PNC Financial Services Crosses Above its 10-day MA (PNC)
Today, shares of PNC Financial Services (NYSE:PNC) have advanced above their 10-day MA of $85.74 on a volume of 299K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, PNC Financial Services share prices have been bracketed by a low of $77.67 and a high of $100.52 and are now at $86.96, 12% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.3%.
SmarTrend is tracking the current trend status for PNC Financial Services and will alert subscribers who have PNC in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses PNC Financial Services