(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 2024-04-09 View latest technical analysis
10 day averaged volume of Mercantil Bank is 66300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 22.70 | 22.97 | 23.00 | 22.54 | 0.759 times |
| 08 Mon Apr 2024 | 22.89 | 22.51 | 23.00 | 22.51 | 1.486 times |
| 05 Fri Apr 2024 | 22.31 | 22.19 | 22.45 | 22.10 | 0.638 times |
| 04 Thu Apr 2024 | 22.20 | 22.22 | 22.75 | 22.07 | 1.109 times |
| 03 Wed Apr 2024 | 22.26 | 22.08 | 22.54 | 22.08 | 1.033 times |
| 02 Tue Apr 2024 | 22.29 | 22.43 | 22.65 | 22.09 | 1.08 times |
| 01 Mon Apr 2024 | 22.78 | 23.39 | 23.39 | 22.53 | 0.86 times |
| 28 Thu Mar 2024 | 23.29 | 23.06 | 23.43 | 23.02 | 1.606 times |
| 27 Wed Mar 2024 | 23.08 | 22.20 | 23.10 | 22.20 | 1.104 times |
| 26 Tue Mar 2024 | 21.97 | 22.45 | 22.45 | 21.96 | 0.578 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 22.8 as stoploss in an intra day sell trade for a target of 22.3. However, stock will show a bullish move above 22.8.
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 | 23.00 |
| 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 | 22.47 |
| Downside Intraday Target | 22.25 |
| Upside Intraday Target | 22.96 |
| Upside Intraday Target | 23.23 |
| Upside Intraday Target | 22.74 |
Weekly technical analysis of Mercantil Bank (AMTB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 22.70 | 22.51 | 23.00 | 22.51 | 0.476 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 |
| 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 |
Price has moved up 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 |
| 09 Tue Apr 2024 | 22.70 | 23.39 | 23.39 | 22.07 | 0.288 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 22.66 and Mercantil Bank (AMTB) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mercantil Bank ( (AMTB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 22.66 and Mercantil Bank (AMTB) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.