(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 2024-02-02 View latest technical analysis
10 day averaged volume of Mercantil Bank is 108100
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 22.13 | 21.69 | 22.32 | 21.69 | 0.892 times |
| 01 Thu Feb 2024 | 22.29 | 22.67 | 22.67 | 21.80 | 1.024 times |
| 31 Wed Jan 2024 | 22.61 | 23.02 | 23.51 | 22.51 | 1.228 times |
| 30 Tue Jan 2024 | 23.49 | 23.78 | 23.95 | 23.24 | 0.765 times |
| 29 Mon Jan 2024 | 24.01 | 24.37 | 24.43 | 23.71 | 1.267 times |
| 26 Fri Jan 2024 | 24.17 | 23.89 | 24.36 | 23.85 | 1.307 times |
| 25 Thu Jan 2024 | 24.41 | 23.84 | 24.62 | 22.81 | 1.592 times |
| 24 Wed Jan 2024 | 24.17 | 24.14 | 24.40 | 23.87 | 0.69 times |
| 23 Tue Jan 2024 | 23.89 | 24.27 | 24.27 | 23.73 | 0.702 times |
| 22 Mon Jan 2024 | 24.01 | 23.55 | 24.10 | 23.30 | 0.658 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 21.9, for a target of 22.7 or 23.41
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 16.63 |
| Downside Target | 17.75 |
| Downside Target | 19.80 |
| Downside Target | 20.54 |
| Downside Target | 21.67 |
| Upside Target | 22.19 |
| Upside Target | 22.67 |
| 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 | 21.07 |
| Downside Intraday Target | 20.01 |
| Upside Intraday Target | 23.81 |
| Upside Intraday Target | 25.49 |
| Upside Intraday Target | 22.75 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 22.13 | 24.37 | 24.43 | 21.69 | 1.046 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 |
| 02 Fri Feb 2024 | 22.13 | 22.67 | 22.67 | 21.69 | 0.107 times |
| 31 Wed Jan 2024 | 22.61 | 24.43 | 25.20 | 22.19 | 1.132 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 |
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 gaining 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 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 positive zone. This is a BUY 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 23.55 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 gaining 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 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 positive zone. This is a BUY 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 23.55 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.