PNC Financial (PNC) Offering Possible 5.26% Return Over the Next 6 Calendar Days

PNC Financial's most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $120.00 short put and a strike $115.00 long put offers a potential 5.26% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $115.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for PNC Financial is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for PNC Financial is bullish.

The RSI indicator is at 56.14 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

Harris Williams Advises Truco Enterprises on Its Pending Sale to Utz Brands, Inc.
Thu, 12 Nov 2020 15:10:00 +0000
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Truco Enterprises (Truco), a portfolio company of Insignia Capital Group (Insignia), on its pending sale to Utz Brands, Inc. (NYSE: UTZ; Utz). Truco is a leading maker of tortilla chips, salsa and queso sold under the On The Border® (OTB) brand. The transaction is being led by Tim Alexander, Ryan Freeman, Zach England, Thomas DeMinico and David Stead of the Harris Williams Consumer Group.

Harris Williams Advises Highline Aftermarket Holdings, LLC on its Sale to Pritzker Private Capital
Tue, 10 Nov 2020 14:46:00 +0000
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Highline Aftermarket Holdings, LLC (Highline), a portfolio company of The Sterling Group (Sterling), on its sale to Pritzker Private Capital (PPC). Highline is a leading national distributor of automotive aftermarket products. The transaction was led by Joe Conner, Jeff Kidd, Nicholas Petrick and Trey Balson of the Harris Williams Transportation & Logistics (T&L) Group and Bob Baltimore, Graham Gillam and Kel Wilburn of the Harris Williams Specialty Distribution Group.

Harris Williams Advises MPM Products on its Pending Sale to 3i Group
Mon, 09 Nov 2020 17:56:00 +0000
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising MPM Products (MPM), a portfolio company of ECI Partners (ECI), on its pending sale to 3i Group (3i). MPM produces premium, natural pet food for discerning cat and dog owners under the Applaws, Encore and Reveal brands. The transaction is being led by Will Bain and Ryan Budlong of the Harris Williams Consumer Group and Daniel Wang, a managing director leading the firm’s efforts in Asia.

Harris Williams Advises Veregy on its Sale to Court Square Capital Partners
Wed, 04 Nov 2020 14:37:00 +0000
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Veregy, a portfolio company of Bow River Capital, on its sale to Court Square Capital Partners (Court Square). Veregy is an energy services company (ESCO) that designs, engineers and implements eco-friendly building and system optimizations that minimize upfront costs and produce meaningful energy and operational savings. The transaction was led by Luke Semple, Drew Spitzer, Ian Thomas, Greg Waller and Trevor Casey of the Harris Williams Energy, Power & Infrastructure (EPI) Group.

Harris Williams Advises Service Logic on its Sale to Leonard Green & Partners, L.P.
Tue, 03 Nov 2020 14:33:00 +0000
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Service Logic, a portfolio company of Warburg Pincus LLC (Warburg Pincus), on its sale to Leonard Green & Partners, L.P. (LGP). Service Logic is a leading independent commercial HVAC services provider in the United States. The transaction was led by Bob Baltimore, Brian Lucas, Anthony Basmajian, Bryce Walker and Brian Holden of the Harris Williams Business Services Group.

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