(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 2024-02-14 View latest technical analysis
10 day averaged volume of Mercantil Bank is 116710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Feb 2024 | 21.82 | 21.90 | 21.91 | 21.40 | 0.633 times |
| 13 Tue Feb 2024 | 21.52 | 22.19 | 22.19 | 21.33 | 1.078 times |
| 12 Mon Feb 2024 | 23.03 | 22.61 | 23.29 | 22.52 | 0.943 times |
| 09 Fri Feb 2024 | 22.69 | 22.29 | 22.75 | 22.13 | 0.888 times |
| 08 Thu Feb 2024 | 22.16 | 21.75 | 22.26 | 21.69 | 0.941 times |
| 07 Wed Feb 2024 | 21.90 | 21.69 | 22.07 | 20.97 | 1.245 times |
| 06 Tue Feb 2024 | 21.84 | 21.84 | 22.12 | 21.79 | 1.018 times |
| 05 Mon Feb 2024 | 21.79 | 21.76 | 21.98 | 21.42 | 0.976 times |
| 02 Fri Feb 2024 | 22.13 | 21.69 | 22.32 | 21.69 | 0.826 times |
| 01 Thu Feb 2024 | 22.29 | 22.67 | 22.67 | 21.80 | 0.949 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, but if it comes above 22, then a intra day buy could be more profitable.
If you take a sell trade below 22, then use 22 as stoploss and 20.8 as target. However if you take a buy trade in stock , then use 22 as stoploss and 22.89 as target.
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 | 20.97 |
| Upside Target | 22.19 |
| Upside Target | 22.75 |
| Upside Target | 23.28 |
| Upside Target | 23.29 |
| Upside Target | 24.43 |
| 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 |
| Downside Intraday Target | 20.19 |
| Upside Intraday Target | 22.96 |
| Upside Intraday Target | 24.11 |
| Upside Intraday Target | 22.15 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Feb 2024 | 21.82 | 22.61 | 23.29 | 21.33 | 0.524 times |
| 09 Fri Feb 2024 | 22.69 | 21.76 | 22.75 | 20.97 | 1.057 times |
| 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 |
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 |
| 14 Wed Feb 2024 | 21.82 | 22.67 | 23.29 | 20.97 | 0.571 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantil Bank in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 22.1 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantil Bank in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 22.1 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.