Technical Analysis for MTB - M&T Bank Corporation

Grade Last Price % Change Price Change
C 140.93 0.28% 0.40
MTB closed up 0.28 percent on Monday, March 18, 2024, on 69 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
20 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Multiple of Ten Bullish Other 0.00%
Gapped Up Strength 0.00%
20 DMA Support Bullish 0.28%
Pocket Pivot Bullish Swing Setup 0.28%
Volume Surge Other 0.28%
Multiple of Ten Bullish Other 0.28%
Gapped Down Weakness 0.28%

   Recent Intraday Alerts

Alert Time
Gap Up Closed about 20 hours ago
Gap Up Partially Closed about 20 hours ago
60 Minute Opening Range Breakdown about 20 hours ago
Fell Below Previous Day's Low about 20 hours ago
Down 1% about 20 hours ago

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Profile

M&T Bank Corporation Description

M&T Bank Corporation operates as the holding company for M&T Bank that provide commercial and retail banking services to individuals, corporations, and other businesses and institutions. The company's Business Banking segment provides deposits, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products, and cash management services to middle-market and large commercial customers. The company's Commercial Real Estate segment offers commercial real estate loans secured by various types of multifamily residential and commercial real estate properties, as well as and deposit services. Its Discretionary Portfolio segment operations include investment and trading securities, and residential mortgage loans; short-term and long-term borrowed funds; brokered certificates of deposit and interest rate swap agreements; and Cayman Islands office deposits, as well as foreign exchange services. The company's Residential Mortgage Banking segment provides residential mortgage loans and sells those loans in the secondary market. This segment also purchases servicing rights to loans originated by other entities, as well as originates loans to developers of residential real estate properties. Its Retail Banking segment provides demand, savings, and time accounts; consumer installment loans, automobile loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company offers its products and services through banking office, business banking centers, telephone banking, Internet banking, and automated teller machines (ATMs). As of March 6, 2013, it operated approximately 727 branches and 2,000 ATMs located in New York, Maryland, Pennsylvania, Washington, District of Columbia, Virginia, West Virginia, and Delaware. The company was founded in 1856 and is headquartered in Buffalo, New York.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: S&P 500 Banking Bank Deposit Products Loan Mortgage Loan Commercial Banking Real Estate Loans Commercial Bank Cash Management Cash Management Services Real Estate Properties Internet Banking Mortgage Banking Deposit Services Retail Banking Services Residential And Commercial Real Estate Interest Rate Swap Foreign Exchange Services Residential Mortgage Banking Residential Real Estate Properties Multifamily Residential And Commercial Real Estate

Is MTB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 146.851
52 Week Low 105.0738
Average Volume 1,286,630
200-Day Moving Average 127.81
50-Day Moving Average 136.97
20-Day Moving Average 139.61
10-Day Moving Average 142.27
Average True Range 3.56
RSI (14) 54.75
ADX 15.47
+DI 20.77
-DI 18.45
Chandelier Exit (Long, 3 ATRs) 136.11
Chandelier Exit (Short, 3 ATRs) 144.61
Upper Bollinger Bands 145.55
Lower Bollinger Band 133.66
Percent B (%b) 0.61
BandWidth 8.51
MACD Line 1.67
MACD Signal Line 1.74
MACD Histogram -0.0736
Fundamentals Value
Market Cap 23.42 Billion
Num Shares 166 Million
EPS 15.79
Price-to-Earnings (P/E) Ratio 8.93
Price-to-Sales 2.46
Price-to-Book 0.89
PEG Ratio 1.35
Dividend 5.20
Dividend Yield 3.69%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 145.91
Resistance 3 (R3) 145.69 143.81 145.08
Resistance 2 (R2) 143.81 142.54 143.92 144.80
Resistance 1 (R1) 142.37 141.76 141.43 142.59 144.53
Pivot Point 140.49 140.49 140.02 140.60 140.49
Support 1 (S1) 139.05 139.22 138.11 139.27 137.33
Support 2 (S2) 137.17 138.44 137.28 137.06
Support 3 (S3) 135.73 137.17 136.78
Support 4 (S4) 135.95