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Archive - 6/6/2025 - Sign In to see current Signals. |
PNC Bank Corp. (PNC) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the PNC Bank Corp. (PNC). During the week, the PNC gained 4.82 points, or 2.77%, and closed at 178.63 on Friday, June 6, 2025. Weekly volume was -16% below average. PNC is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See PNC long-term trend chart] A long-term uptrend had started on March 6, 2009 at 16.20 and reached 228.14 on January 13, 2022. PNC gained -211.94 points, or -1308.27%, in 670 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 115.58 and resistance is at 297.02. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See PNC medium-term trend chart] A medium-term downtrend had started on November 29, 2024 at 216.30 and reached 145.10 on April 9, 2025. PNC lost 71.20 points, or 32.92%, in 18 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (176.22). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See PNC weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See PNC short-term trend chart] A short-term uptrend had started on April 9, 2025 at 145.10 and reached 180.34 on May 16, 2025. PNC gained -35.24 points, or -24.29%, in 37 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 172.75 and resistance is at 181.08. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.
Daily Technical Indicators: [See PNC daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since May 28, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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