PNC Financial's most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 17.92% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock dropped below the $77.50 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 48.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for PNC Financial
No sign of mistrust as U.S. clients flock to big banks
Tue, 28 Oct 2014 03:00:00 GMT
Reuters – Benefits perceived by clients, such as the easy availability of cash points and a large branch network, were one of the reasons not to break up the big banks, said the Bipartisan Policy Centre, a centrist research group. “It just revolves around convenience,” said Greg McBride, an analyst at personal finance website Bankrate.com. “There is a disconnect between people's inclination to change financial institutions and their actual practice of doing so.” Bancorp added 4.7 million new deposit accounts in the four years between March 2010 and 2014, a 40 percent rise, the study showed.
S&P 500 trades in a narrow range, up against key technical levels
Mon, 27 Oct 2014 20:34:00 GMT
MOVES-Willis North America hires Nancy Korcinsky from PNC Financial
Mon, 27 Oct 2014 18:16:07 GMT
For America's Millionaires, Social Issues Beat Politics In An Election Year
Mon, 27 Oct 2014 10:56:27 GMT
noodls – – Two-thirds are concerned about economic inequality in U.S., PNC Survey finds – Nearly 70 percent support charitable causes focused on poverty and hunger – Few have donated to a political party or candidate …
For America's Millionaires, Social Issues Beat Politics In An Election Year
Mon, 27 Oct 2014 10:00:00 GMT
PR Newswire – PITTSBURGH, Oct. 27, 2014 /PRNewswire/ — Two-thirds (64 percent) of millionaires are concerned about economic inequality in America and most prefer to financially support charitable causes over political parties or candidates, according to the PNC Wealth and Values Survey. Seven in 10 (69 percent) support charitable initiatives focused on poverty and hunger in America, PNC found, and nearly two-thirds (64 percent) support scholarship and other educational opportunities for children of lower income families. Political beliefs are at the bottom of the list of what is most important to millionaires, and most do not provide strong financial support to political parties. “These findings show the wealthy realize that our society is better when everyone is in the game and earning – and that economic inequality can have negative consequences,” said Thomas P. Melcher, executive vice president and head of Hawthorn, PNC's family office.
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