(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 2024-08-05 View latest technical analysis
10 day averaged volume of Mercantil Bank is 210370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 18.97 | 19.15 | 19.45 | 18.58 | 1.075 times |
| 02 Fri Aug 2024 | 20.02 | 20.83 | 20.83 | 19.98 | 0.81 times |
| 01 Thu Aug 2024 | 21.18 | 22.51 | 22.65 | 21.07 | 0.804 times |
| 31 Wed Jul 2024 | 22.49 | 22.29 | 23.16 | 22.03 | 1.028 times |
| 30 Tue Jul 2024 | 22.34 | 21.87 | 22.60 | 21.87 | 0.773 times |
| 29 Mon Jul 2024 | 21.85 | 22.30 | 22.56 | 21.65 | 0.959 times |
| 26 Fri Jul 2024 | 22.49 | 23.74 | 23.96 | 21.97 | 1.261 times |
| 25 Thu Jul 2024 | 24.27 | 23.86 | 25.21 | 23.86 | 1.462 times |
| 24 Wed Jul 2024 | 26.37 | 26.71 | 27.00 | 26.20 | 1.025 times |
| 23 Tue Jul 2024 | 26.72 | 26.14 | 27.00 | 26.07 | 1.078 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 18.9, for a target of 21.6 or 23.83
Share price targets for Mercantil Bank (AMTB)
| Target Type | Value |
| Downside Target | 18.58 |
| Upside Target | 19.45 |
| Upside Target | 19.98 |
| Upside Target | 20.64 |
| Upside Target | 21.38 |
| Upside Target | 22.65 |
| Upside Target | 23.39 |
| 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 | 18.55 |
| Downside Intraday Target | 18.13 |
| Upside Intraday Target | 19.42 |
| Upside Intraday Target | 19.87 |
| Upside Intraday Target | 19 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 18.97 | 19.15 | 19.45 | 18.58 | 0.246 times |
| 02 Fri Aug 2024 | 20.02 | 22.30 | 23.16 | 19.98 | 0.778 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 |
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 |
| 05 Mon Aug 2024 | 18.97 | 22.51 | 22.65 | 18.58 | 0.133 times |
| 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 |
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 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 mid to longer 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.
ADX buy sell signal for Mercantil Bank stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mercantil Bank in short term and the sell signal is strong.
Mercantil Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 22.84 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 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 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 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 mid to longer 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.
ADX buy sell signal for Mercantil Bank stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mercantil Bank in short term and the sell signal is strong.
Mercantil Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 22.84 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.