M & T BANK CORP (MTB)
US55261F1049 - Common Stock
We assign a technical rating of 10 out of 10 to MTB. Both in the recent history as in the last year, MTB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MTB is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, MTB also shows a nice and consistent pattern of rising prices.
MTB is part of the Banks industry. There are 404 other stocks in this industry. MTB outperforms 93% of them.
MTB is currently making a new 52 week high. This is a strong signal. 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 189.25 - 221.52 range, which is quite wide. It is currently trading near the high of this range.
MTB has an average volume of 1147550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, MTB also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
163.70
223.33
We found 4 important support areas.
- Support @202.34 from a trend line in the daily time frame.
- A support zone ranging from 190.66 to 192.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @185.48 from a trend line in the daily time frame.
- Support @165.35 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.4
Mansfield2.59
10 Day High221.52
10 Day Low211.21
20 Day High221.52
20 Day Low189.25
52 Week High221.52
52 Week Low123.46
Performance
1 Week2.97%
2 Weeks5.59%
1 Month14.83%
3 Month31.09%
6 Month46.77%
12 Month76.02%
2 Year30.06%
3 Year50.82%
5 Year34.22%
10 Year75.46%
15 Year237.18%
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)72.01
LBB200.18
UBB224.8
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 221.53 | 211.20 | 10.33 (4.66%) | 21.45% |
| An entry @221.53. This is a Buy Stop order right above the 10 day high. | An exit @211.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.33 points, which is 4.66%. | When investing 21.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
M & T BANK CORP
NYSE:MTB (11/22/2024, 8:04:00 PM)
After market: 221.12 0 (0%)221.12
+4.5 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.08%
1 Week2.97%
2 Weeks5.59%
1 Month14.83%
3 Month31.09%
6 Month46.77%
12 Month76.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.92
ATR(20)%2.41%
ATR Inc
Range Today5.3
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 High221.52
10 Day Low211.21
20 Day High221.52
20 Day Low189.25
52 Week High221.52
52 Week Low123.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume951.30K
Volume Incr-35.15%
Vol(5)731.68K
Vol(50)1.15M