PNC Financial’s most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 7.87% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $9.27 would be incurred if the stock dropped below the $115.00 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 77.63 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for PNC Financial
Why Is PNC Financial Services (PNC) Up 2% Since Last Earnings Report?
Sun, 11 Nov 2018 14:30:02 +0000
PNC Financial Services (PNC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Bank Stock Roundup: Restructuring, FX Manipulation, BofA & Wells Fargo Dominate
Fri, 09 Nov 2018 12:48:12 +0000
Business restructuring initiatives are expected to aid banks' revenue growth while FX rigging related matter is a concern.
PNC Financial Rewards Shareholders With Share Buyback Plan
Fri, 09 Nov 2018 11:09:11 +0000
PNC Financial's (PNC) improved share repurchase program reflects its strong balance sheet position. Also, the stock has significant upside potential, driven by strong fundamentals.
PNC Announces $900 Million Increase To Authorized Share Repurchases
Thu, 08 Nov 2018 21:15:00 +0000
PITTSBURGH , Nov. 8, 2018 /PRNewswire/ — The PNC Financial Services Group, Inc. (NYSE: PNC) announced that it received approval from the Federal Reserve today to repurchase up to an additional $900 million …
PNC economist: Here's how Florida's elections can affect the economy
Thu, 08 Nov 2018 21:07:00 +0000
With votes still being counted for many of Florida’s political races, there are plenty of unknown factors as we await the final election results. Races for Florida’s governor and U.S. Senate seat have already been called for Ron DeSantis and Rick Scott, but there is the potential for recounts in several statewide races. Whether the called results remain the same, there will still be an economic impact on both Florida and the Orlando area regardless of who is confirmed as election winners.
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