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Takip Edin: @UscMarketsMTB Stock Forecast & M&T Bank Corporation Chart Analysis
This article provides a detailed analysis of MTB-M&T Bank Corporation stock including a forecast for MTB shares. It features M&T Bank Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
MTB Historical Data Review
MTB Current Price Performance Analysis
The M&T Bank Corporation - MTB stock traded on the American stock market, on 06-05-2024, closed at 146.04$ with a %-0.32 decreased compared to the previous day.
In the last month, the price of MTB changed by %-2.14 decreased in value, from 149.24 dollars on 05-06-2024 to 146.04 dollars, decreased.
Last year, the price of MTB was 127.1 dollars on 06-06-2023, and changed by %14.90 increased in value, to 146.04 dollars increased within a year.
The price of M&T Bank Corporation stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
MTB with AI Stock Forecast & Price Target
On the MTB chart M&T Bank Corporation price was recorded as 146.04 Dollars on 06/05/2024.
The artificial intelligence's forecast on MTB stock is as follows.
The artificial intelligence's prediction error margin for MTB stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for M&T Bank Corporation stock over the next 4 months is: 120.7 Dollars.
The commentary on MTB stock Target Price: Highest: 134.117 Dollars is predicted.
The commentary on MTB stock Target Price: Lowest: 112.86 Dollars is predicted.
Resistance Price where M&T Bank Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-08-2024 | 118.292 |
| 01-01-2025 | 126.637 |
Support Price where M&T Bank Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-13-2024 | 112.860 |
| 11-07-2024 | 113.296 |
| 02-20-2025 | 116.879 |
The commentary on MTB stock: Fluctuations in the target price can be expected in the coming days.
The target price for M&T Bank Corporation stock by the end of 2024 is predicted to be 126.364 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on MTB stock, and the 2024 target price predictions for M&T Bank Corporation are detailed above.
The technical analysis and charts for the commentary on MTB stock are below.
MTB Support & Resistance and Trend Analysis
MTB stock you have reviewed the technical analysis support resistance charts regarding.
MTB : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the MTB review, the M&T Bank Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
M&T Bank Corporation Support and Resistance Prices:
| MTB Support Level Price | MTB Resistance Level Price |
|---|---|
| 115.93 | 127.34 |
| 123.46 | 134.79 |
| 128.31 | 139.98 |
| 128.55 | 140.27 |
| 130.20 | 142.40 |
| 131.73 | 142.48 |
| 133.03 | 144.42 |
| 133.86 | 145.43 |
| 134.14 | 147.01 |
| 138.44 | 148.23 |
| 143.96 | 148.25 |
| 154.94 | |
| 156.65 |
MTB Technical Analysis: SMA, RSI, MACD
Upon reviewing the MTB chart, buy and sell signals have been generated in the M&T Bank Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for MTB stock are as follows:- The technical analysis for MTB indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for M&T Bank Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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