(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 2024-04-02 View latest technical analysis
10 day averaged volume of Mercantil Bank is 64330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 22.29 | 22.43 | 22.65 | 22.09 | 1.113 times |
| 01 Mon Apr 2024 | 22.78 | 23.39 | 23.39 | 22.53 | 0.886 times |
| 28 Thu Mar 2024 | 23.29 | 23.06 | 23.43 | 23.02 | 1.656 times |
| 27 Wed Mar 2024 | 23.08 | 22.20 | 23.10 | 22.20 | 1.138 times |
| 26 Tue Mar 2024 | 21.97 | 22.45 | 22.45 | 21.96 | 0.595 times |
| 25 Mon Mar 2024 | 22.27 | 22.38 | 22.61 | 22.27 | 0.522 times |
| 22 Fri Mar 2024 | 22.25 | 22.91 | 22.91 | 22.25 | 0.751 times |
| 21 Thu Mar 2024 | 22.83 | 22.40 | 22.99 | 22.40 | 1.181 times |
| 20 Wed Mar 2024 | 22.31 | 21.29 | 22.61 | 21.14 | 0.933 times |
| 19 Tue Mar 2024 | 21.43 | 21.49 | 21.74 | 21.43 | 0.886 times |
My analysis of stock is bullish for shortterm, and stock might move up till 22.7 or till 23.3. Use a stoploss of 22.16 and if this stock hits its stoploss, then it can fall down till 21.66
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 20.36 |
| Downside Target | 20.97 |
| Downside Target | 21.96 |
| Upside Target | 22.99 |
| 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 | 21.79 |
| Downside Intraday Target | 21.29 |
| Upside Intraday Target | 23.09 |
| Upside Intraday Target | 23.89 |
| Upside Intraday Target | 22.59 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 22.29 | 23.39 | 23.39 | 22.09 | 0.511 times |
| 28 Thu Mar 2024 | 23.29 | 22.38 | 23.43 | 21.96 | 0.752 times |
| 22 Fri Mar 2024 | 22.25 | 21.90 | 22.99 | 21.14 | 0.644 times |
| 15 Fri Mar 2024 | 21.96 | 22.12 | 22.37 | 21.36 | 1.27 times |
| 08 Fri Mar 2024 | 22.26 | 21.02 | 22.54 | 20.50 | 1.116 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 |
| 02 Tue Apr 2024 | 22.29 | 23.39 | 23.39 | 22.09 | 0.08 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantil Bank stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantil Bank in short term and the buy signal is strong.
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 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 and SELL signal is strong!
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 22.56 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantil Bank stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantil Bank in short term and the buy signal is strong.
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 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 and SELL signal is strong!
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 22.56 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.