PNC Financial's most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $90.00 short put and a strike $85.00 long put offers a potential 6.16% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $85.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for PNC Financial is bearish and the probability of a decline 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 above 80 which suggests that the stock is in overbought territory.
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 FINANCIAL SERVICES GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial State
Thu, 03 Nov 2016 18:45:56 GMT
PNC FINANCIAL SERVICES GROUP, INC. Files SEC form 8-K, Material Modification to Rights of Security Holders, Amendment
Tue, 01 Nov 2016 20:18:00 GMT
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Tue, 01 Nov 2016 12:25:00 GMT
Pnc Financial Services Group Inc (PNC) President/CEO William S Demchak Sold $7.9 million of Shares
Mon, 31 Oct 2016 21:15:02 GMT
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