The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 3/13/2026 -
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M&T Bank Corp. (MTB) Technical Analysis

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Summary:
Weekly :Weekly  MACD line has moved below its signal lineBroken trend resistance line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageWilliams' Percentage Range and Lane's Stochastic are oversold
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It was the negative week for the M&T Bank Corp. (MTB). During the week, the MTB dropped -14.20 points, or -6.75%, and closed at 196.26 on Friday, March 13, 2026. Weekly volume was 11% above average.

Long-term trend: [See MTB long-term trend chart]
A long-term uptrend had started on October 27, 2023 at 108.53 and reached 239.00 on February 11, 2026. MTB gained -130.47 points, or -120.22%, in 119 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (185.20) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See MTB medium-term trend chart]
A medium-term uptrend had started on October 16, 2025 at 174.76 and reached 239.00 on February 11, 2026. MTB gained -64.24 points, or -36.76%, in 16 weeks. The price is now at the 66.53% retracement level.

Weekly Technical Indicators: [See MTB weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See MTB short-term trend chart]
A short-term downtrend had started on February 11, 2026 at 239.00 and reached 195.89 on March 13, 2026. MTB lost 43.11 points, or 18.04%, in 30 days. The chart has formed a Falling Channel chart pattern.

Daily Technical Indicators: [See MTB daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since February 12, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 21.32
Williams' Percentage Range (W%R) 89.70
Oversold
Lane's Stochastic (%D-Slow) 11.00
Oversold
Greed/Fear Indicator (GFI) 14.21
Oversold
Moving Average Converg./Diverg. (MACD) -2.76
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.58
Williams' Percentage Range (W%R) 65.70
Lane's Stochastic (%D-Slow) 55.25
Greed/Fear Indicator (GFI) 45.58
Moving Average Converg./Diverg. (MACD) 7.60
Trading Signals
Description Value Chart
Upper Bollinger Band 235.23
50 Day Moving Average 218.35
20 Day Moving Average 217.53
Weekly Stochastic Crossing 215.72
Parabolic System 205.53
Daily Stochastic Crossing 197.55
Price 196.26
Lower Bollinger Band 192.68
Quarterly Trendline Support 185.20
Quarterly Trendline Resistance 180.56
Sector and Industry
Description Name Rank
Sector Financials 3
Industry Regional Banks 39
Daily Trend
Description Value
Direction Down
Chart Pattern Falling Channel
High 239.00
High Date 02/11/2026
Low 195.89
Low Date 03/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 174.76
Low Date 10/16/2025
High 239.00
High Date 02/11/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 150.80
Low Date 04/07/2025
High 239.00
High Date 02/11/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 180.56
Support 185.20
Low 108.53
Low Date 10/27/2023
High 239.00
High Date 02/11/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 85.09
Low Date 05/14/2020
High 239.00
High Date 02/11/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.