PNC Financial's most recent trend suggests a bearish bias. One trading opportunity on PNC Financial is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 2.88% 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 $75.00 by expiration. The full premium credit of $0.14 would be kept by the premium seller. The risk of $4.86 would be incurred if the stock rose above the $80.00 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
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Tue, 05 Nov 2013 14:43:00 GMT
Forbes – The chief justice issues an unsubtle challenge to class-action settlements that pay charities, not clients.
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Sat, 02 Nov 2013 13:14:08 GMT
Motley Fool – We play a round of “Would You Rather,” with scenarios involving Bank of America, U.S. Bancorp, Citigroup, PNC, and Capital One.
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Sat, 02 Nov 2013 11:07:33 GMT
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Banks Fret Over Fed’s Planned Liquidity Requirement: Muni Credit
Fri, 01 Nov 2013 04:01:00 GMT
Bloomberg – U.S. banks led by JPMorgan Chase & Co. and Wells Fargo & Co. have bought a record amount of municipal debt. That demand is now at risk under a Federal Reserve proposal that excludes local bonds from a …
Washington Gridlock Clouds Wealthy Outlook On Economy, PNC Survey Finds
Thu, 31 Oct 2013 11:04:27 GMT
noodls – PHILADELPHIA, Oct. 31, 2013/PRNewswire/ — The increasingly optimistic mood of America's affluent on the economy darkened in the aftermath of the U.S. government shutdown and near default, according to …
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