(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 2024-09-09 View latest technical analysis
10 day averaged volume of Mercantil Bank is 88020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 20.85 | 20.73 | 21.10 | 20.65 | 0.854 times |
| 06 Fri Sep 2024 | 20.73 | 21.10 | 21.18 | 20.44 | 0.594 times |
| 05 Thu Sep 2024 | 20.98 | 21.43 | 21.43 | 20.82 | 0.545 times |
| 04 Wed Sep 2024 | 21.22 | 21.33 | 21.57 | 21.06 | 0.553 times |
| 03 Tue Sep 2024 | 21.49 | 21.92 | 22.11 | 21.29 | 0.842 times |
| 30 Fri Aug 2024 | 22.06 | 22.02 | 22.17 | 21.64 | 1.595 times |
| 30 Fri Aug 2024 | 22.06 | 22.02 | 22.17 | 21.64 | 1.595 times |
| 29 Thu Aug 2024 | 21.89 | 21.92 | 21.99 | 21.51 | 0.704 times |
| 28 Wed Aug 2024 | 21.62 | 21.51 | 21.92 | 21.36 | 0.96 times |
| 27 Tue Aug 2024 | 21.69 | 21.47 | 21.75 | 21.04 | 1.062 times |
My analysis of stock is bearish for shortterm, and stock might move down till 20.4 or till 19.5. Use a stoploss of 21.09 and if the stock hits stoploss, then it can shoot up till 21.8
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.54 |
| Downside Target | 20.44 |
| 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 | 20.63 |
| Downside Intraday Target | 20.42 |
| Upside Intraday Target | 21.08 |
| Upside Intraday Target | 21.32 |
| Upside Intraday Target | 20.87 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 20.85 | 20.73 | 21.10 | 20.65 | 0.337 times |
| 06 Fri Sep 2024 | 20.73 | 21.92 | 22.11 | 20.44 | 1.589 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 |
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 |
| 09 Mon Sep 2024 | 20.85 | 21.92 | 22.11 | 20.44 | 0.114 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantil Bank stock for short term is SELL. Signal strength is Weak 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 21.6 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantil Bank stock for short term is SELL. Signal strength is Weak 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 21.6 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.