The Greedy Trader Weekly Analysis
Sign In Apr 2, 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
- 3/27/2026 -
Sign In to see current Signals.

M&T Bank Corp. (MTB) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sectorBroken trend resistance lineTrend support at 195.13
Daily :Stochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a second positive week after 3 consecutive negative weeks for the M&T Bank Corp. (MTB). During the week, the MTB gained 2.78 points, or 1.40%, and closed at 200.93 on Friday, March 27, 2026. Weekly volume was -10% below average.

MTB is a member of Financials Sector. Financials is the second most oversold 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 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 (186.51) 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 chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (195.13) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line 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 March 6, 2026. 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 193.95 on March 19, 2026. MTB lost 45.05 points, or 18.85%, in 36 days. The chart has formed a Broadening Descending Wedge chart pattern.

Daily Technical Indicators: [See MTB daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.77
Williams' Percentage Range (W%R) 58.10
Lane's Stochastic (%D-Slow) 75.03
Greed/Fear Indicator (GFI) 51.89
Moving Average Converg./Diverg. (MACD) -5.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.36
Williams' Percentage Range (W%R) 56.90
Lane's Stochastic (%D-Slow) 26.65
Greed/Fear Indicator (GFI) 39.66
Moving Average Converg./Diverg. (MACD) 6.88
Trading Signals
Description Value Chart
Upper Bollinger Band 221.54
50 Day Moving Average 216.63
20 Day Moving Average 205.02
Daily Stochastic Crossing 204.27
Weekly Stochastic Crossing 202.81
Price 200.93
Parabolic System 196.41
Weekly Trendline Support 195.13
Lower Bollinger Band 190.67
Quarterly Trendline Support 186.51
Quarterly Trendline Resistance 179.17
Sector and Industry
Description Name Rank
Sector Financials 2
Industry Regional Banks 35
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 239.00
High Date 02/11/2026
Low 193.95
Low Date 03/19/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 262.02
Support 195.13
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 179.17
Support 186.51
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.