PNC Financial (PNC) Offering Possible 34.41% Return Over the Next 16 Calendar Days

PNC Financial's most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $144.00 short put and a strike $139.00 long put offers a potential 34.41% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $144.00 by expiration. The full premium credit of $1.28 would be kept by the premium seller. The risk of $3.72 would be incurred if the stock dropped below the $139.00 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 76.63 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’s Bill Demchak hopes Pittsburgh’s old money will finance its tech-driven future
Mon, 30 Jul 2018 03:00:44 +0000
The spot could not be more symbolic: this great industrial city has been bankrolled by Pittsburgh’s money men from the intersection of Fifth Avenue and Wood Street since the American civil war. This was where the First National Bank of Pittsburgh, ancestor of today’s PNC Financial Services, built its headquarters. From the 28th floor of the first skyscraper to go up in Pittsburgh for decades, the view of the confluence of the mighty Ohio, Allegheny and Monongahela rivers offers a perfect vantage point for Pittsburgh native Bill Demchak, chief executive at PNC, to reflect on the rebirth of one of America’s great Rust Belt cities — and what lessons it may hold for other cities trying to recover from decades of decline.

See what the IHS Markit Score report has to say about PNC Financial Services Group Inc.
Sat, 28 Jul 2018 12:00:41 +0000
PNC Financial Services Group Inc NYSE:PNC

The Banking Sector’s Top-Paid CEOs
Mon, 23 Jul 2018 16:12:47 +0000
InvestorPlace is checking out a list of the top-paid CEOs in the banking sector.Source: Shutterstock

Bank Notes: Santander joins TD in adding nCino business banking operating system
Mon, 23 Jul 2018 11:00:00 +0000
The bank said it will cut the time it takes to deliver loan decisions from start to finish by approximately 40 percent.

BB&T (BBT) Posts In-Line Earnings in Q2, Provisions Stable
Thu, 19 Jul 2018 12:18:12 +0000
BB&T's (BBT) Q2 results benefit from higher revenues and lower expenses.

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