Mercantil Bank Holding Cl B (AMTBB) Stock Technical Analysis
NASDAQ:AMTBB -
28.72
-0.33 (-1.14%)
Taking everything into account, AMTBB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AMTBB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: AMTBB has an average volume of 20227 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AMTBB is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by AMTBB over the past year are nicely spread over this period.
AMTBB is one of the better performing stocks in the Banks industry, it outperforms 100% of 395 stocks in the same industry.
AMTBB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AMTBB has a been trading in the 24.40 - 29.05 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although AMTBB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.37
29.01
We found 2 important support areas.
- Support @26.06 from a trend line in the daily time frame.
- A support zone ranging from 24.62 to 25.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AMTBB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMTBB is up. |
| ChartMill Relative Strength | 96.69 | POSITIVE | AMTBB has a high relative strength, it outperformed 96.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMTBB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMTBB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMTBB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.54 | OVERBOUGHT | The high RSI value suggests AMTBB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests AMTBB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.12 | OVERBOUGHT | The high Stochastics value suggests AMTBB may be overbought. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for AMTBB suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:AMTBB (11/17/2021, 8:16:39 PM)
28.72
-0.33 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.14%
1 Week3.76%
2 Weeks10.97%
1 Month15.06%
3 Month40.1%
6 Month73.01%
12 Month131.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%2.52%
ATR Inc20.26%
Range Today0.61
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.69
Mansfield4.56
10 Day High29.05
10 Day Low25.72
20 Day High29.05
20 Day Low24.4
52 Week High29.05
52 Week Low11.26
CS1 End26.06
CR1 StartN/A
Volume & EV
DER(3)-1.49%
DER(5)-0.64%
Volume3.90K
Volume Incr-19.18%
Vol(5)5.66K
Vol(50)20.23K