(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 2024-01-08 View latest technical analysis
10 day averaged volume of Mercantil Bank is 70750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 24.27 | 24.38 | 24.52 | 23.96 | 1.035 times |
| 05 Fri Jan 2024 | 24.34 | 23.95 | 24.65 | 23.95 | 2.021 times |
| 04 Thu Jan 2024 | 24.24 | 24.40 | 24.66 | 24.20 | 0.7 times |
| 03 Wed Jan 2024 | 24.29 | 24.76 | 24.77 | 24.15 | 1.05 times |
| 02 Tue Jan 2024 | 24.87 | 24.43 | 25.20 | 24.43 | 1.594 times |
| 29 Fri Dec 2023 | 24.57 | 25.20 | 25.21 | 24.56 | 0.811 times |
| 29 Fri Dec 2023 | 24.57 | 25.20 | 25.21 | 24.56 | 0.811 times |
| 28 Thu Dec 2023 | 25.33 | 25.30 | 25.48 | 24.94 | 1.141 times |
| 27 Wed Dec 2023 | 25.43 | 25.50 | 25.55 | 25.23 | 0.671 times |
| 26 Tue Dec 2023 | 25.56 | 24.96 | 25.73 | 24.96 | 0.544 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 24 as stoploss in an intra day buy trade for a target of 24.58. However, stock will show a bearish move below 24.
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 16.63 |
| Downside Target | 17.31 |
| Downside Target | 17.75 |
| Downside Target | 19.80 |
| Downside Target | 20.54 |
| Downside Target | 21.67 |
| Downside Target | 23.95 |
| Upside Target | 24.52 |
| Upside Target | 25.20 |
| Upside Target | 25.21 |
| Upside Target | 25.28 |
| Upside Target | 25.73 |
| Upside Target | 26.13 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 23.98 |
| Downside Intraday Target | 23.69 |
| Upside Intraday Target | 24.54 |
| Upside Intraday Target | 24.81 |
| Downside Intraday Target | 24.25 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 24.27 | 24.38 | 24.52 | 23.96 | 0.193 times |
| 05 Fri Jan 2024 | 24.34 | 24.43 | 25.20 | 23.95 | 6.613 times |
| 29 Fri Dec 2023 | 24.57 | 25.20 | 25.21 | 24.56 | 0.256 times |
| 29 Fri Dec 2023 | 24.57 | 24.96 | 25.73 | 24.56 | 0.426 times |
| 22 Fri Dec 2023 | 24.80 | 24.83 | 25.28 | 24.01 | 0.975 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 |
| 08 Mon Jan 2024 | 24.27 | 24.43 | 25.20 | 23.95 | 0.264 times |
| 29 Fri Dec 2023 | 24.57 | 20.54 | 26.13 | 20.54 | 1.653 times |
| 30 Thu Nov 2023 | 20.71 | 18.07 | 21.67 | 17.75 | 0.762 times |
| 31 Tue Oct 2023 | 18.23 | 17.48 | 19.80 | 16.63 | 0.779 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercantil Bank in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 24.68 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercantil Bank in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 24.68 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.