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Downtrend Broken Resist.Archive - 11/21/2025 - Sign In to see current Signals. |
M&T Bank Corp. (MTB) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a third consecutive positive week for the M&T Bank Corp. (MTB). During the week, the MTB climbed 1.64 points, or 0.88%, and closed at 188.60 on Friday, November 21, 2025. Weekly volume was -27% below average. MTB is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See MTB long-term trend chart] A long-term uptrend had started on October 27, 2023 at 108.53 and reached 225.70 on November 25, 2024. MTB gained -117.17 points, or -107.96%, in 56 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 169.47 and resistance is at 191.04. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
Medium-term trend: [See MTB medium-term trend chart] A medium-term downtrend had started on July 10, 2025 at 204.32 and reached 174.76 on October 16, 2025. MTB lost 29.56 points, or 14.47%, in 14 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 170.90 and resistance is at 203.46. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See MTB weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since October 3, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See MTB short-term trend chart] A short-term uptrend had started on October 16, 2025 at 174.76 and reached 191.08 on November 12, 2025. MTB gained -16.32 points, or -9.34%, in 27 days. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern.
Daily Technical Indicators: [See MTB daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since October 24, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. The distance between the Bollinger Bands is falling, and it was 5.32% on Friday. It is 54.24% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.
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