PNC FINANCIAL SERVICES GROUP (PNC) Stock Technical Analysis
USA - NYSE:PNC - US6934751057 - Common Stock
We assign a technical rating of 2 out of 10 to PNC. PNC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, PNC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 183.46, a Stop Loss order could be placed below this zone.
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149.58
When analyzing the support we can see 5 important areas.
- A support zone ranging from 182.92 to 183.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 178.36 to 179.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @173.20 from a horizontal line in the daily time frame.
- Support @155.07 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.
- Resistance @202.43 from a horizontal line in the daily time frame.
- A resistance zone ranging from 207.45 to 207.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for PNC is neutral. |
| ChartMill Relative Strength | 25.83 | NEGATIVE | PNC has a low relative strength, it was outperformed by 74.17% 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) | DOWN | NEGATIVE | The current price of PNC is below a declining 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) | 45.07 | NEUTRAL | The RSI value for PNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests PNC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.27 | NEUTRAL | The Stochastics value for PNC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for PNC suggests low volalility. |
| Average Directional Index/ADX (14) | 17.28 | NEGATIVE | The low ADX value for PNC suggests a weak or negative trend. |
183.99
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PNC FINANCIAL SERVICES GROUP / PNC FAQ
Can you provide the ChartMill technical rating for PNC FINANCIAL SERVICES GROUP?
ChartMill assigns a technical rating of 2 / 10 to PNC.
What is the trend direction for PNC stock?
The current trend direction for PNC FINANCIAL SERVICES GROUP (PNC) is Bearish.
Can you provide the RSI signal for PNC FINANCIAL SERVICES GROUP?
PNC FINANCIAL SERVICES GROUP (PNC) has an RSI value of 45.0694. This indicates that the stock is currently neutral.
What is the MACD signal for PNC FINANCIAL SERVICES GROUP (PNC) stock?
The MACD indicator for PNC FINANCIAL SERVICES GROUP (PNC) has a value of 0.78515, indicating a bearish trend.