ebook Munafa Stock Market Course + Intraday & FNO calls  

       

AMTB NEWS why is Mercantil Bank Holding Corporation price falling or rising

AMTB NEWS reasons for why stock price of Mercantil Bank Holding Corporation is falling or rising

AMTB Mercantil Bank is falling or rising technical reasons

Technical analysis forecast for Mercantil Bank Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mercantil Bank AMTB at this time. Stock is falling and might fall more.

It appears as if Mercantil Bank AMTB gave a large move recently.

Stock of Mercantil Bank (AMTB) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Mercantil Bank is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 18.5 as stoploss in an intra day buy trade for a target of 19.23. However, stock will show a bearish move below 18.5.

AMTB Mercantil Bank is falling or rising NEWS fundamental reasons

More announcements and NEWS

AMTB Mercantil Bank Holding Corporation current price & indicator signals

Moving Averages for Mercantil Bank Holding Corporation

  • 5Day Average: 18.62
  • 12Day Average: 19.06
  • 20Day Average: 19.57
  • 50Day Average: 19.11
  • 100Day Average: 18.79
  • 150Day Average: 21.15
  • 200Day Average: 22.78

AMTB Indicators & signals

Indicator MACD (12,26,9)

19.03, 19.27, -0.06
Indicator MACD is in negative zone

Indicator ADX (14)

27.27, 13.56, 23.73
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AMTB Mercantil Bank Holding Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Mon Aug 2023 18.58 18.52 to 19.00 0% 1.8 times
28 Mon Aug 2023 18.58 18.52 to 19.00 0.49% 1.8 times
25 Fri Aug 2023 18.49 18.28 to 18.95 -1.44% 0.84 times
24 Thu Aug 2023 18.76 18.53 to 19.00 0.43% 1.14 times
23 Wed Aug 2023 18.68 18.64 to 19.00 -0.53% 1.14 times
22 Tue Aug 2023 18.78 18.70 to 19.44 -2.34% 0.84 times
21 Mon Aug 2023 19.23 19.21 to 19.66 -2.24% 0.76 times
18 Fri Aug 2023 19.67 19.41 to 19.93 0.46% 0.93 times
17 Thu Aug 2023 19.58 19.03 to 19.60 2.09% 0.65 times
16 Wed Aug 2023 19.18 19.10 to 19.46 -0.52% 0.94 times
15 Tue Aug 2023 19.28 19.24 to 19.82 -2.97% 0.96 times
14 Mon Aug 2023 19.87 19.62 to 20.05 -1.44% 0.84 times

Videos related to: AMTB NEWS why is Mercantil Bank Holding Corporation price falling or rising

Hindi Video The Truth Of Stock Markets That Everyone Is Hiding From You

Hindi Basics How To Trade In FnO Futures Options Stock Market

AMTB NEWS why is Mercantil Bank Holding Corporation price falling or rising

 

Back to top