(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 2024-01-24 View latest technical analysis
10 day averaged volume of Mercantil Bank is 70000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 24.17 | 24.14 | 24.40 | 23.87 | 1.066 times |
| 23 Tue Jan 2024 | 23.89 | 24.27 | 24.27 | 23.73 | 1.084 times |
| 22 Mon Jan 2024 | 24.01 | 23.55 | 24.10 | 23.30 | 1.016 times |
| 19 Fri Jan 2024 | 23.25 | 22.76 | 23.28 | 22.41 | 1.184 times |
| 18 Thu Jan 2024 | 22.54 | 22.78 | 23.02 | 22.34 | 0.859 times |
| 17 Wed Jan 2024 | 22.54 | 22.21 | 22.98 | 22.19 | 1.026 times |
| 16 Tue Jan 2024 | 22.74 | 22.94 | 23.17 | 22.49 | 1.414 times |
| 12 Fri Jan 2024 | 23.20 | 23.82 | 23.82 | 23.01 | 0.929 times |
| 12 Fri Jan 2024 | 23.20 | 23.82 | 23.82 | 23.01 | 0.929 times |
| 11 Thu Jan 2024 | 23.45 | 23.63 | 23.79 | 23.15 | 1.066 times |
My analysis of stock is bullish for shortterm, and stock might move up till 24.6 or till 25.5. Use a stoploss of 23.86 and if this stock hits its stoploss, then it can fall down till 23.11
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 | 22.19 |
| Downside Target | 23.01 |
| Downside Target | 23.82 |
| Upside Target | 24.40 |
| Upside Target | 24.52 |
| Upside Target | 25.20 |
| Upside Target | 26.13 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 23.51 |
| Downside Intraday Target | 22.86 |
| Upside Intraday Target | 24.61 |
| Upside Intraday Target | 25.06 |
| Downside Intraday Target | 23.96 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 24.17 | 23.55 | 24.40 | 23.30 | 0.706 times |
| 19 Fri Jan 2024 | 23.25 | 22.94 | 23.28 | 22.19 | 4.828 times |
| 12 Fri Jan 2024 | 23.20 | 23.82 | 23.82 | 23.01 | 0.22 times |
| 12 Fri Jan 2024 | 23.20 | 24.38 | 24.52 | 23.01 | 0.777 times |
| 05 Fri Jan 2024 | 24.34 | 24.43 | 25.20 | 23.95 | 6.613 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 |
| 24 Wed Jan 2024 | 24.17 | 24.43 | 25.20 | 22.19 | 0.744 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 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 short 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 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.
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 green color and prices are above the green 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 but buying is losing 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 23.3 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 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 short 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 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.
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 green color and prices are above the green 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 but buying is losing 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 23.3 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.