M&T Bank's most recent trend suggests a bullish bias. One trading opportunity on M&T Bank is a Bull Put Spread using a strike $170.00 short put and a strike $160.00 long put offers a potential 23.46% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $170.00 by expiration. The full premium credit of $1.90 would be kept by the premium seller. The risk of $8.10 would be incurred if the stock dropped below the $160.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for M&T Bank is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for M&T Bank is bearish.
The RSI indicator is at 60.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for M&T Bank
M&T Bank cuts corporate board to 17 following PUB deal – with two execs dropping off
Wed, 27 Apr 2022 10:00:00 +0000
Bank chair/CEO René Jones is the only remaining non-independent director of the bank's parent company board.
M&T CEO Rene Jones talks about future of both the bank and Buffalo
Mon, 25 Apr 2022 17:38:47 +0000
The Buffalo-based bank expects to focus this year on integrating People’s United into its systems, processes, branding and way of doing business.
M & T Bank (MTB) Q1 2022 Earnings Call Transcript
Wed, 20 Apr 2022 22:30:42 +0000
Image source: The Motley Fool. M & T Bank (NYSE: MTB)Q1 2022 Earnings CallApr 20, 2022, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to the M&T Bank's first quarter 2022 earnings conference call.
3 Top S&P 500 Stock Market Gainers Today: IBM Rallies As Netflix Crashes
Wed, 20 Apr 2022 21:12:54 +0000
M&T Bank, IBM and HCA Healthcare were the top three S&P 500 index gainers on the stock market today. Netflix was easily the biggest S&P 500 loser on Wednesday, along with Match Group and Enphase Energy.
Top Gainers: 10 Stocks to Watch on Wednesday
Wed, 20 Apr 2022 21:11:28 +0000
In this article, we will discuss some of the popular stocks gaining on Wednesday. To take a look at some more stocks that are rising, go to Top Gainers: 5 Stocks to Watch on Wednesday. The major indices are reflecting mixed sentiments on Wednesday as investors are processing some of the notable earnings results for […]
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