Mt Bank Stock Technical Analysis

MTB Stock  USD 216.56  23.42  12.13%   
As of the 7th of November, MT Bank owns the Market Risk Adjusted Performance of 0.2693, mean deviation of 1.31, and Standard Deviation of 2.06. In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of MT Bank, as well as the relationship between them.

MT Bank Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MTB, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MTB
  
MT Bank's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

MT Bank Analyst Consensus

Target PriceAdvice# of Analysts
152.08Buy21Odds
MT Bank current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most MTB analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MTB stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MT Bank, talking to its executives and customers, or listening to MTB conference calls.
MTB Analyst Advice Details
MT Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of MT Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MT Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

MT Bank Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of MT Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

MT Bank Trend Analysis

Use this graph to draw trend lines for MT Bank. You can use it to identify possible trend reversals for MT Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual MT Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

MT Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MT Bank applied against its price change over selected period. The best fit line has a slop of   0.67  , which may imply that MT Bank will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 17000.91, which is the sum of squared deviations for the predicted MT Bank price change compared to its average price change.

About MT Bank Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of MT Bank on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of MT Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MT Bank price pattern first instead of the macroeconomic environment surrounding MT Bank. By analyzing MT Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of MT Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to MT Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03280.03720.04240.0446
Price To Sales Ratio3.32.942.432.58

MT Bank November 7, 2024 Technical Indicators

Most technical analysis of MTB help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MTB from various momentum indicators to cycle indicators. When you analyze MTB charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

MT Bank November 7, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as MTB stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for MTB Stock analysis

When running MT Bank's price analysis, check to measure MT Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MT Bank is operating at the current time. Most of MT Bank's value examination focuses on studying past and present price action to predict the probability of MT Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MT Bank's price. Additionally, you may evaluate how the addition of MT Bank to your portfolios can decrease your overall portfolio volatility.
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