Technical Analysis for MTB - M&T Bank Corporation
|Grade||Last Price||% Change||Price Change|
MTB closed down 0.29 percent on Friday, August 18, 2017, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Trend Table & Recent Alerts
|Weak or Absent||Down||Down||Down|
|See historical MTB trend table...|
|Date||Alert Name||Type||% Chg|
|Aug 18||Lower Bollinger Band Walk||Other||0.00%|
|Aug 18||Cup with Handle||Other||0.00%|
|Aug 17||Downside 200 DMA Break||Bearish||-0.29%|
|Aug 17||Stochastic Reached Oversold||Other||-0.29%|
|Aug 17||Expansion Breakdown||Bearish Swing Setup||-0.29%|
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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.
Is MTB a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more MTB news...
|52 Week High||172.1503|
|52 Week Low||110.6794|
|200-Day Moving Average||156.2|
|50-Day Moving Average||161.7206|
|20-Day Moving Average||160.466|
|10-Day Moving Average||158.98|
|Average True Range||2.8832|
|Chandelier Exit (Long, 3 ATRs)||158.0504|
|Chandelier Exit (Short, 3 ATRs)||160.6896|
|Upper Bollinger Band||167.1985|
|Lower Bollinger Band||153.7335|
|Percent B (%b)||-0.02|
|MACD Signal Line||-0.7225|