When the Price of (PNC) Talks, People Listen

February 06, 2024, 02:32 am ET, BY Robert S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PNC

• Buy PNC slightly over 136.51 target 152.02 stop loss @ 136.12 Details

The technical summary data tells us to buy PNC near 136.51 with an upside target of 152.02. This data also tells us to set a stop loss @ 136.12 to protect against excessive loss in case the stock begins to move against the trade. 136.51 is the first level of support below 145.83 , and by rule, any test of support is a buy signal. In this case, support 136.51 is being tested, a buy signal would exist.

• Short PNC slightly under 152.02, target 136.51, stop loss @ 152.46 Details

The technical summary data is suggesting a short of PNC as it gets near 152.02 with a downside target of 136.51. We should have a stop loss in place at 152.46though. 152.02 is the first level of resistance above 145.83, and by rule, any test of resistance is a short signal. In this case, if resistance 152.02 is being tested, a short signal would exist.

Swing Trading Plans for PNC

• Buy PNC slightly over 151.58, target 152.02, Stop Loss @ 151.14 Details

If 151.58 begins to break higher, the technical summary data tells us to buy PNC just slightly over 151.58, with an upside target of 152.02. The data also tells us to set a stop loss @ 151.14 in case the stock turns against the trade. 151.58 is the first level of resistance above 145.83, and by rule, any break above resistance is a buy signal. In this case, 151.58, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PNC slightly near 151.58, target 145.56, Stop Loss @ 152.02. Details

The technical summary data is suggesting a short of PNC if it tests 151.58 with a downside target of 145.56. We should have a stop loss in place at 152.02 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 151.58, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for PNC

• Buy PNC slightly over 145.92, target 151.58, Stop Loss @ 145.58 Details

If 145.92 begins to break higher, the technical summary data tells us to buy PNC just slightly over 145.92, with an upside target of 151.58. The data also tells us to set a stop loss @ 145.58 in case the stock turns against the trade. 145.92 is the first level of resistance above 145.83, and by rule, any break above resistance is a buy signal. In this case, 145.92, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PNC slightly near 145.92, target 145.56, Stop Loss @ 146.26. Details

The technical summary data is suggesting a short of PNC if it tests 145.92 with a downside target of 145.56. We should have a stop loss in place at 146.26 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 145.92, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Pnc Financial Services Group Inc. (the) (PNC) available here: PNC.

PNC Ratings for February 06:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	120.97
P2	141.64	145.56	136.51
P3	145.92	151.58	152.02

AI Generated Signals for PNC

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Pnc Financial Services Group Inc. (the) (NYSE: PNC) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for PNC can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.