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 8.23% return on risk over the next 24 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 $0.38 would be kept by the premium seller. The risk of $4.62 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 37.39 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 Chief Demchak Adds Chairman Title as Rohr Retires
Tue, 22 Apr 2014 18:37:04 GMT
[$$] PNC's CEO Demchak Takes Over as Chairman
Tue, 22 Apr 2014 18:31:40 GMT
William S. Demchak Succeeds James E. Rohr as PNC Chairman
Tue, 22 Apr 2014 17:25:00 GMT
PR Newswire – PITTSBURGH, April 22, 2014 /PRNewswire/ — The PNC Financial Services Group, Inc. (NYSE: PNC) board of directors has elected William S. Demchak its chairman effective today. Demchak succeeds James E. Rohr, …
1:25 pm PNC board of directors elects William S. Demchak its chairman effective today
Tue, 22 Apr 2014 17:25:00 GMT
Harris Williams & Co. Advises Upstream Telecommunications and Software Systems S.A. on its Significant Investment from Actis Capital, LLP
Tue, 22 Apr 2014 14:43:00 GMT
Business Wire – Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the significant investment in Upstream Telecommunications and Software Systems S.A.
Related Posts
Also on Market Tamer…
Follow Us on Facebook