• Return to Headlines

Watch for PNC Financial Services to Potentially Pullback After Gaining 1.33% Yesterday

By James Quinn

PNC Financial Services (NYSE:PNC) traded in a range yesterday that spanned from a low of $123.08 to a high of $124.58. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $124.57 on volume of 923,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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.

In the past 52 weeks, shares of PNC Financial Services have traded between a low of $77.40 and a high of $131.83 and are now at $124.09, which is 60% above that low price. The 200-day and 50-day moving averages have moved 0.28% lower and 0.31% higher over the past week, respectively.

Keywords: rebounders PNC Financial Services

Ticker(s): PNC