M&T Bank Bullish Moving Average Crossover Alert (MTB)
M&T Bank (NYSE:MTB) crossed over its 10-day moving average of $114.49 on a volume of 171K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
M&T Bank share prices have moved between a 52-week high of $134.00 and a 52-week low of $100.07 and are now trading 15% above that low price at $115.31 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.7%.
SmarTrend is monitoring the recent change of momentum in M&T Bank. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of M&T Bank in search of a potential trend change.
Keywords: moving crosses m&t bank