PNC Financial's most recent trend suggests a bearish bias. One trading opportunity on PNC Financial is a Bear Call Spread using a strike $80.00 short call and a strike $85.00 long call offers a potential 18.2% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $80.00 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock rose above the $85.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for PNC Financial
A Gain in Factory Activity Eases Fears of a Slowdown
Tue, 04 Feb 2014 22:06:47 GMT
New York Times – The gain, which excludes non-transportation orders, suggested that the factory sector over all was poised to withstand what appeared to be partly a weather-related decline.
PNC Bank Provides Legacy Cabinets $13.5 Million In Senior Secured Financing
Tue, 04 Feb 2014 12:36:23 GMT
noodls – Feb 4, 2014 7:30am PITTSBURGH, Feb. 4, 2014 – PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. (NYSE: PNC), today announced the closing of a $13.5 million asset-based loan for Legacy …
Higher Loan Loss Provisions Could Hit Some Banks Hard
Mon, 03 Feb 2014 21:07:13 GMT
The Wall Street Journal – Bank earnings have been aided for several years by improving loan quality, which allows banks to spend less on cushions for loans that could sour and giving them more room to release the reserves they …
Credit Spreads Widen on Emerging-Markets Turmoil
Mon, 03 Feb 2014 19:30:00 GMT
Morningstar – At this point, the instability appears to be contained in relatively small geographic regions.
These card companies offer best fraud protection
Mon, 03 Feb 2014 11:00:00 GMT
CNBC – A new report finds that financial institutions are doing a much better job than retailers when it comes to credit card security.
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