PNC Financial Services Group (The) (PNC) : Traders are bullish on PNC Financial Services Group (The) (PNC) as it has outperformed the S&P 500 by a wide margin of 4.88% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.92%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.44% in the last 1 week, and is up 4.74% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.71% and the 50-Day Moving Average is 8.41%.The 200 Day SMA reached 5.46%. The PNC Financial Services Group, Inc. is up 1.36% in the last 3-month period. Year-to-Date the stock performance stands at -3.2%.
PNC Financial Services Group (The) (NYSE:PNC): After opening at $90.09, the stock dipped to an intraday low of $89.53 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $90.89 and the buying power remained strong till the end. The stock closed at $90.54 for the day, a gain of 0.61% for the day session. The total traded volume was 2,020,123. The stocks close on the previous trading day was $89.99.
The PNC Financial Services Group, Inc. is a diversified financial services company in the United States. The Company has businesses engaged in retail banking, corporate and institutional banking, asset management and residential mortgage banking, as well as other products and services in its primary geographic markets located in Pennsylvania, Ohio, New Jersey, Michigan, Illinois, Maryland, Indiana, North Carolina, Florida, Kentucky, Washington, D.C., Delaware, Virginia, Alabama, Missouri, Georgia, Wisconsin and South Carolina. The Company operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, Residential Mortgage Banking, BlackRock and Non-Strategic Assets Portfolio.