(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 2024-09-11 View latest technical analysis
10 day averaged volume of Mercantil Bank is 79400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 20.54 | 20.66 | 20.66 | 19.92 | 0.698 times |
| 10 Tue Sep 2024 | 20.94 | 20.92 | 20.98 | 20.49 | 0.861 times |
| 09 Mon Sep 2024 | 20.85 | 20.73 | 21.10 | 20.65 | 0.947 times |
| 06 Fri Sep 2024 | 20.73 | 21.10 | 21.18 | 20.44 | 0.659 times |
| 05 Thu Sep 2024 | 20.98 | 21.43 | 21.43 | 20.82 | 0.605 times |
| 04 Wed Sep 2024 | 21.22 | 21.33 | 21.57 | 21.06 | 0.613 times |
| 03 Tue Sep 2024 | 21.49 | 21.92 | 22.11 | 21.29 | 0.933 times |
| 30 Fri Aug 2024 | 22.06 | 22.02 | 22.17 | 21.64 | 1.768 times |
| 30 Fri Aug 2024 | 22.06 | 22.02 | 22.17 | 21.64 | 1.768 times |
| 29 Thu Aug 2024 | 21.89 | 21.92 | 21.99 | 21.51 | 0.781 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.6, but if it comes above 20.6, then a intra day buy could be more profitable.
If you take a sell trade below 20.6, then use 20.6 as stoploss and 20 as target. However if you take a buy trade in stock , then use 20.6 as stoploss and 21.19 as target.
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.54 |
| Downside Target | 19.92 |
| 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 | 19.94 |
| Downside Intraday Target | 19.34 |
| Upside Intraday Target | 21.12 |
| Upside Intraday Target | 21.7 |
| Downside Intraday Target | 20.52 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 20.54 | 20.73 | 21.10 | 19.92 | 0.892 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 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 |
| 11 Wed Sep 2024 | 20.54 | 21.92 | 22.11 | 19.92 | 0.161 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 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 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 21.45 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 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 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 21.45 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.