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 trade for tomorrow is selective. Take a sell trade only if Mercantil Bank stays below 20.8, but if it comes above 20.8, then a intra day buy could be more profitable.
If you take a sell trade below 20.8, then use 20.8 as stoploss and 19.4 as target. However if you take a buy trade in Mercantil Bank, then use 20.8 as stoploss and 21.92 as target.

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: 20.68
  • 12Day Average: 21.41
  • 20Day Average: 22.08
  • 50Day Average: 23.19
  • 100Day Average: 22.1
  • 150Day Average: 22.13
  • 200Day Average: 22.14

AMTB Indicators & signals

Indicator MACD (12,26,9)

21.35, 22.18, -0.64
Indicator MACD is in negative zone

Indicator ADX (14)

51.72, 9.21, 28.95
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
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
13 Mon Jan 2025 20.55 19.84 to 20.57 0% 1.11 times
13 Mon Jan 2025 20.55 19.84 to 20.57 2.04% 1.11 times
10 Fri Jan 2025 20.14 19.91 to 20.60 -4.46% 1.13 times
08 Wed Jan 2025 21.08 20.79 to 21.48 0% 1.06 times
08 Wed Jan 2025 21.08 20.79 to 21.48 -1.31% 1.06 times
07 Tue Jan 2025 21.36 20.99 to 21.85 -1.07% 1.36 times
06 Mon Jan 2025 21.59 21.54 to 22.17 -0.87% 1.04 times
03 Fri Jan 2025 21.78 21.30 to 21.93 1.02% 0.99 times
02 Thu Jan 2025 21.56 21.56 to 22.65 -3.79% 0.75 times
31 Tue Dec 2024 22.41 22.12 to 22.59 -0.13% 0.9 times
30 Mon Dec 2024 22.44 22.02 to 22.49 0.49% 0.58 times
27 Fri Dec 2024 22.33 22.04 to 22.68 -1.41% 0.83 times

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

 

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