(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 2024-04-30 View latest technical analysis
10 day averaged volume of Mercantil Bank is 89630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 21.66 | 21.57 | 21.76 | 21.49 | 0.975 times |
| 29 Mon Apr 2024 | 21.89 | 21.65 | 21.89 | 21.61 | 0.922 times |
| 26 Fri Apr 2024 | 21.58 | 22.13 | 22.28 | 21.44 | 0.799 times |
| 25 Thu Apr 2024 | 22.08 | 21.79 | 22.31 | 21.65 | 2.293 times |
| 24 Wed Apr 2024 | 22.72 | 22.46 | 22.86 | 22.34 | 0.935 times |
| 23 Tue Apr 2024 | 22.72 | 22.21 | 22.76 | 22.21 | 0.787 times |
| 22 Mon Apr 2024 | 22.33 | 22.18 | 22.61 | 22.15 | 1.063 times |
| 19 Fri Apr 2024 | 22.18 | 21.18 | 22.21 | 21.18 | 1.151 times |
| 18 Thu Apr 2024 | 21.29 | 20.64 | 21.50 | 20.64 | 1.045 times |
| 17 Wed Apr 2024 | 20.80 | 21.19 | 21.26 | 20.79 | 0.524 times |
My analysis of stock is bearish for shortterm, and stock might move down till 21.2 or till 20.4. Use a stoploss of 21.86 and if the stock hits stoploss, then it can shoot up till 22.51
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 20.36 |
| Downside Target | 21.44 |
| Upside Target | 22.21 |
| Upside Target | 22.86 |
| Upside Target | 23.00 |
| Upside Target | 23.29 |
| Upside Target | 23.39 |
| Upside Target | 23.43 |
| Upside Target | 25.20 |
| Upside Target | 26.13 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 21.47 |
| Downside Intraday Target | 21.28 |
| Upside Intraday Target | 21.87 |
| Upside Intraday Target | 22.08 |
| Upside Intraday Target | 21.68 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 21.66 | 21.65 | 21.89 | 21.49 | 0.323 times |
| 26 Fri Apr 2024 | 21.58 | 22.18 | 22.86 | 21.44 | 1.539 times |
| 19 Fri Apr 2024 | 22.18 | 21.26 | 22.21 | 20.64 | 0.99 times |
| 12 Fri Apr 2024 | 21.15 | 22.51 | 23.00 | 21.02 | 1.105 times |
| 05 Fri Apr 2024 | 22.31 | 23.39 | 23.39 | 22.07 | 1.244 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 |
| 30 Tue Apr 2024 | 21.66 | 23.39 | 23.39 | 20.64 | 1.06 times |
| 28 Thu Mar 2024 | 23.29 | 21.02 | 23.43 | 20.36 | 0.827 times |
| 29 Thu Feb 2024 | 21.19 | 22.67 | 23.29 | 20.97 | 0.997 times |
| 31 Wed Jan 2024 | 22.61 | 24.43 | 25.20 | 22.19 | 1.132 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantil Bank in short term but the buy 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. Bears are getting stronger in this stock.
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
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 21.98 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 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantil Bank in short term but the buy 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. Bears are getting stronger in this stock.
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
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 21.98 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.