Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
M&T Bank Corporation (NYSE:MTB)
Bull Market Weakness (+75) - MTB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MTB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MTB?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MTB
The long-term trend has been UP since Dec 1st, 2023 at 130.90
The intermediate-term trend has been UP since Aug 28th, 2024 at 170.88
The short-term trend has been DOWN since Nov 14th, 2024 at 211.81
Smart Scan Analysis for MTB
Based on our trend formula, MTB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 211.21 | 214.69 | 211.21 | 213.81 | -1.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 213.71 | 395455 | 2024-11-19 15:59:34 |
| Year High | 197.37 | Year High Date | 2018-02-27 |
| Year Low | 154.33 | Year Low Date | 2018-10-24 |
| 52wk High | 216.84 | 52wk High Date | 2024-11-06 |
| 52wk Low | 123.46 | 52wk Low Date | 2023-11-28 |
| Year End Close | 98.47 | Average Volume | 1,111,864 |
| Shares Outstanding | 165,921 | Short Interest | 9,573,288 |
| % Institutional | 83.8 | Market Cap | 20,719M |
| Assets | 211,785,000M | Liabilities | 182,909,000M |
| P/E Ratio | 15.9008 | Beta | 0.65 |
| Volatility | 19.97 |