M&T Bank Corporation is a financial holding company. Co. has two wholly owned bank subsidiaries: M&T Bank and Wilmington Trust, N.A. Its subsidiaries offer a range of retail and commercial banking, trust and wealth management, and investment services to their customers. Its segments include Commercial Bank, Retail Bank and Institutional Services and Wealth Management. The Commercial Bank segment provides a range of credit products and banking services to middle-market and large commercial customers, mainly within the markets served by the Co..
When researching a stock like M and T Bank, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from MTB Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for MTB stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the MTB 200 day moving average ("MTB 200 DMA"), while one of the most popular "shorter look-backs" is the MTB 50 day moving average ("MTB 50 DMA"). A chart showing both of these popular moving averages is shown on this page for M and T Bank. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the MTB 200 DMA and the MTB 50 DMA, we get a moving average convergence divergence indicator ("MTB MACD"). The MTB MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |