(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 2024-12-31 View latest technical analysis
10 day averaged volume of Mercantil Bank is 300259
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 22.41 | 22.59 | 22.59 | 22.12 | 0.525 times |
| 30 Mon Dec 2024 | 22.44 | 22.15 | 22.49 | 22.02 | 0.338 times |
| 27 Fri Dec 2024 | 22.33 | 22.37 | 22.68 | 22.04 | 0.482 times |
| 26 Thu Dec 2024 | 22.65 | 22.43 | 22.73 | 22.32 | 0.361 times |
| 24 Tue Dec 2024 | 22.62 | 22.55 | 22.86 | 22.38 | 0.303 times |
| 23 Mon Dec 2024 | 22.62 | 22.20 | 22.64 | 22.16 | 0.955 times |
| 20 Fri Dec 2024 | 22.32 | 22.13 | 23.00 | 22.13 | 4.381 times |
| 19 Thu Dec 2024 | 22.41 | 23.34 | 24.11 | 22.35 | 0.863 times |
| 18 Wed Dec 2024 | 22.86 | 24.42 | 24.59 | 22.69 | 1.041 times |
| 17 Tue Dec 2024 | 24.29 | 24.60 | 24.90 | 24.18 | 0.652 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.6, but if it comes above 22.6, then a intra day buy could be more profitable.
If you take a sell trade below 22.6, then use 22.6 as stoploss and 21.1 as target. However if you take a buy trade in stock , then use 22.6 as stoploss and 23.87 as target.
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.54 |
| Downside Target | 19.24 |
| Downside Target | 20.50 |
| Downside Target | 22.02 |
| Upside Target | 22.59 |
| Upside Target | 24.38 |
| Upside Target | 25.03 |
| Upside Target | 25.08 |
| Upside Target | 25.50 |
| Upside Target | 25.85 |
| Upside Target | 26.24 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 22.09 |
| Downside Intraday Target | 21.77 |
| Upside Intraday Target | 22.66 |
| Upside Intraday Target | 22.91 |
| Downside Intraday Target | 22.34 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 22.41 | 22.15 | 22.59 | 22.02 | 0.411 times |
| 27 Fri Dec 2024 | 22.33 | 22.20 | 22.86 | 22.04 | 0.278 times |
| 20 Fri Dec 2024 | 22.32 | 24.44 | 25.03 | 22.13 | 1.955 times |
| 13 Fri Dec 2024 | 24.52 | 25.65 | 25.85 | 24.38 | 51.253 times |
| 05 Thu Dec 2024 | 25.33 | 25.29 | 25.50 | 25.08 | 0.113 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 |
| 31 Tue Dec 2024 | 22.41 | 25.29 | 25.85 | 22.02 | 0.847 times |
| 26 Tue Nov 2024 | 25.05 | 21.55 | 26.24 | 20.50 | 1.097 times |
| 31 Thu Oct 2024 | 21.32 | 21.21 | 22.06 | 19.48 | 1.113 times |
| 30 Mon Sep 2024 | 21.37 | 21.92 | 22.90 | 19.24 | 1.605 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Mercantil Bank in short term and the sell signal is strong.
Mercantil Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 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 22.57 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Mercantil Bank in short term and the sell signal is strong.
Mercantil Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 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 22.57 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.