PNC Financial's most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $119.00 short put and a strike $114.00 long put offers a potential 27.23% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $119.00 by expiration. The full premium credit of $1.07 would be kept by the premium seller. The risk of $3.93 would be incurred if the stock dropped below the $114.00 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 60.03 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for PNC Financial
Here are the local banks with the most consumer complaints
Wed, 09 Jan 2019 20:18:06 +0000
Citizens Financial Group, parent company to Citizens Bank, was the subject of the highest percentage of complaints to the Consumer Financial Protection Bureau than any other large U.S. bank, according to a new study.
PNC Bank sells former regional office for $14M
Wed, 09 Jan 2019 19:36:06 +0000
PNC Bank sold a West Palm Beach office building that previously served as its Southeast Florida headquarters for $14.22 million. The bank (NYSE: PNC) recently relocated its regional headquarters to Palm Beach Gardens, so it no longer needed this office building. The bank shared the West Palm Beach building with other tenants.
PNC Financial Services (PNC) Reports Next Week: Wall Street Expects Earnings Growth
Wed, 09 Jan 2019 15:30:03 +0000
PNC Financial Services (PNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
See what the IHS Markit Score report has to say about PNC Financial Services Group Inc.
Wed, 09 Jan 2019 13:00:27 +0000
# PNC Financial Services Group Inc
### NYSE:PNC
View full report here!
## Summary
* Perception of the company's creditworthiness is neutral
* ETFs holding this stock are seeing positive inflows
* Bearish sentiment is low
## Bearish sentiment
Short interest | Positive
Short interest is extremely low for PNC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PNC.
## Money flow
ETF/Index ownership | Positive
ETF activity is positive. Over the last month, growth of ETFs holding PNC is favorable, with net inflows of $15.90 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
## Economic sentiment
PMI by IHS Markit | Neutral
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.
## Credit worthiness
Credit default swap | Neutral
The current level displays a neutral indicator. PNC credit default swap spreads are within the middle of their range for the last three years.
Please send all inquiries related to the report to score@ihsmarkit.com.
Charts and report PDFs will only be available for 30 days after publishing.
This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Harris Williams Advises RoadOne IntermodaLogistics, LLC on its Recapitalization and Growth Investment with Nonantum Capital
Tue, 08 Jan 2019 15:45:00 +0000
Harris Williams, a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces that it advised RoadOne IntermodaLogistics, LLC , a portfolio company of Tritium Partners , on its recapitalization and growth investment with Nonantum Capital .
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