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SmarTrend Watching for Potential Rebound in Shares of Pnc Financial Se After 5.90% Loss

By James Quinn

Pnc Financial Se (NYSE:PNC) traded in a range yesterday that spanned from a low of $123.72 to a high of $128.73. Yesterday, the shares fell 5.9%, which took the trading range below the 3-day low of $131.27 on volume of 3.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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.

In the past 52 weeks, shares of Pnc Financial Se have traded between the current low of $123.99 and a high of $163.59 and are now at $124.65. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

Keywords: rebounders pnc financial se

Ticker(s): PNC