PNC Financial's most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 5.26% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 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 $67.50 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 66.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for PNC Financial
Shutdown Will Hinder True Gauge of U.S. Economy
Wed, 23 Oct 2013 00:43:30 GMT
New York Times – Figures for unemployment and job creation this month and next will be skewed by the brief disappearance of federal employees and contractors from the work force, economists say.
Banking Industry Could be Hit for Billions Over JPM Probe
Tue, 22 Oct 2013 21:27:44 GMT
Fox Business – The banking industry could be on the hook for billions of dollars in legal costs if officials apply similar standards to other banks as JP Morgan, analysts tell FOX Business.
1 Number Showing This Bank's Premium Performance
Sat, 19 Oct 2013 05:04:20 GMT
Motley Fool – Thanks in large part to an improvement in one key metric, Capital One once again delivered solid results in the quarter.
[$$] Banks Face a Profit Squeeze
Sat, 19 Oct 2013 03:51:06 GMT
The Wall Street Journal – The nation's biggest banks are getting squeezed from almost every direction, quarterly reports show, from slumping mortgage demand to a sluggish economy and tumultuous bond markets.
Why Investors in Big Banks Are Happy Today
Fri, 18 Oct 2013 17:47:01 GMT
Motley Fool – Q3 results continue to juice the stock of Bank of America and regional lenders KeyCorp, US Bancorp, and PNC Financial Services. Even Citigroup shares are trading up.
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