M & T BANK CORP (MTB)
US55261F1049 - Common Stock
We assign a technical rating of 7 out of 10 to MTB. In the last year, MTB was one of the better performers, but we do observe some doubts in the very recent evolution.
MTB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that MTB is one of the better performing stocks in the market, outperforming 84% 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 405 other stocks in this industry. MTB outperforms 85% of them.
MTB has an average volume of 1119980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MTB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MTB is lagging the market slightly.
MTB has an excellent technical rating, but the quality of the setup is 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
171.68
224.18
2 important support areas can be observed.
- A support zone ranging from 185.41 to 191.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @173.41 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 221.13 to 221.96. 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
CRS84.2
Mansfield1.11
10 Day High196.11
10 Day Low185.72
20 Day High200.99
20 Day Low184.22
52 Week High225.7
52 Week Low128.31
Performance
1 Week0.92%
2 Weeks3.06%
1 Month-2.47%
3 Month-1.28%
6 Month18.02%
12 Month39.91%
2 Year25.01%
3 Year15.14%
5 Year15.73%
10 Year72.34%
15 Year164.43%
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)0.83
RSI(14)50.1
LBB186.5
UBB194.57
M & T BANK CORP
NYSE:MTB (1/14/2025, 8:04:00 PM)
After market: 195.02 0 (0%)195.02
+3.87 (+2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.02%
1 Week0.92%
2 Weeks3.06%
1 Month-2.47%
3 Month-1.28%
6 Month18.02%
12 Month39.91%
2 Year25.01%
3 Year15.14%
5 Year15.73%
10 Year72.34%
15 Year164.43%
Volatility
ATR(14)3.84
ATR(20)%2.3%
ATR Inc22.57%
Range Today3.86
ADR(20)4.37
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.2
Mansfield1.11
10 Day High196.11
10 Day Low185.72
20 Day High200.99
20 Day Low184.22
52 Week High225.7
52 Week Low128.31
CS1 End191.18
CR1 Start221.13
Volume & EV
DER(3)-2.38%
DER(5)-1.53%
Volume1.52M
Volume Incr2.26%
Vol(5)1.27M
Vol(50)1.12M