(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 2024-10-28 View latest technical analysis
10 day averaged volume of Mercantil Bank is 210260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 22.00 | 21.11 | 22.00 | 21.11 | 1.428 times |
| 25 Fri Oct 2024 | 20.88 | 21.07 | 21.07 | 20.50 | 1.074 times |
| 24 Thu Oct 2024 | 20.66 | 21.26 | 21.26 | 20.25 | 0.897 times |
| 23 Wed Oct 2024 | 20.27 | 20.47 | 20.67 | 20.03 | 0.717 times |
| 22 Tue Oct 2024 | 20.64 | 20.50 | 20.65 | 20.29 | 0.947 times |
| 21 Mon Oct 2024 | 20.53 | 21.02 | 21.11 | 20.48 | 1.215 times |
| 18 Fri Oct 2024 | 20.95 | 21.23 | 21.23 | 20.87 | 1.006 times |
| 17 Thu Oct 2024 | 21.18 | 21.20 | 21.25 | 20.94 | 0.676 times |
| 16 Wed Oct 2024 | 21.16 | 20.99 | 21.31 | 20.81 | 1.445 times |
| 15 Tue Oct 2024 | 20.70 | 20.51 | 21.15 | 20.43 | 1.291 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 21.7, for a target of 21 or 20.51
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.54 |
| Downside Target | 19.24 |
| Downside Target | 20.00 |
| Downside Target | 21.65 |
| Downside Target | 21.66 |
| Downside Target | 22.00 |
| 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 | 21.41 |
| Downside Intraday Target | 20.81 |
| Upside Intraday Target | 22.3 |
| Upside Intraday Target | 22.59 |
| Downside Intraday Target | 21.7 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 22.00 | 21.11 | 22.00 | 21.11 | 0.294 times |
| 25 Fri Oct 2024 | 20.88 | 21.02 | 21.26 | 20.03 | 0.942 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 |
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 |
| 28 Mon Oct 2024 | 22.00 | 21.21 | 22.00 | 19.48 | 0.922 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a BUY signal for Mercantil Bank in short term but the buy signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 20.95 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a BUY signal for Mercantil Bank in short term but the buy signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 20.95 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.