(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 2024-08-29 View latest technical analysis
10 day averaged volume of Mercantil Bank is 89070
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 21.89 | 21.92 | 21.99 | 21.51 | 0.696 times |
| 28 Wed Aug 2024 | 21.62 | 21.51 | 21.92 | 21.36 | 0.949 times |
| 27 Tue Aug 2024 | 21.69 | 21.47 | 21.75 | 21.04 | 1.05 times |
| 26 Mon Aug 2024 | 21.61 | 22.44 | 22.44 | 21.61 | 1.53 times |
| 23 Fri Aug 2024 | 22.07 | 20.93 | 22.47 | 20.68 | 1.57 times |
| 22 Thu Aug 2024 | 20.72 | 20.79 | 21.13 | 20.63 | 0.602 times |
| 21 Wed Aug 2024 | 20.74 | 20.76 | 20.76 | 20.51 | 0.582 times |
| 20 Tue Aug 2024 | 20.60 | 21.06 | 21.06 | 20.53 | 0.743 times |
| 19 Mon Aug 2024 | 21.16 | 20.76 | 21.18 | 20.70 | 1.055 times |
| 16 Fri Aug 2024 | 20.68 | 20.19 | 20.88 | 20.04 | 0.884 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.4, but if it comes below 21.4, then a intra day sell could be more profitable.
If you take a sell trade below 21.4, then use 21.4 as stoploss and 20.41 as target. However if you take a buy trade in stock , then use 21.4 as stoploss and 22.6 as target.
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.54 |
| Downside Target | 19.20 |
| Downside Target | 19.78 |
| Downside Target | 20.51 |
| Upside Target | 22.44 |
| Upside Target | 22.47 |
| Upside Target | 22.65 |
| Upside Target | 22.78 |
| Upside Target | 23.16 |
| Upside Target | 23.39 |
| Upside Target | 23.55 |
| Upside Target | 27.00 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 21.14 |
| Downside Intraday Target | 20.39 |
| Upside Intraday Target | 22.54 |
| Upside Intraday Target | 23.19 |
| Downside Intraday Target | 21.79 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 21.89 | 22.44 | 22.44 | 21.04 | 0.928 times |
| 23 Fri Aug 2024 | 22.07 | 20.76 | 22.47 | 20.51 | 0.918 times |
| 16 Fri Aug 2024 | 20.68 | 19.58 | 20.88 | 19.20 | 0.572 times |
| 09 Fri Aug 2024 | 19.48 | 19.15 | 19.78 | 18.54 | 0.839 times |
| 02 Fri Aug 2024 | 20.02 | 22.30 | 23.16 | 19.98 | 0.778 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 |
| 29 Thu Aug 2024 | 21.89 | 22.51 | 22.65 | 18.54 | 0.549 times |
| 31 Wed Jul 2024 | 22.49 | 22.64 | 27.00 | 21.65 | 1.395 times |
| 28 Fri Jun 2024 | 22.70 | 22.35 | 22.78 | 20.71 | 1.865 times |
| 31 Fri May 2024 | 22.04 | 21.88 | 23.55 | 21.38 | 0.963 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 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 BUY. 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.
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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 21.39 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 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 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 BUY. 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.
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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 21.39 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.