PNC Financial's most recent trend suggests a bearish bias. One trading opportunity on PNC Financial is a Bear Call Spread using a strike $150.00 short call and a strike $155.00 long call offers a potential 61.29% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $150.00 by expiration. The full premium credit of $1.90 would be kept by the premium seller. The risk of $3.10 would be incurred if the stock rose above the $155.00 long call 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 down which suggests that the medium-term momentum for PNC Financial is bearish.
The RSI indicator is at 27.29 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
UMB Financial's (UMBF) Q4 Earnings Beat, Revenues Increase
Wed, 29 Jan 2020 12:52:12 +0000
UMB Financial's (UMBF) Q4 results highlight higher revenues, increasing loan and deposit balances along with decline in provisions.
The Zacks Analyst Blog Highlights: Walt Disney, Union Pacific, Petrobras, PNC Financial Services and Marriott International
Wed, 29 Jan 2020 12:16:12 +0000
The Zacks Analyst Blog Highlights: Walt Disney, Union Pacific, Petrobras, PNC Financial Services and Marriott International
Top Stock Reports for Disney, Union Pacific & Petrobras
Tue, 28 Jan 2020 21:47:09 +0000
Top Stock Reports for Disney, Union Pacific & Petrobras
PNC closing another Pittsburgh branch
Tue, 28 Jan 2020 17:56:12 +0000
PNC Financial Services Group Inc. continues to winnow its branch network, bringing the local cuts to three by mid-April. PNC (NYSE:PNC) has filed an application with the Office of the Comptroller of the Currency to close its Greenfield branch, located at 4301 Murray Ave. A PNC spokeswoman confirmed that the site is being consolidated on April 17 and that the receiving branch is at 5810 Forbes Ave. in the city’s Squirrel Hill neighborhood. “We are making significant renovations to the Squirrel Hill branch,” added Marcey Zweibel, PNC senior vice president and director of corporate communications.
Bank of Hawaii (BOH) Q4 Earnings Beat Estimates, Revenues Up
Tue, 28 Jan 2020 12:44:12 +0000
Bank of Hawaii's (BOH) Q4 results reflect higher non-interest income, strong capital position and declining expenses, partially offset by growing provisions and contracting margins.
Related Posts
Also on Market Tamer…
Follow Us on Facebook