(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.
10 day averaged volume of Mercantil Bank is 84840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 21.58 | 22.13 | 22.28 | 21.44 | 0.844 times |
| 25 Thu Apr 2024 | 22.08 | 21.79 | 22.31 | 21.65 | 2.422 times |
| 24 Wed Apr 2024 | 22.72 | 22.46 | 22.86 | 22.34 | 0.988 times |
| 23 Tue Apr 2024 | 22.72 | 22.21 | 22.76 | 22.21 | 0.831 times |
| 22 Mon Apr 2024 | 22.33 | 22.18 | 22.61 | 22.15 | 1.123 times |
| 19 Fri Apr 2024 | 22.18 | 21.18 | 22.21 | 21.18 | 1.216 times |
| 18 Thu Apr 2024 | 21.29 | 20.64 | 21.50 | 20.64 | 1.104 times |
| 17 Wed Apr 2024 | 20.80 | 21.19 | 21.26 | 20.79 | 0.554 times |
| 16 Tue Apr 2024 | 20.93 | 20.84 | 21.34 | 20.66 | 0.508 times |
| 15 Mon Apr 2024 | 20.99 | 21.26 | 21.50 | 20.77 | 0.652 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.3 as stoploss in an intra day buy trade for a target of 21.94. However, stock will show a bearish move below 21.3.
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 20.36 |
| Downside Target | 21.44 |
| Upside Target | 21.96 |
| Upside Target | 22.86 |
| Upside Target | 23.00 |
| Upside Target | 23.29 |
| Upside Target | 23.39 |
| Upside Target | 23.43 |
| Upside Target | 25.20 |
| Upside Target | 26.13 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 21.06 |
| Downside Intraday Target | 20.54 |
| Upside Intraday Target | 22.48 |
| Upside Intraday Target | 23.38 |
| Upside Intraday Target | 21.96 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 21.58 | 22.18 | 22.86 | 21.44 | 1.539 times |
| 19 Fri Apr 2024 | 22.18 | 21.26 | 22.21 | 20.64 | 0.99 times |
| 12 Fri Apr 2024 | 21.15 | 22.51 | 23.00 | 21.02 | 1.105 times |
| 05 Fri Apr 2024 | 22.31 | 23.39 | 23.39 | 22.07 | 1.244 times |
| 28 Thu Mar 2024 | 23.29 | 22.38 | 23.43 | 21.96 | 0.752 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mercantil Bank (AMTB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 21.58 | 23.39 | 23.39 | 20.64 | 0.954 times |
| 28 Thu Mar 2024 | 23.29 | 21.02 | 23.43 | 20.36 | 0.827 times |
| 29 Thu Feb 2024 | 21.19 | 22.67 | 23.29 | 20.97 | 0.997 times |
| 31 Wed Jan 2024 | 22.61 | 24.43 | 25.20 | 22.19 | 1.132 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 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 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 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 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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
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 21.91 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 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 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 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 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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
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 21.91 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.