 16 Wed Oct 2024 | 21.16 | 20.99 | 21.31 | 20.81 | 1.436 times |
| 15 Tue Oct 2024 | 20.70 | 20.51 | 21.15 | 20.43 | 1.283 times |
| 14 Mon Oct 2024 | 20.43 | 20.26 | 20.69 | 20.13 | 0.727 times |
| 11 Fri Oct 2024 | 20.17 | 19.82 | 20.36 | 19.82 | 1.316 times |
| 10 Thu Oct 2024 | 19.66 | 19.62 | 19.79 | 19.48 | 0.773 times |
My analysis of stock is bearish for shortterm, and stock might move down till 20 or till 19.5. Use a stoploss of 20.45 and if the stock hits stoploss, then it can shoot up till 20.89
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.54 |
| Downside Target | 19.24 |
| Downside Target | 20.00 |
| Upside Target | 21.36 |
| Upside Target | 21.65 |
| 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 | 19.83 |
| Downside Intraday Target | 19.39 |
| Upside Intraday Target | 20.91 |
| Upside Intraday Target | 21.55 |
| Upside Intraday Target | 20.47 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 20.27 | 21.02 | 21.11 | 20.03 | 0.559 times |
| 18 Fri Oct 2024 | 20.95 | 20.26 | 21.31 | 20.13 | 1.348 times |
| 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 |
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 |
| 23 Wed Oct 2024 | 20.27 | 21.21 | 21.36 | 19.48 | 0.752 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantil Bank in short term but the buy signal is initial and weak.
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 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 and SELL signal is strong!
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 20.6 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantil Bank in short term but the buy signal is initial and weak.
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 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 and SELL signal is strong!
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 20.6 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.