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 5.93% return on risk over the next 23 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 $0.28 would be kept by the premium seller. The risk of $4.72 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 25.27 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
[$$] U.S. Jobless Claims Drop to Lowest Level Since 2006
Fri, 25 Jul 2014 10:54:55 GMT
The Wall Street Journal – New applications for unemployment benefits plunged last week, reaching an 8½-year low and offering the latest signs of strength in the labor market.
Is China set up for a ‘perfect storm' in 2016?
Fri, 25 Jul 2014 04:04:56 GMT
PNC FINANCIAL SERVICES GROUP, INC. Financials
Thu, 24 Jul 2014 17:04:11 GMT
How 1 Regional Bank Crushed Its Competitors
Wed, 23 Jul 2014 15:46:11 GMT
PNC Bank To Provide Banking Services To Roosevelt University Students, Employees
Tue, 22 Jul 2014 15:19:46 GMT
noodls – Jul 22, 2014 8:16am PITTSBURGH, July 22, 2014 – PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. (NYSE: PNC) announced today it will provide banking services to Roosevelt University. …
Related Posts
Also on Market Tamer…
Follow Us on Facebook