PNC Financial's most recent trend suggests a bearish bias. One trading opportunity on PNC Financial is a Bear Call Spread using a strike $82.50 short call and a strike $87.50 long call offers a potential 12.87% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $82.50 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $4.43 would be incurred if the stock rose above the $87.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for PNC Financial 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 PNC Financial is bearish.
The RSI indicator is at 30.57 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for PNC Financial
MOVES- Deutsche BankPimco, Willis North America
Tue, 05 Aug 2014 19:40:34 GMT
Reuters – UK Focus – The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com. DEUTSCHE BANK The German bank named U.S.-Swiss lawyer …
MOVES-Patrick Woolfe joins U.S. Bank from PNC Financial
Tue, 05 Aug 2014 14:12:01 GMT
Harris Williams & Co. Advises Ross Aviation on its Sale to Landmark Aviation
Fri, 01 Aug 2014 16:09:00 GMT
Business Wire – Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces that Ross Aviation has been acquired by Landmark Aviation, a portfolio company of The Carlyle Group.
As US economy accelerates, Fed remains cautious
Thu, 31 Jul 2014 11:27:01 GMT
As US economy accelerates, Fed remains cautious
Thu, 31 Jul 2014 11:26:54 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook