(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 2024-07-31 View latest technical analysis
10 day averaged volume of Mercantil Bank is 223640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 22.49 | 22.29 | 23.16 | 22.03 | 0.967 times |
| 30 Tue Jul 2024 | 22.34 | 21.87 | 22.60 | 21.87 | 0.727 times |
| 29 Mon Jul 2024 | 21.85 | 22.30 | 22.56 | 21.65 | 0.902 times |
| 26 Fri Jul 2024 | 22.49 | 23.74 | 23.96 | 21.97 | 1.186 times |
| 25 Thu Jul 2024 | 24.27 | 23.86 | 25.21 | 23.86 | 1.375 times |
| 24 Wed Jul 2024 | 26.37 | 26.71 | 27.00 | 26.20 | 0.964 times |
| 23 Tue Jul 2024 | 26.72 | 26.14 | 27.00 | 26.07 | 1.014 times |
| 22 Mon Jul 2024 | 26.31 | 25.80 | 26.53 | 25.47 | 0.752 times |
| 19 Fri Jul 2024 | 25.80 | 26.05 | 26.47 | 25.59 | 0.822 times |
| 18 Thu Jul 2024 | 26.02 | 26.54 | 26.99 | 25.87 | 0.981 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 22.4 as stoploss in an intra day buy trade for a target of 24.16. However, stock will show a bearish move below 22.4.
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 20.36 |
| Downside Target | 21.38 |
| Upside Target | 22.78 |
| Upside Target | 23.39 |
| Upside Target | 23.43 |
| Upside Target | 23.55 |
| Upside Target | 24.49 |
| Upside Target | 24.58 |
| Upside Target | 26.99 |
| Upside Target | 27.00 |
Intraday share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Intraday Target | 21.71 |
| Downside Intraday Target | 20.92 |
| Upside Intraday Target | 23.22 |
| Upside Intraday Target | 23.94 |
| Downside Intraday Target | 22.43 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 22.49 | 22.30 | 23.16 | 21.65 | 0.491 times |
| 26 Fri Jul 2024 | 22.49 | 25.80 | 27.00 | 21.97 | 0.88 times |
| 19 Fri Jul 2024 | 25.80 | 24.70 | 26.99 | 24.49 | 2.078 times |
| 12 Fri Jul 2024 | 24.32 | 22.29 | 24.58 | 22.12 | 3.676 times |
| 05 Fri Jul 2024 | 22.06 | 22.84 | 22.93 | 21.94 | 0.548 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 |
| 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 |
| 31 Fri May 2024 | 22.04 | 21.88 | 23.55 | 21.38 | 0.963 times |
| 30 Tue Apr 2024 | 21.66 | 23.39 | 23.39 | 20.64 | 1.06 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 neutral. A longer time frame might give a better analysis.
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 losing momentum.
MACD generated a SELL signal for Mercantil Bank in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantil Bank in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 24.43 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 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 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 neutral. A longer time frame might give a better analysis.
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 losing momentum.
MACD generated a SELL signal for Mercantil Bank in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantil Bank in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 24.43 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.