The Battle Of Mercantil Bank Holding Corporation ($AMTBB) And Oritani Financial Corp. ($ORIT)

2019-08-20 | Welcome! Today we compared how two different stocks in the Major Banks industry are trading: Mercantil Bank Holding Corporation and Oritani Financial Corp.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Mercantil Bank Holding Corporation opened at 13.63, got to a maximum price of 13.63 and dropped to as low as 13.63 before finishing the session at 13.63. In total there were 400.0 shares traded, which is enough to conduct our analysis. Compare that now to Oritani Financial Corp., which opened at 17.04, had a high of 17.34, a low of 17.01, closed at 17.33 and had a total volume of 322200.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Mercantil Bank Holding Corporation Oritani Financial Corp.
Accumulation-distribution index 218.23667 44.19467
on-balance volume -13.93 -16.89
chaikin money flow

7.9186 1.2
force index

0.3528 0.5015
ease of movement rating

-0.0032 0.00615
volume-price trend

0.46773 0.23089
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Mercantil Bank Holding Corporation Oritani Financial Corp.
Average true range 0.29679 0.19418
Bolinger bands 13.82198 17.37569
Upper bollinger band 13.22802 16.24431
Lower bollinger band

13.63 17.01
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

13.63 17.13
High band keltner channel

13.63 16.83
Low band keltner channel

13.63 17.43
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

13.63 17.01
Donchain channel low band

13.63 17.01
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Mercantil Bank Holding Corporation Oritani Financial Corp.
Moving Average Convergence Divergence (MACD) trend_macd -0.00897
MACD signal -0.00262 -0.00499
MACD difference -0.00209 -0.00399
fast Exponential Moving Average (EMA) indicator

13.63 17.01
slow Exponential Moving Average (EMA) indicator

13.63 17.01
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.04607 0.45867

0.22856 1.28559
Mass Index (MI)

1.8 1.0
Commodity Channel Index (CCI)

66.66667 -66.66667
Detrended Price Oscillator (DPO)

-0.44694 -0.22292
KST Oscillator (KST)

33.90276 13.27914
KST Oscillator (KST Signal)

33.90276 13.27914
KST difference

-3.98238 -5.95696
Ichimoku rating

13.63 17.19
Ichimoku B rating

13.63 17.19
Ichimoku visual trend A

13.61109 17.0405
Ichimoku visual trend B

14.07308 17.11545
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Mercantil Bank Holding Corporation Oritani Financial Corp.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 100.0
True Strength Index (TSI) 100.0 100.0
ultimate oscillator

100.0 88.13845
stochastic oscillator

50.0 110.0
stochastic oscillator signal

50.0 110.0
Williams %R rating

-50.0 10.0
awesome oscillator

0.10587 -0.04435

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Mercantil Bank Holding Corporation and Oritani Financial Corp..

Daily return 3.39028 1.32791
Daily log return -1.55271 -2.37965
Cumulative return -1.54072 -2.35156

So there you have it: our deep, grueling analysis comparing Mercantil Bank Holding Corporation and Oritani Financial Corp. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Mercantil Bank Holding Corporation:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether AMTBB is strong or weak. Again – this is not a reliable indication of whether Mercantil Bank Holding Corporation is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Oritani Financial Corp.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.
Gary Ivenchuck

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