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IAT

MTB Makes Bullish Cross Above Critical Moving Average

Shutterstock photo
Shutterstock photo

Shutterstock photo

In trading on Wednesday, shares of M & T Bank Corp (Symbol: MTB) crossed above their 200 day moving average of $118.27, changing hands as high as $119.61 per share. M & T Bank Corp shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of MTB shares, versus its 200 day moving average:

M & T Bank Corp 200 Day Moving Average Chart

Looking at the chart above, MTB's low point in its 52 week range is $100.08 per share, with $134.00 as the 52 week high point - that compares with a last trade of $119.34.

According to the ETF Finder at ETF Channel, MTB makes up 4.99% of the iShares U.S. Regional Banks ETF (Symbol: IAT) which is trading up by about 0.5% on the day Wednesday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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