(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 2024-01-30 View latest technical analysis
10 day averaged volume of Mercantil Bank is 98580
Date | Daily Closing Price | Open | High | Low | Volume |
30 Tue Jan 2024 | 23.49 | 23.78 | 23.95 | 23.24 | 0.839 times |
29 Mon Jan 2024 | 24.01 | 24.37 | 24.43 | 23.71 | 1.39 times |
26 Fri Jan 2024 | 24.17 | 23.89 | 24.36 | 23.85 | 1.433 times |
25 Thu Jan 2024 | 24.41 | 23.84 | 24.62 | 22.81 | 1.746 times |
24 Wed Jan 2024 | 24.17 | 24.14 | 24.40 | 23.87 | 0.757 times |
23 Tue Jan 2024 | 23.89 | 24.27 | 24.27 | 23.73 | 0.77 times |
22 Mon Jan 2024 | 24.01 | 23.55 | 24.10 | 23.30 | 0.721 times |
19 Fri Jan 2024 | 23.25 | 22.76 | 23.28 | 22.41 | 0.841 times |
18 Thu Jan 2024 | 22.54 | 22.78 | 23.02 | 22.34 | 0.61 times |
17 Wed Jan 2024 | 22.54 | 22.21 | 22.98 | 22.19 | 0.728 times |
My analysis of stock is bearish for shortterm, and stock might move down till 23.1 or till 22.4. Use a stoploss of 23.7 and if the stock hits stoploss, then it can shoot up till 24.29
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 | 22.81 |
Upside Target | 23.82 |
Upside Target | 24.43 |
Upside Target | 24.52 |
Upside Target | 24.62 |
Upside Target | 25.20 |
Upside Target | 26.13 |
Intraday share price targets for Mercantil Bank (AMTB)
Target Type | Value |
Downside Intraday Target | 23.01 |
Downside Intraday Target | 22.53 |
Upside Intraday Target | 24.2 |
Upside Intraday Target | 24.91 |
Upside Intraday Target | 23.72 |
Weekly technical analysis of Mercantil Bank (AMTB)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Tue Jan 2024 | 23.49 | 24.37 | 24.43 | 23.24 | 0.411 times |
26 Fri Jan 2024 | 24.17 | 23.55 | 24.62 | 22.81 | 1.705 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 |
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 |
30 Tue Jan 2024 | 23.49 | 24.43 | 25.20 | 22.19 | 1.055 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 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 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 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 SELL. Signal strength is Strong 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 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 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 but buying is losing 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 23.8 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 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 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 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 SELL. Signal strength is Strong 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 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 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 but buying is losing 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 23.8 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.