(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 2024-05-20 View latest technical analysis
10 day averaged volume of Mercantil Bank is 72814
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 23.02 | 23.30 | 23.36 | 23.02 | 1.174 times |
| 17 Fri May 2024 | 23.34 | 23.29 | 23.52 | 23.12 | 1.239 times |
| 16 Thu May 2024 | 23.20 | 23.12 | 23.43 | 23.09 | 1.204 times |
| 15 Wed May 2024 | 23.22 | 23.50 | 23.55 | 22.99 | 1.015 times |
| 14 Tue May 2024 | 23.21 | 23.23 | 23.33 | 23.00 | 0.717 times |
| 13 Mon May 2024 | 22.98 | 23.19 | 23.34 | 22.95 | 0.72 times |
| 10 Fri May 2024 | 22.98 | 23.22 | 23.22 | 22.79 | 0.851 times |
| 09 Thu May 2024 | 23.13 | 22.97 | 23.24 | 22.72 | 0.927 times |
| 08 Wed May 2024 | 22.77 | 22.17 | 22.79 | 22.17 | 0.753 times |
| 07 Tue May 2024 | 22.44 | 22.80 | 23.01 | 22.41 | 0.981 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 23.2 as stoploss in an intra day sell trade for a target of 22.66. However, stock will show a bullish move above 23.2.
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 20.36 |
| Downside Target | 21.44 |
| Downside Target | 22.86 |
| Upside Target | 23.24 |
| Upside Target | 23.29 |
| Upside Target | 23.36 |
| Upside Target | 23.39 |
| Upside Target | 23.43 |
| Upside Target | 23.55 |
| Upside Target | 25.20 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 22.91 |
| Downside Intraday Target | 22.79 |
| Upside Intraday Target | 23.25 |
| Upside Intraday Target | 23.47 |
| Upside Intraday Target | 23.13 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 23.02 | 23.30 | 23.36 | 23.02 | 0.24 times |
| 17 Fri May 2024 | 23.34 | 23.19 | 23.55 | 22.95 | 0.959 times |
| 10 Fri May 2024 | 22.98 | 22.69 | 23.24 | 22.17 | 0.951 times |
| 03 Fri May 2024 | 22.61 | 21.65 | 23.04 | 21.49 | 0.742 times |
| 26 Fri Apr 2024 | 21.58 | 22.18 | 22.86 | 21.44 | 1.539 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 |
| 20 Mon May 2024 | 23.02 | 21.88 | 23.55 | 21.88 | 0.609 times |
| 30 Tue Apr 2024 | 21.66 | 23.39 | 23.39 | 20.64 | 1.06 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 BUY. Signal strength is Strong 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 above 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
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 23.04 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 positive
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 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 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 BUY. Signal strength is Strong 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 above 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
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 23.04 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.