M & T BANK CORP (MTB)
US55261F1049 - Common Stock
Overall MTB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MTB is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MTB did better than 86% of all other stocks. We also observe that the gains produced by MTB over the past year are nicely spread over this period.
MTB 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 MTB has a been trading in the 161.15 - 175.98 range, which is quite wide. It is currently trading near the high of this range.
MTB is an average performer in the Banks industry, it outperforms 61% of 402 stocks in the same industry.
Although MTB 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
132.62
176.66
We found 6 important support areas.
- Support @172.14 from a horizontal line in the weekly time frame.
- A support zone ranging from 159.75 to 168.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @156.28 from a trend line in the weekly time frame.
- Support @148.90 from a trend line in the daily time frame.
- A support zone ranging from 144.39 to 145.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @133.96 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 174.90 to 174.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.04
Mansfield0.84
10 Day High175.98
10 Day Low161.4
20 Day High175.98
20 Day Low161.15
52 Week High176.44
52 Week Low108.53
Performance
1 Week3.99%
2 Weeks1.46%
1 Month5.73%
3 Month17.84%
6 Month22.28%
12 Month39.87%
2 Year-1.42%
3 Year16.39%
5 Year10.03%
10 Year40.98%
15 Year178.92%
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)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)64.19
LBB164.42
UBB174.35
M & T BANK CORP
NYSE:MTB (9/17/2024, 6:40:00 PM)
After market: 173.82 0 (0%)173.82
+0.74 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.43%
1 Week3.99%
2 Weeks1.46%
1 Month5.73%
3 Month17.84%
6 Month22.28%
12 Month39.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.82
ATR(20)%2.05%
ATR Inc
Range Today3.26
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High175.98
10 Day Low161.4
20 Day High175.98
20 Day Low161.15
52 Week High176.44
52 Week Low108.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.10M
Volume Incr28.08%
Vol(5)1.06M
Vol(50)948.47K