(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 2024-06-05 View latest technical analysis
10 day averaged volume of Mercantil Bank is 80050
Date | Daily Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 21.78 | 21.89 | 21.98 | 21.55 | 0.691 times |
04 Tue Jun 2024 | 21.68 | 21.88 | 21.95 | 21.57 | 1.086 times |
03 Mon Jun 2024 | 22.16 | 22.35 | 22.35 | 21.79 | 1.423 times |
31 Fri May 2024 | 22.04 | 21.96 | 22.15 | 21.94 | 1.683 times |
30 Thu May 2024 | 21.82 | 21.72 | 21.98 | 21.64 | 0.688 times |
29 Wed May 2024 | 21.38 | 21.54 | 21.69 | 21.38 | 0.939 times |
28 Tue May 2024 | 21.92 | 22.31 | 22.44 | 21.81 | 0.891 times |
24 Fri May 2024 | 22.31 | 22.30 | 22.35 | 22.13 | 0.617 times |
23 Thu May 2024 | 22.13 | 22.76 | 22.76 | 22.04 | 0.957 times |
22 Wed May 2024 | 22.70 | 22.86 | 22.95 | 22.56 | 0.844 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.9, but if it comes above 21.9, then a intra day buy could be more profitable.
If you take a sell trade below 21.9, then use 21.9 as stoploss and 21.2 as target. However if you take a buy trade in stock , then use 21.9 as stoploss and 22.54 as target.
Share price targets for Mercantil Bank (AMTB)
Target Type | Value |
Downside Target | 20.36 |
Upside Target | 22.04 |
Upside Target | 22.44 |
Upside Target | 22.95 |
Upside Target | 23.24 |
Upside Target | 23.29 |
Upside Target | 23.36 |
Upside Target | 23.39 |
Upside Target | 23.43 |
Upside Target | 23.55 |
Intraday share price targets for Mercantil Bank (AMTB)
Target Type | Value |
Downside Intraday Target | 21.44 |
Downside Intraday Target | 21.09 |
Upside Intraday Target | 22.24 |
Upside Intraday Target | 22.69 |
Upside Intraday Target | 21.89 |
Weekly technical analysis of Mercantil Bank (AMTB)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 21.78 | 22.35 | 22.35 | 21.55 | 0.762 times |
31 Fri May 2024 | 22.04 | 22.31 | 22.44 | 21.38 | 0.964 times |
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 |
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 Wed Jun 2024 | 21.78 | 22.35 | 22.35 | 21.55 | 0.157 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 |
28 Thu Mar 2024 | 23.29 | 21.02 | 23.43 | 20.36 | 0.827 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 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 21.99 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 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 21.99 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.