Login or Join
Learn then Earn

(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.

10 day averaged volume of Mercantil Bank is 70531

Date Daily Closing Price Open High Low Volume
24 Fri May 2024 22.31 22.30 22.35 22.13 0.7 times
23 Thu May 2024 22.13 22.76 22.76 22.04 1.086 times
22 Wed May 2024 22.70 22.86 22.95 22.56 0.958 times
21 Tue May 2024 22.96 22.93 23.15 22.91 0.99 times
20 Mon May 2024 23.02 23.30 23.36 23.02 1.212 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 22.3 as stoploss in an intra day buy trade for a target of 22.71. However, stock will show a bearish move below 22.3.

Share price targets for Mercantil Bank (AMTB)

Target Type Value
Downside Target 20.36
Downside Target 21.44
Upside 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 21.78
Downside Intraday Target 21.25
Upside Intraday Target 23.1
Upside Intraday Target 23.89
Upside Intraday Target 22.57

Weekly technical analysis of Mercantil Bank (AMTB)

Date Weekly Closing Price Open High Low Volume
24 Fri May 2024 22.31 23.30 23.36 22.04 0.979 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
24 Fri May 2024 22.31 21.88 23.55 21.88 0.764 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 1.032 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 28, 18 Sell
MACD 0, 0Sell
Stochastics 13Sell
CCI -148Sell
RSI 51Buy
OBV -39132Sell
VWAP 23Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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

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 SELL. Signal strength is Weak and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 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 22.93 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.

Learn then Earn
Back to top | Use Dark Theme