(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 2024-09-05 View latest technical analysis
10 day averaged volume of Mercantil Bank is 97330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 20.98 | 21.43 | 21.43 | 20.82 | 0.493 times |
| 04 Wed Sep 2024 | 21.22 | 21.33 | 21.57 | 21.06 | 0.5 times |
| 03 Tue Sep 2024 | 21.49 | 21.92 | 22.11 | 21.29 | 0.761 times |
| 30 Fri Aug 2024 | 22.06 | 22.02 | 22.17 | 21.64 | 1.443 times |
| 30 Fri Aug 2024 | 22.06 | 22.02 | 22.17 | 21.64 | 1.443 times |
| 29 Thu Aug 2024 | 21.89 | 21.92 | 21.99 | 21.51 | 0.637 times |
| 28 Wed Aug 2024 | 21.62 | 21.51 | 21.92 | 21.36 | 0.868 times |
| 27 Tue Aug 2024 | 21.69 | 21.47 | 21.75 | 21.04 | 0.961 times |
| 26 Mon Aug 2024 | 21.61 | 22.44 | 22.44 | 21.61 | 1.4 times |
| 23 Fri Aug 2024 | 22.07 | 20.93 | 22.47 | 20.68 | 1.436 times |
My analysis of stock is bullish for shortterm, and stock might move up till 21.8 or till 22.9. Use a stoploss of 20.95 and if this stock hits its stoploss, then it can fall down till 20.08
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.54 |
| Downside Target | 19.20 |
| Downside Target | 20.51 |
| Upside Target | 22.11 |
| Upside Target | 22.17 |
| Upside Target | 22.44 |
| Upside Target | 22.47 |
| Upside Target | 22.65 |
| Upside Target | 22.78 |
| Upside Target | 23.55 |
| Upside Target | 27.00 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 20.5 |
| Downside Intraday Target | 20.01 |
| Upside Intraday Target | 21.79 |
| Upside Intraday Target | 22.59 |
| Upside Intraday Target | 21.3 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 20.98 | 21.92 | 22.11 | 20.82 | 1.217 times |
| 30 Fri Aug 2024 | 22.06 | 22.02 | 22.17 | 21.64 | 0.272 times |
| 30 Fri Aug 2024 | 22.06 | 22.44 | 22.44 | 21.04 | 1.275 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 |
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 |
| 05 Thu Sep 2024 | 20.98 | 21.92 | 22.11 | 20.82 | 0.065 times |
| 30 Fri Aug 2024 | 22.06 | 22.51 | 22.65 | 18.54 | 0.615 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 |
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 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 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 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 SELL signal in short term but selling 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 21.77 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 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 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 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 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 SELL signal in short term but selling 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 21.77 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.