M&T Bank (MTB) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for MTB · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$253.06last close · Aug 4, 202652-week range $174.76 – $255.00 · 0.76% below the high

MTB Triangle Pattern

MTB is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $197.12 (+16.3%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; MTB's own triangles have hit 47.2%.

DirectionBullishTarget$197.12Projected move+16.3%Breakout level$172.59

New to this pattern? What a triangle is and how to trade it →

MTB's Most Recent Triangle Trade

MTB's most recent completed triangle resolved as a win: it broke down on Feb 20, 2025 near $197.24, then reached its target at $188.82 on Feb 26, 2025 — a +2.06R move (4.3%) over 4 sessions. Across 124 backtested triangles, this setup wins 50.8% of the time.

OutcomeWinResult+2.06REntry$197.24Exit$188.82

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
MTB win rate
47.2%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

MTB Pattern Trade History

Every completed pattern trade our nightly backtest found on MTB's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleFeb 20, 2025 @ $197.24Feb 26, 2025 @ $188.82Win+2.06R
TriangleSep 17, 2024 @ $173.94Oct 25, 2024 @ $192.57Win+1.49R
Bullish PennantAug 16, 2024 @ $163.09Oct 25, 2024 @ $192.57Win+3.69R
Rising WedgeApr 2, 2024 @ $141.50Apr 11, 2024 @ $133.68Win+1.42R
Falling WedgeMar 4, 2024 @ $140.87May 20, 2024 @ $152.26Win+0.91R
Rising WedgeDec 1, 2023 @ $130.19Dec 20, 2023 @ $133.96Win+0.26R
TriangleOct 19, 2023 @ $119.91Nov 29, 2023 @ $127.73Loss-1.00R
Bullish PennantOct 6, 2023 @ $124.82Oct 20, 2023 @ $113.77Loss-1.88R
Rising WedgeJun 13, 2023 @ $124.14Jul 11, 2023 @ $131.45Loss-1.08R
TriangleJun 5, 2023 @ $126.06Jun 22, 2023 @ $117.59Loss-1.05R
TriangleDec 5, 2022 @ $165.50Dec 15, 2022 @ $139.60Win+3.65R
Falling WedgeOct 13, 2022 @ $186.08Oct 19, 2022 @ $163.06Loss-2.68R

MTB Support and Resistance Levels

Price found a floor near $221.45 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $271.50 — still about 7% away.

  • Traders commonly watch $271.50 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $221.45 floor about 2 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $239.55, resistance near $277.14. These are chart/swing-derived levels, not formula pivots.

Resistance
$277.14$281.21$343.50$436.69
Support
$239.55$224.76$213.03$180.78$150.75

MTB Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$249.20$254.69$248.60$253.06
Aug 3, 2026$246.68$249.72$246.31$249.48
Jul 31, 2026$247.46$248.73$245.63$246.29
Jul 30, 2026$250.82$251.10$246.74$247.00
Jul 29, 2026$251.44$252.88$249.36$250.33
Jul 28, 2026$250.14$253.58$249.11$252.61
Jul 27, 2026$250.28$252.15$247.05$248.28
Jul 24, 2026$246.74$249.71$245.85$249.60
Jul 23, 2026$246.98$247.65$244.29$245.97
Jul 22, 2026$249.06$251.04$247.14$250.73

MTB Frequently Asked Questions

What chart pattern is MTB forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on M&T Bank (MTB) on the daily chart, with a measured-move target of $197.12.
Is a triangle bullish or bearish?
The triangle detected on MTB is a bullish pattern, projecting a measured-move target of $197.12. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for MTB?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), MTB's nearest support is around $239.55 and nearest resistance around $277.14.
What is the price target if MTB's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $197.12 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was MTB's closing price on Aug 4, 2026?
M&T Bank (MTB) last closed at $253.06 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.