PNC Financial's most recent trend suggests a bearish bias. One trading opportunity on PNC Financial is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 12.61% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $4.44 would be incurred if the stock rose above the $92.50 long call 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 down which suggests that the medium-term momentum for PNC Financial is bearish.
The RSI indicator is at 26.25 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
PNC customers can get debit cards replaced instantly in most branches
Tue, 21 Jun 2016 18:35:12 GMT
Comerica's Cost-Cutting Plan ‘Booed' by Investors Who Wanted a Sale
Thu, 16 Jun 2016 14:38:00 GMT
Will PNC Financial Continue to Face Revenue Pressure?
Thu, 16 Jun 2016 13:04:01 GMT
The PNC Financial Services Group, Inc. breached its 50 day moving average in a Bearish Manner : PNC-US : June 14, 2016
Tue, 14 Jun 2016 12:45:06 GMT
Featured Research Report on Money Center Bank Stocks
Fri, 10 Jun 2016 12:57:49 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook