USA - NYSE:PNC - US6934751057 - Common Stock
We assign a technical rating of 4 out of 10 to PNC. PNC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, PNC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 198.45, a Stop Loss order could be placed below this zone.
149.58
3 important support areas can be observed.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PNC is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNC is down. |
ChartMill Relative Strength | 53.68 | NEUTRAL | PNC is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNC is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PNC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PNC is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 42.77 | NEUTRAL | The RSI value for PNC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1 | NEGATIVE | The MACD value suggests PNC has a negative trend. |
Stochastics (14,3) | 14.77 | OVERSOLD | The low Stochastics value suggests PNC may be oversold. |
Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for PNC suggests low volalility. |
Average Directional Index/ADX (14) | 17.6 | NEGATIVE | The low ADX value for PNC suggests a weak or negative trend. |
198.46
+0.3 (+0.15%)