The Greedy Trader Weekly Analysis
Sign In Aug 21, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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
- 8/14/2026 -
Sign In to see current Signals.

M&T Bank Corp. (MTB) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWilliams' Percentage Range and Lane's Stochastic are strongly overbought
Daily :The price is above the upper Bollinger BandThe period of low volatility of the stock price
Move cursor over the icon to see details.

It was a second consecutive positive week for the M&T Bank Corp. (MTB). During the week, the MTB gained 3.64 points, or 1.45%, and closed at 254.09 on Friday, August 14, 2026. Weekly volume was -38% 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 April 7, 2025 at 150.80 and reached 255.68 on August 13, 2026. MTB gained -104.88 points, or -69.55%, in 70 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 223.68 and resistance is at 268.68. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See MTB medium-term trend chart]
A medium-term uptrend had started on March 19, 2026 at 193.95 and reached 255.68 on August 13, 2026. MTB gained -61.73 points, or -31.83%, in 21 weeks. Price is near the trend high.

Weekly Technical Indicators: [See MTB weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 weekly MACD line is above its signal line since June 5, 2026. This is an indication that the medium-term trend is up. 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 May 15, 2026 at 202.85 and reached 255.68 on August 13, 2026. MTB gained -52.83 points, or -26.04%, in 90 days. Price is near the trend high.

Daily Technical Indicators: [See MTB daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since July 22, 2026. The distance between MACD and the signal line is low and getting smaller.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The distance between the Bollinger Bands is falling, and it was 3.65% on Friday. It is 63.07% 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.67
Williams' Percentage Range (W%R) 22.20
Lane's Stochastic (%D-Slow) 75.24
Greed/Fear Indicator (GFI) 71.58
Moving Average Converg./Diverg. (MACD) 3.82
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.39
Williams' Percentage Range (W%R) 4.40
Strong Overbought
Lane's Stochastic (%D-Slow) 90.51
Strong Overbought
Greed/Fear Indicator (GFI) 84.01
Overbought
Moving Average Converg./Diverg. (MACD) 8.60
Trading Signals
Description Value Chart
Monthly Trendline Resistance 268.68
Price 254.09
Upper Bollinger Band 254.07
Daily Stochastic Crossing 253.82
Weekly Stochastic Crossing 252.43
20 Day Moving Average 250.41
Parabolic System 246.97
Lower Bollinger Band 244.78
50 Day Moving Average 240.89
Monthly Trendline Support 223.68
Sector and Industry
Description Name Rank
Sector Financials 12
Industry Regional Banks 113
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 202.85
Low Date 05/15/2026
High 255.68
High Date 08/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 193.95
Low Date 03/19/2026
High 255.68
High Date 08/13/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 268.68
Support 223.68
Low 150.80
Low Date 04/07/2025
High 255.68
High Date 08/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 108.53
Low Date 10/27/2023
High 255.68
High Date 08/13/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 85.09
Low Date 05/14/2020
High 255.68
High Date 08/13/2026
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.