(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 2024-10-21 View latest technical analysis
10 day averaged volume of Mercantil Bank is 188560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 20.53 | 21.02 | 21.11 | 20.48 | 1.355 times |
| 18 Fri Oct 2024 | 20.95 | 21.23 | 21.23 | 20.87 | 1.122 times |
| 17 Thu Oct 2024 | 21.18 | 21.20 | 21.25 | 20.94 | 0.754 times |
| 16 Wed Oct 2024 | 21.16 | 20.99 | 21.31 | 20.81 | 1.611 times |
| 15 Tue Oct 2024 | 20.70 | 20.51 | 21.15 | 20.43 | 1.439 times |
| 14 Mon Oct 2024 | 20.43 | 20.26 | 20.69 | 20.13 | 0.816 times |
| 11 Fri Oct 2024 | 20.17 | 19.82 | 20.36 | 19.82 | 1.476 times |
| 10 Thu Oct 2024 | 19.66 | 19.62 | 19.79 | 19.48 | 0.867 times |
| 09 Wed Oct 2024 | 19.82 | 19.89 | 20.22 | 19.81 | 0.724 times |
| 08 Tue Oct 2024 | 19.92 | 20.28 | 20.28 | 19.89 | 0.811 times |
My analysis of stock is bullish for shortterm, and stock might move up till 21 or till 21.6. Use a stoploss of 20.51 and if this stock hits its stoploss, then it can fall down till 20.04
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.54 |
| Downside Target | 19.24 |
| Downside Target | 20.00 |
| Upside Target | 21.36 |
| Upside Target | 21.65 |
| Upside Target | 21.66 |
| Upside Target | 22.06 |
| Upside Target | 22.65 |
| Upside Target | 22.78 |
| Upside Target | 22.90 |
| Upside Target | 27.00 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 20.3 |
| Downside Intraday Target | 20.08 |
| Upside Intraday Target | 20.93 |
| Upside Intraday Target | 21.34 |
| Upside Intraday Target | 20.71 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 20.53 | 21.02 | 21.11 | 20.48 | 0.236 times |
| 18 Fri Oct 2024 | 20.95 | 20.26 | 21.31 | 20.13 | 1.348 times |
| 11 Fri Oct 2024 | 20.17 | 20.29 | 20.43 | 19.48 | 0.69 times |
| 04 Fri Oct 2024 | 20.43 | 20.78 | 21.66 | 20.00 | 0.472 times |
| 27 Fri Sep 2024 | 20.51 | 21.71 | 22.06 | 19.24 | 3.687 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 |
| 21 Mon Oct 2024 | 20.53 | 21.21 | 21.36 | 19.48 | 0.668 times |
| 30 Mon Sep 2024 | 21.37 | 21.92 | 22.90 | 19.24 | 1.605 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 |
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 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 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 losing momentum.
MACD generated a BUY signal for Mercantil Bank in short term but the buy signal is initial and weak.
Mercantil Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 20.52 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 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 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 losing momentum.
MACD generated a BUY signal for Mercantil Bank in short term but the buy signal is initial and weak.
Mercantil Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 20.52 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.