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M&T Bank Corp Crosses Above its 10-day MA (MTB)

By James Quinn

M&T Bank Corp (NYSE:MTB) shares have crossed bullishly above their 10-day moving average of $163.84 on a volume of 102K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

M&T Bank Corp share prices have moved between a 52-week high of $187.07 and a 52-week low of $133.78 and are now trading 23% above that low price at $164.82 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for M&T Bank Corp and will alert subscribers who have MTB in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses m&t bank corp

Ticker(s): MTB