M & T BANK CORP (MTB) Stock Technical Analysis
NYSE:MTB - New York Stock Exchange, Inc. - US55261F1049 - Common Stock - Currency: USD
Taking everything into account, MTB scores 3 out of 10 in our technical rating. In the past year, MTB was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
In the last month MTB has a been trading in the 153.71 - 179.25 range, which is quite wide. It is currently trading near the high of this range.
MTB has an average volume of 1475910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, MTB turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
MTB is part of the Banks industry. There are 397 other stocks in this industry, MTB did better than 41% of them.
MTB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
MTB has a poor technical rating and the quality of the setup is also only medium 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
155.00
204.01
3 important support areas can be observed.
- A support zone ranging from 171.72 to 175.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 159.76 to 160.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 156.57 to 157.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @178.49 from a trend line in the daily time frame.
- A resistance zone ranging from 201.25 to 201.99. 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
CRS67.81
Mansfield0.02
10 Day High179.25
10 Day Low165.34
20 Day High179.25
20 Day Low153.71
52 Week High225.7
52 Week Low139.78
Performance
1 Week1.05%
2 Weeks5.83%
1 Month12.23%
3 Month-11.59%
6 Month-15.41%
12 Month15.29%
2 Year48.67%
3 Year-1.57%
5 Year67.66%
10 Year46.55%
15 Year123.56%
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)1.77
RSI(14)59.92
LBB162.34
UBB179.79
177.15
-0.41 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.23%
1 Week1.05%
2 Weeks5.83%
1 Month12.23%
3 Month-11.59%
6 Month-15.41%
12 Month15.29%
2 Year48.67%
3 Year-1.57%
5 Year67.66%
10 Year46.55%
15 Year123.56%
Volatility
ATR(14)4.38
ATR(20)%2.66%
ATR Inc-23.03%
Range Today1.47
ADR(20)4.23
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.81
Mansfield0.02
10 Day High179.25
10 Day Low165.34
20 Day High179.25
20 Day Low153.71
52 Week High225.7
52 Week Low139.78
CS1 End175.52
CR1 Start178.49
Volume & EV
DER(3)0.64%
DER(5)1.26%
Volume872.89K
Volume Incr-17.24%
Vol(5)1.13M
Vol(50)1.48M