PNC FINANCIAL SERVICES GROUP (PNC) Stock Technical Analysis
NYSE:PNC - New York Stock Exchange, Inc. - US6934751057 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to PNC. PNC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PNC has a been trading in the 170.49 - 184.31 range, which is quite wide. It is currently trading near the high of this range.
PNC has an average volume of 2146080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that PNC is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PNC is part of the Banks industry. There are 395 other stocks in this industry, PNC did better than 59% of them.
PNC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PNC is lagging the market.
PNC has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
149.58
189.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 169.43 to 178.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @157.89 from a trend line in the weekly time frame.
- Support @151.09 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 182.03 to 182.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @187.20 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for PNC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNC is up. |
| ChartMill Relative Strength | 72.83 | POSITIVE | PNC has a high relative strength, it outperformed 72.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNC is above the rising 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 | NEGATIVE | The current price of PNC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.46 | NEUTRAL | The RSI value for PNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests PNC has a positive trend. |
| Stochastics (14,3) | 82.03 | OVERBOUGHT | The high Stochastics value suggests PNC may be overbought. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for PNC suggests low volalility. |
| Average Directional Index/ADX (14) | 17.71 | NEGATIVE | The low ADX value for PNC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
182.02
+1.27 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.7%
1 Week3.93%
2 Weeks1.84%
1 Month5.94%
3 Month5.9%
6 Month-5.83%
12 Month17.07%
2 Year44.52%
3 Year15.37%
5 Year73.01%
10 Year90.3%
15 Year222.16%
Volatility
ATR(14)3.26
ATR(20)%1.78%
ATR Inc28.5%
Range Today3.3
ADR(20)2.96
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.83
Mansfield-0.53
10 Day High184.31
10 Day Low172.73
20 Day High184.31
20 Day Low170.49
52 Week High216.26
52 Week Low145.12
CS1 End178.39
CR1 Start182.03
Volume & EV
DER(3)-0.6%
DER(5)-1.16%
Volume1.68M
Volume Incr40.49%
Vol(5)2.45M
Vol(50)2.15M