PNC Financial's most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $205.00 short put and a strike $200.00 long put offers a potential 19.05% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $205.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $200.00 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 29.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for PNC Financial
PNC Foundation Commits $2 Million to Advance Black Entrepreneurship in North Carolina
Thu, 03 Feb 2022 18:00:14 +0000
Newly established PNC North Carolina HBCU Initiative to help cultivate entrepreneurship resources and opportunities for students at five universities through grant funding
PNC economists see silver lining in disappointing jobs report
Wed, 02 Feb 2022 20:50:13 +0000
While job growth in December was weak according to the preliminary estimate by the U.S. Bureau of Labor Statistics — roughly half the consensus expectation of 400,000 — “details of the report were much better than the headline number,” Pittsburgh’s biggest bank said in its newly released National Economic Outlook. Job growth in November and October were revised upward, meaning a stronger fourth quarter, economists at PNC Financial Service Group Inc. said. The unemployment rate fell to 3.9% in December, down from 4.2% in November.
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Wed, 02 Feb 2022 18:38:30 +0000
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Harris Williams Advises Medical Knowledge Group, LLC on its Sale to Novo Holdings A/S
Wed, 02 Feb 2022 15:40:00 +0000
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Wed, 02 Feb 2022 14:38:24 +0000
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