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Pnc Financial Se Looks to Continue to Trade Below its Annual-Low Share Price Today

By Amy Schwartz

Shares of Pnc Financial Se (NYSE:PNC) traded today at $123.99, breaking its 52-week low. Approximately 1.5 million shares have changed hands today, as compared to an average 30-day volume of 2 million shares.

PNC Financial Services Group, Inc. is a diversified financial services organization. The Company provides regional banking, wholesale banking, and asset management services nationally and in the Company's primary regional markets.

Potential upside of 28.2% exists for Pnc Financial Se, based on a current level of $125.83 and analysts' average consensus price target of $161.26. The stock should find initial resistance at its 50-day moving average (MA) of $141.97 and further resistance at its 200-day MA of $147.17.

Over the past year, Pnc Financial Sehas traded in a range of $123.99 to $163.59 and are now at $125.83. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

SmarTrend is tracking the current trend status for Pnc Financial Se and will alert subscribers who have PNC in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows pnc financial se

Ticker(s): PNC