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After Yesterday's Decline of 1.92%, Pnc Financial Se Offers Investors Better Value

By Nick Russo

Pnc Financial Se (NYSE:PNC) traded in a range yesterday that spanned from a low of $130.12 to a high of $132.98. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $131.56 on volume of 969,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Pnc Financial Se have traded between a low of $108.45 and a high of $147.23 and are now at $130.48, which is 20% above that low price. The 200-day and 50-day moving averages have moved 0.14% lower and 0.24% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Pnc Financial Se. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Pnc Financial Se in search of a potential trend change.

Keywords: rebounders pnc financial se

Ticker(s): PNC