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SmarTrend Watching for Potential Pullback in Shares of Pnc Financial Se After 2.77% Gain

By Shiri Gupta

Pnc Financial Se (NYSE:PNC) traded in a range yesterday that spanned from a low of $103.88 to a high of $105.33. Yesterday, the shares gained 2.8%, which took the trading range above the 3-day high of $104.17 on volume of 547,000 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 Se and will alert subscribers who have PNC in their portfolio or watchlist when shares have changed trend direction.

Pnc Financial Se share prices have moved between a 52-week high of $161.79 and a 52-week low of $79.41 and are now trading 31% above that low price at $104.38 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.5% while the 200-day MA has slid 0.6%.

Keywords: rebounders pnc financial se

Ticker(s): PNC