Is M&T Bank Corp. technically bullish or bearish?

As of 10 October 2025, the technical trend for M&T Bank Corp. has changed from sideways to mildly bearish. The weekly and monthly MACD indicators are both mildly bearish, and the KST, Dow Theory, and OBV also reflect a mildly bearish stance on the weekly and monthly time frames. The daily moving averages are mildly bullish, providing some counterbalance. The Bollinger Bands indicate a bearish trend on the weekly and a sideways trend on the monthly.
In terms of performance, M&T Bank Corp. has underperformed the S&P 500 across multiple time frames, with a 1-week return of -7.05% compared to -2.43% for the S&P 500, and a year-to-date return of -3.81% versus 11.41% for the benchmark. Overall, the current technical stance is mildly bearish.